6/8/2022
Note: This picture depicts the main visualization and analytics view of the Government’s 10 trillion MNT Comprehensive Plan aimed at economic recovery and health protection
In 2021, the Government of Mongolia set out 10 trillion MNT Comprehensive Plan aimed at economic recovery and health protection to prevent and neutralize the socioeconomic threats of COVID-19 pandemic. The Comprehensive Plan covers the two key areas of health protection and economic recovery, the former has 23 goals whilst 33 goals are in the latter.
With the support from the Strengthening Fiscal and Financial Stability Project by the World Bank, the Macroeconomic Policy Department (the Ministry of Economy and Development) has created and developed a graphical user interface designed to monitor and present the key performance indicators of such comprehensive plan for the policy makers and the cabinet members in a timely manner. The interface is responsive to the mobile, the tablet, and the desktop computers, and has been operational ever since.
The graphical user interface displays on a series of screen status of key performance indicators in three particular metric fields of the health, the economy, and the overall performance from 24/7 services to semi-annual basis. For example, the interface analyses and presents the health-related indicators such as confirmed cases of Covid-19 in a given population, daily confirmed infects and recovered cases of such pandemic by the first-level administrative divisions of Mongolia in 24/7 service.
Last year (2021), the beneficiary would make very effective use of the graphical user interface to present the performance metrics of 10 trillion MNT Comprehensive Plan aimed at economic recovery and health protection to the cabinet on weekly basis, so the cabinet members were enabled for more timely policy decision making. From 2022, such activity has been switched into monthly basis.
Timely and accurate information are critically in need of to make appropriate policy decisions for us, the policy makers. Mr. Zolzaya, the local consultant of SFFS Project, created and developed a graphical user interface which would offer deep insights of 10 trillion MNT Comprehensive Plan aimed at economic recovery and health protection. With my pleasure, I would like to acknowledge that this graphical user interface has greatly enabled to easily gather essential performance information and reports the cabinet members who need to be kept up-to-date.
Enkh-Amgalan Lkhagvabayar, the Director General, the Macroeconomic Policy Department, the Ministry of Economy and Development of Mongolia
Note: This picture depicts the illustrated view of key
performance indicators of certain economic sectors
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WORLD BANK WORKING GROUP MET WITH PIU AND IMPLEMENTING ORGANIZATIONS REGARDING THE COMPLETION REPORT OF THE STRENGTHENING GOVERNANCE IN MONGOLIA PROJECT
4/3/2023
Concerning the Strengthening Governance in Mongolia project, which was completed on February 28, 2023, the World Bank working group to develop the project completion report had an official meeting with Project Implementation Unit (PIU) and implementing organizations on March 30, 2023. The purpose of the working group meeting is to review the implementation of the project, the results achieved, and the fulfillment of the project indicators. |
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PERFORMANCE BASED FINANCING: INSPIRING NEW APPROACHES TO PUBLIC FINANCIAL MANAGEMENT IN HEALTH AND EDUCATION
3/23/2023
Performance based financing (PBF) links funds or payments to service providers to results achieved and gives them considerable autonomy in the use of these funds. The strategic approach is appealing to many individuals and organizations as it motivates them to perform better and channels resources directly to the frontlines. This in turn fosters greater accountability. Using this approach has been popular in different sectors with some promising results emerging. |
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AN INTEGRATED SYSTEM FOR RESULTS-BASED MEDIUM-TERM BUDGET PLANNING: IN ACHIEVING THE GOALS OF IMPROVING BUDGET PLANNING, BUDGET EFFICIENCY AND PROGRAM OUTCOME.
3/7/2023
Under the scope of improving public financial management, Mongolia is aiming to introduce result-oriented medium-term budgeting, transitioning from the traditional input-based budgeting. This goal is aligned with development policy of Mongolia to shift from medium-term fiscal framework (MTFF) to medium-term expenditure framework (MTEF). |
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The MOF is entering the new phase of PFM Reform Action Plan
2/28/2023
Within the framework of the European Union financed, World Bank managed “Strengthening Governance in Mongolia” project, the Ministry of Finance, in compliance with the “Sustainable Development Vision 2030” and the “Action Program of the Government of Mongolia for 2016-2020”, has approved and implemented the Public Financial Management (PFM) Reform Strategy and the Action Plan for 2018-2022. The overarching objective of the strategy was to improve governance and achieve effective resource allocation and efficient public service delivery. The implementation status of the PFM Action Plan is indicated as “Certain results have been achieved” at the rate of 85 percent. |
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LAUNCHED BETA VERSION OF THE REDEVELOPED GLASS ACCOUNT PORTAL
1/20/2023
The Ministry of Finance Mongolia has developed and successfully launched the new version of the Glass Account Portal in 2023 within the framework of the Strengthening Governance in Mongolia Project jointly implemented by the EU and the World bank. |
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New systems and services are added in the Intermediate service platform for fiscal and financial systems
1/11/2023
The Ministry of Finance Mongolia has developed and successfully launched the Intermediate Service Platform (ISP) in 2022 within the framework of the Strengthening Governance in Mongolia Project. The main purpose of the system is to provide a possibility of information /web services/ exchange between the independent systems of the Ministry of Finance and other organizations in a easy and flexible way. In addition, it is solving the issues of overlapping connections and development between many information systems and organizations, transferring them to a unified standard, making it has no complexity, and more secure. |
