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The Government will incorporate the MDGs-based Comprehensive National Development Strategy of Mongolia in themain guidelines for Mongolia’s economic and social development, budgetary notes, budgets, state monetary policy and ensure itsimplementation.8.2.3. Reporting, oversight and evaluation of the implementation outcomesThe Government shall report on the yearly implementation of the MDGs-based Comprehensive National DevelopmentStrategy of Mongolia within the first quarter of the next year.The National Security Council shall oversee the implementation of the National Programmes executed within theframework of the MDGs-based Comprehensive National Development Strategy of Mongolia.In order to execute constant oversight, monitoring, analyzing and evaluation of the progress and results of the activities,undertaken in the process of implementing the MDGs-based Comprehensive National Development Strategy of Mongoliafollowing activities will be carried out:Stages for monitoring and evaluation of implementation of the objectives set in the policy document:Stage 1: First stage evaluation of the Policy Goals (Timeline: 30 June 2010)Stage 2: Intermediate stage evaluation of the Policy Goals (Timeline: 30 June 2015)Stage 3: Final stage evaluation of the Policy Goals (Timeline: 30 June 2020)Monitoring, analysis and evaluation will be implemented by the central and local state administrative institutions withthe participation of relevant professional and research organizations and NGOs, in accordance with the integrated plan. Relatedfunds shall be allocated in each year’s budget. Monitoring and analysis shall be carried out constantly.Each objective reflected in the policy document will have indicators to evaluate its implementation results. Indicators toevaluate most important goals will be determined for each sector in advance.8.2.4. Possible risks to Mongolia’s long-term development and risk managementThe following possible risks will be taken into account while implementing the MDGs-based Comprehensive NationalDevelopment Strategy of Mongolia.Economic risks:• Sharp drop in prices of gold, copper and coal on world markets• Discriminatory trade restriction and tariff policy by neighboring countries• Major regional banking or financial crisis• Decline or halt in foreign investment• Sharp rise in oil prices• Sudden decline in the world economic growth, especially in the People’s Republic of China• Domestic financial crisis, steep budget deficitNatural and climatic changes, disasters:• Drought, dzud occurrence over several years• Excessive impact of desertification• Other disastersRisks to population health:• Major outbreak of contagious livestock disease of category ”A”• Major outbreak of highly contagious diseases such as bird flu and plague• Major outbreak of HIV/AIDSIndustrial and business risks:Large-scale, long-term energy black-outIndustrial or technical disasterBreakdown of road, transportation and communication networks34