Mongolia Public Financial Management Performance Report

This public financial management performance report (PFM-PR) is the first assessment of Mongolia’s PFM system using the public expenditure and financial accountability (PEFA) framework. The report aims principally to establish an objective baseline...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/05/24527552/mongolia-public-financial-management-performance-report
http://hdl.handle.net/10986/22093
id okr-10986-22093
recordtype oai_dc
spelling okr-10986-220932021-04-23T14:04:06Z Mongolia Public Financial Management Performance Report World Bank MONGOLIAN ECONOMY POLICY-BASED BUDGETING PUBLIC FINANCIAL MANAGEMENT PUBLIC INVESTMENT WORLD BANK TECHNICAL ASSISTANCE This public financial management performance report (PFM-PR) is the first assessment of Mongolia’s PFM system using the public expenditure and financial accountability (PEFA) framework. The report aims principally to establish an objective baseline measure of current PFM performance, highlighting areas of absolute and relative strength and weakness, thereby enabling a stock-taking of over a decade of PFM reforms in Mongolia and guiding the government in its reform priorities. The assessment covers PFM at the budgetary central government level. The PEFA is an evidence-based methodology that measures the performance of a country’s PFM system at a particular point in time using a set of standardized indicators. The assessment is done on six dimensions of an open and orderly PFM system identified by the framework, which are: credibility of the budget; comprehensiveness and transparency; policy-based budgeting; predictability and control in budget execution; accounting, recording, and reporting; and external scrutiny and audit. This PEFA assessment will complement the considerable work that has already taken place on public expenditure management, which includes regular economic updates, public investment reviews, procurement reviews, analytic work conducted and supported by the World Bank funded technical assistance projects, as well as technical assistance mission reports of the International Monetary Fund (IMF). 2015-06-30T20:38:02Z 2015-06-30T20:38:02Z 2015-04 Report http://documents.worldbank.org/curated/en/2015/05/24527552/mongolia-public-financial-management-performance-report http://hdl.handle.net/10986/22093 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Country Financial Accountability Assessment East Asia and Pacific Mongolia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic MONGOLIAN ECONOMY
POLICY-BASED BUDGETING
PUBLIC FINANCIAL MANAGEMENT
PUBLIC INVESTMENT
WORLD BANK TECHNICAL ASSISTANCE
spellingShingle MONGOLIAN ECONOMY
POLICY-BASED BUDGETING
PUBLIC FINANCIAL MANAGEMENT
PUBLIC INVESTMENT
WORLD BANK TECHNICAL ASSISTANCE
World Bank
Mongolia Public Financial Management Performance Report
geographic_facet East Asia and Pacific
Mongolia
description This public financial management performance report (PFM-PR) is the first assessment of Mongolia’s PFM system using the public expenditure and financial accountability (PEFA) framework. The report aims principally to establish an objective baseline measure of current PFM performance, highlighting areas of absolute and relative strength and weakness, thereby enabling a stock-taking of over a decade of PFM reforms in Mongolia and guiding the government in its reform priorities. The assessment covers PFM at the budgetary central government level. The PEFA is an evidence-based methodology that measures the performance of a country’s PFM system at a particular point in time using a set of standardized indicators. The assessment is done on six dimensions of an open and orderly PFM system identified by the framework, which are: credibility of the budget; comprehensiveness and transparency; policy-based budgeting; predictability and control in budget execution; accounting, recording, and reporting; and external scrutiny and audit. This PEFA assessment will complement the considerable work that has already taken place on public expenditure management, which includes regular economic updates, public investment reviews, procurement reviews, analytic work conducted and supported by the World Bank funded technical assistance projects, as well as technical assistance mission reports of the International Monetary Fund (IMF).
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Mongolia Public Financial Management Performance Report
title_short Mongolia Public Financial Management Performance Report
title_full Mongolia Public Financial Management Performance Report
title_fullStr Mongolia Public Financial Management Performance Report
title_full_unstemmed Mongolia Public Financial Management Performance Report
title_sort mongolia public financial management performance report
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/05/24527552/mongolia-public-financial-management-performance-report
http://hdl.handle.net/10986/22093
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