WORLD BANK ORGANIZED A VIDEO CONFERENCE

2020.10.20

The video conference, initiated by the World Bank, was held between the World Bank team and the management officials of beneficiaries, PIU staff, coordinating consultants, and the members of the working group at the World Bank Ulaanbaatar office on October 20, 2020. The purpose of the video conference was to discuss project implementation status and launch of the 2021 work plan preparation process.

Ms. Carolina Vaira, the World Bank Task Team leader, has presented the following information during the video conference:

·   Medium-term report findings - Main and intermediate result indicators;

·   Challenging reform areas that require special attention of the implementing agencies, challenging project implementation areas – procurement processes;

·   Brief guidance on the next step for the annual supervision mission (virtual);

·   Format and proposed schedule;

To productively facilitate the conference, each coordinating consultant and representative of the beneficiary agencies prepared and presented 3 PowerPoint slides summarizing 1) progress towards completing the planned activities for 2020; 2) key activities to focus for the 2021 WP; 3) risky areas/ activities that might not get launched in the remaining implementation timeframe of the project.

Task Team leader Ms. Carolina Vaira and component leaders of the World Bank team inquired and clarified about the work plan for 2020 and provided comments and recommendations on the work plan of 2021.

The coordinating consultants and members of the working group agreed to introduce the information and recommendations shared during the discussion to the relevant authorities and to submit the draft work plan for 2021 to the Project Implementation Unit within the agreed timeframe in November.

The video conference was a professional, informative activity that provided practical recommendations and guidance for the forthcoming activities.

 

PROJECT IMPLEMENTATION UNIT

МЭДЭЭ, МЭДЭЭЛЭЛ
WORLD BANK WORKING GROUP MET WITH PIU AND IMPLEMENTING ORGANIZATIONS REGARDING THE COMPLETION REPORT OF THE STRENGTHENING GOVERNANCE IN MONGOLIA PROJECT

2023.04.03

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.

PERFORMANCE BASED FINANCING: INSPIRING NEW APPROACHES TO PUBLIC FINANCIAL MANAGEMENT IN HEALTH AND EDUCATION

2023.03.23

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. 

AN INTEGRATED SYSTEM FOR RESULTS-BASED MEDIUM-TERM BUDGET PLANNING: IN ACHIEVING THE GOALS OF IMPROVING BUDGET PLANNING, BUDGET EFFICIENCY AND PROGRAM OUTCOME.

2023.03.07

    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).

The MOF is entering the new phase of PFM Reform Action Plan

2023.02.28

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.

LAUNCHED BETA VERSION OF THE REDEVELOPED GLASS ACCOUNT PORTAL

2023.01.20

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.

New systems and services are added in the Intermediate service platform for fiscal and financial systems

2023.01.11

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.

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