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PIECE 1:

A program of lending up to $25 millions to small and medium businesses in Mongolia


has been provided by the US Agency for International Development (USAID). By
promoting lower collateral requirements and longer term loans, the program expects to
minimize the burdens of the global financial crisis on the Mongolian economy, especially
the SMEs, and to maintain and generate jobs in the country.

PIECE 2:
President Barack Obama has pinpointed 2 specific goals to address the current global
financial crises: the systematic reform of regulations and sustained stimulus to respond to
massive market demand. The importance of supporting poorest countries in getting
access to credit is emphasized by both the leaders of the US and Brazil. In addition, the
finance minister of the G-20 and central bank governors convened and agreed on the need
to fortify the global resources and their structures.

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