Mongolia: Report on Observance of Standards and Codes

Mongolia: Report on Observance of Standards and Codes—Fiscal Transparency Update

May 31, 2005

Preview Citation

Format: Chicago

Mongolia: Report on Observance of Standards and Codes—Fiscal Transparency Update, (USA: International Monetary Fund, 2005) accessed November 23, 2024

Summary

This paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency for Mongolia. Since the publication of the ROSC in late 2001, Mongolia has made significant progress in enhancing transparency practices in the fiscal area. Actions have been taken under each of the four areas underlying the fiscal transparency code. A new Public Sector Management and Finance Law (PSMFL) was adopted in June 2002 to set the legal basis for public administration reforms, output budgeting, and accrual accounting.

Subject: Budget planning and preparation, Public debt, Public financial management (PFM)

Keywords: Accounting, Budget authority, Budget entity, Budget manager, Budget planning and preparation, CR, ISCR, Payment arrears, Year-end budget estimate

Publication Details

Pages:

9
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/170
Stock No:

1MNGEA2005001
ISBN:

9781451826869
ISSN:

1934-7685

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