NEWS
ORGANIZED A TRAINING TO DISSEMINATE KNOWLEDGE OF THE INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS FOR THE ACCOUNTING PROFESSIONALS OF BUDGET ENTITIES

3/3/2021

"Increasing budget comprehensiveness and transparency through better control, reporting, and expansion of the Government Financial Management Information System capabilities" is one of the main objectives of the Strengthening Fiscal and Financial Stability project, jointly implemented by the Ministry of Finance of Mongolia and the World Bank.

APPROVED AND INITIATED THE IMPLEMENTATION OF SPECIALIZED CARE REFORM PROGRAM FOR THE ELDERLY

2/24/2021

Under the Strengthening Fiscal and Financial Stability Project, a joint project of the Ministry of Finance of Mongolia and the World Bank, concrete steps are being taken to improve the quality and accessibility of care services, which are an integral part of social welfare reform.

GOVERNMENT FOREIGN LOAN AND AID MANAGEMENT INFORMATION SYSTEM

2/17/2021

In the framework of the “Strengthening Fiscal and Financial Stability” project, jointly implemented by the Ministry of Finance of Mongolia and the World Bank, the “Government foreign loans and aid management information system” /www.odamis.mof.gov.mn/ was developed, and had been launched on 1st of December, 2020. 

E-GOVERNMENT PROCUREMENT SYSTEM HAS BEEN IMPROVED THROUGH A MOBILE VERSION

2/9/2021

Within the SFFS project framework, which has been implemented by MoF and the World Bank, mobile access to the e-procurement system (www.tender.gov.mn) is enabled which. This development greatly contributed in realizing project objectives of increasing effectiveness of government financial management, use of information technology, budget transparency, and public participation. 

DIGITAL TRANSFORMATION OF TREASURY OPERATIONS THROUGH THE IMPLEMENTATION OF GFMIS WEB SERVICES

2/3/2021

“Increasing budget comprehensiveness and transparency through better control, reporting, and expansion of the Government Financial Management Information System (GFMIS) capabilities” is one of the main objectives of the Strengthening Fiscal and Financial Stability project framework jointly implemented by the Ministry of Finance and World Bank. In pursuit of the aim, the MOF has concluded a GFMIS extension contract to supply, enhance, and implement web services with GFMIS provider Free Balance, a Canadian software company.

REGULATION ON ASSESSING, PRIORITIZING AND SELECTING THE PROJECTS AND ACTIVITIES TO BE FINANCED BY THE STATE BUDGET INVESTMENT AND ITS IMPLEMENTATION

1/27/2021

Within the framework of the “Strengthening Fiscal and Financial Stability” project jointly implemented by the World Bank and Ministry of Finance of Mongolia, the MoF’s Public Investment Department meeting its objective of improving the efficiency of public investment has developed and arranged approval, pursuant to clauses 11.1.2 and 28.11 of the Budget Law, of the methodology and regulation governing the procedures of estimating economic efficiency and social significance of public investment projects, identifying their needs and priorities and estimating a total cost of implementing such public investment projects. 

STRENGTHENING THE HUMAN RESOURCE CAPACITY OF THE MINISTRY OF FINANCE

1/18/2021

With an objective to strengthen the human resource capacity of the Ministry of Finance of Mongolia, The Strengthening Fiscal and Financial Stability project cooperated in:

INFORMATION SYSTEM REFORM OF THE MINISTRY OF FINANCE

1/14/2021

Within the framework of the Strengthening Fiscal and Financial Stability Project, the following activities were carried out to develop an integrated information system for the Ministry of Finance, to reform the network structure, and introduce security and advanced technologies. Including:


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