NEWS
Draft of Commission’s Digital Transition Program being developed

9/21/2022

As part of the Strengthening Fiscal and Financial Stability project, a consulting team has been working to evaluate implementation of Mongolia's Vision 2050 (as approved by parliamentary decree), Decree on some measures to provide public services in digital, and Regulation on e-government services and information exchange procedures using the State Khur system. These are required to develop a Digital Transition Program; to expand e-services and accelerate e-transition.

In the social insurance, social welfare, and labor sectors, a Web-based customer satisfaction system was developed and successfully domesticated

9/12/2022

Within the framework of the "Strengthening Fiscal and Financial Stability Project" implemented in cooperation with the World Bank, the Ministry of Labour and Social Protection of Mongolia successfully organized the project introducing and installing the web-based internal monitoring and customer satisfaction survey system for all aimag and districts Social insurance, Social welfare, and Labor departments. 

THE PIU ORGANIZED A TRAINING ON DEVELOPING PROJECT COMPLETION REPORT

9/8/2022

Project Implementing Unit (PIU) of the Strengthening Fiscal and Financial Stability Project and the Strengthening Governance in Mongolia Project organized training on developing project completion reports for coordinating consultants and working group members from the implementing agencies on 7 September 2022.

Introduced a new monitoring platform in the data center of the Ministry of Finance

9/6/2022

As part of the project Strengthening Fiscal and Financial Stability, a new Data Center monitoring platform has been introduced to support and improve IT infrastructure and digital operations of the Ministry of Finance.

IMPLEMENTATION OF THE LAW ON THE OFFICIAL TAX ON THE NUMBER OF LIVESTOCK

8/29/2022

The Great Khural of Mongolia approved the Livestock Tax Law at the joint session on November 13, 2020.

TREASURY PAYMENTS ARE NOW VERIFIED AND AUTHORIZED ELECTRONICALLY

8/22/2022

As part of the SFFS project jointly implemented by the Ministry of Finance of Mongolia and the World Bank, the Treasury Department of the Ministry of Finance has implemented the Electronic Transaction Verification Directory (ETVD) www.finance.gov.mn, a secure system for enabling electronic verification and monitoring of electronic transfers. Implementing the ETVD system has digitized the payment settlement process, improved control and monitoring by verifying payments using a one-time password that ensures security and confidentiality, and enabled financial staff to make payments without an in-person visit to the treasury. The system is developed by the Information Technology Center of Customs, Taxation and Finance, a state-owned enterprise under the Ministry of Finance, and implemented by the Ministry of Finance project team.

A PILOT TEST IF THE TRESURY PORTAL SYSTEM WAS ORGANIZED SUCCESFULLY

8/22/2022

Within the framework of the "Strengthening Governance in Mongolia project" jointly implemented by the Ministry of Finance of Mongolia and the European Union, the Treasury Department is working to deve

DRAFT LAW ON REAL ESTATE BROKERAGE ACTIVITIES BEING DEVELOPED

8/18/2022

In accordance with international anti-money laundering standards - 40 recommendations of the Financial Action Task Force (FATF) Mongolia was required to monitor and regulate real estate brokerage activities, assess the risk of money laundering, financing of terrorism, and the proliferation of weapons of mass destruction, and establish a regulatory system. 


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