Mongolia : Improving Public Investments to Meet the Challenge of Scaling Up Infrastructure
The objective of this report is to analyze in depth the current public investment management system and to assess whether or not it is able to meet this challenge of delivering good quality projects in the priority areas in a macro-economically sus...
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| Format: | Other Infrastructure Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17282494/mongolia-improving-public-investments-meet-challenge-scaling-up-infrastructure http://hdl.handle.net/10986/13256 |
| Summary: | The objective of this report is to
analyze in depth the current public investment management
system and to assess whether or not it is able to meet this
challenge of delivering good quality projects in the
priority areas in a macro-economically sustainable manner;
and to recommend what needs to be done to improve the system
so that it is able to effectively transform natural resource
revenues into sustainable capital assets. In making its
recommendations, this report focuses on some of the details
that need to be laid out in implementing regulations in
order to make the Fiscal Stability Law (FSL), Budget Law of
Mongolia (IBL), and Public Procurement Law of Mongolia
(PPLM) work. The report also suggests amendments to some of
the existing laws that pose a risk to meeting the four
objectives. In proposing policy options, the report is
conscious of the political economy of reform and, wherever
possible, analyzes the compatibility of the technical
solutions with the political interests of policy-makers. |
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