Mongolian Prime Minister Luvsannamsrai Oyun-Erdene has ordered the country’s Finance Minister Bold Javkhlan to spend at least 420 billion Mongolian Tugriks (147 million U.S. dollars) annually to reduce traffic congestion in the capital.
The government’s press office said this on Wednesday, that the expected amount to be spent would be from 2022 to 2024.
The prime minister noted that for many years, traffic congestion had been one of the most pressing issues in Ulan Bator, which was home to around half of the country’s 3.3 million population.
“The average speed on roads in Ulan Bator is now 13 km/h, and the average driving speed during peak hours is 8.9 km/h, according to data released by the municipal government of the capital city.’’
It was estimated that residents of the city spent an average of 2.5 hours a day stuck in traffic.