The objective of the Project is to contribute to the Recipient’s efforts to strengthen fiscal and financial stability and improve the quality of expenditure management.
LATEST ANNOUNCEMENTS

National consultant to provide support to the MOF in improving health sector financing

Reference: 22/CS/012

Client: Ministry of Finance

Category: Consultancy Service

Advertised: 11/21/2022

National junior consultant to provide support to the MOF to enhance its capacity to perform evaluation of fiscal stance

Reference: 142/CS/001

Client: Ministry of Finance

Category: Consultancy Service

Advertised: 11/2/2022

National consultant to develop video content on the Treasury Portal system for the Learning Management System

Reference: 212/CS/013

Client: Ministry of Finance

Category: Consultancy Service

Advertised: 11/1/2022

National consultant to provide functional support on the expansion of Integrated Payroll System for civil servants

Reference: B22/CS/036

Client: Ministry of Finance

Category: Consultancy Service

Advertised: 11/1/2022

NEWS

DRAFT OF THE MID-TERM ROADMAP TOWARD IMPLEMENTATION OF ACCRUAL BASED IPSAS AND CHART OF ACCOUNTS FOR PUBLIC SECTOR ACCOUNTING BEING DEVELOPED

11/30/2022

As part of the Strengthening Fiscal and Financial Stability project, a consulting team has been developing draft of the mid-term roadmap toward implementation of accrual based International Public Sector Accounting Standards (IPSAS), economic classification and chart of accounts for public sector accounting and reporting. 

Working on a model for establishing a sustainable Central Provident Fund in Mongolia

11/22/2022

The Ministry of Labor and Social Protection and SCE signed a cooperation agreement. It officially launched the operation as part of the World Bank-funded SFFS project. 

DELEGATIONS OF THE FINANCIAL REGULATORY COMMISSION ATTENDED THE IAIS ANNUAL CONFERENCE

11/16/2022

Delegations of the Financial Regulatory Commission attended the International Association of Insurance Supervisors (IAIS) Annual Conference, held in Santiago, Chile.

The operation of MOF databases have been improved and an integrated database management system has been introduced

11/2/2022

The Financial Information Technology Division of The Ministry of Finance Mongolia is responsible for more than 10 fiscal and financial related important information systems of the government such as Government Financial Management Information System of the Treasury (GFMIS), the financial reporting system of budget organizations (E-Report), the financial reporting system of private organizations (E-Balance), Glass accounting system, Budget planning system, Debt management system, Integrated salary system of civil servants, and etc. Ensuring the security of these systems and the reliable operation of the database is a task that requires many factors such as time, human resources, and technological innovation, and it is not easy to solve it with state budget funds alone. Therefore, under the projects SFFS and SGM, we are working to improve and ensure the reliable operation of the databases of the Ministry of Finance's information systems, and to create an integrated database management system.