Mainstreaming Managing for Development Results in Investment Planning and Public Funds Management

Closed

The purpose of the proposed TA will be results-based and harmonized investment planning under the National Development Strategy (NDS), and sound public/social funds management and capital market development in Mongolia. This will be achieved by strengthened institutional and enhanced human capacity of the Ministry of Finance (MOF) and concerned line ministries for application of Managing for Development Results (MfDR), mainstreamed result-based processes and approaches in the preparation and management of investment projects, alignment of public/social funds management with best international practice on assets and liabilities management, and their enhanced role in development of capital markets.The TA will have the following five interrelated components: (i) Development of an MfDR-based public investment planning and monitoring system for MOF; (ii) Assistance to selected line ministries with the use of MfDR approaches; (iii) Provision of related services and analytical support; (iv) Enhancement of institutional and human capacity of MOF and selected line ministries to use MfDR approaches in investment planning and monitoring; and (v) Use of MfDR approaches in managing social security funds and other public funds.