|Project Name||Public Finance Resource Management|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Governance and capacity development
|Sector / Subsector||
Public sector management - Public expenditure and fiscal management
|Gender Equity and Mainstreaming|
|Project Rationale and Linkage to Country/Regional Strategy|
|Impact||Sustained economic development|
|Description of Outcome||Improved public finance resource management|
|Progress Toward Outcome||Implementation of activities almost completed.|
|Description of Project Outputs||
1. Public Debt Management Component
Contingent liability management framework
DSA tool for Mongolia
Medium term debt management strategy
Capacity development for debt management division
2. Cash Management System Component
Review and development of legal and regulatory framework for the government cash management system
Government cash flow forecasting model
Training modules and capacity development for cash flow forecasting model
Medium term government cash management strategy
3. MSWF Component
Policy recommendations and a road map to support the establishment of MSWF management institution.
Capacity development for Sovereign Wealth Fund Division in formulating and adopting the legal and institutional framework for MSWF
Support for developing public relations and information strategy to increase public awareness on MSWF
|Status of Implementation Progress (Outputs, Activities, and Issues)||
All international consultants have been mobilized. Inception reports for Cash Management Component, MSWF Component, and Public Debt Management Component have been submitted and approved.
All planned study tour, external and internal training activities have been successfully conducted.
Draft final reports and policy notes have been submitted to EA and ADB and are currently under review process. The final workshop is planned to take place during September 2016.
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
|Consulting Services||The individual consultants three international (10 person-months in total, Public Sector Debt Management Specialist, Public Sector Financial Management Specialist, and Sovereign Wealth Fund Management Specialist) and three national consultants (20 person-months in total, Public Sector Debt Management Expert, Public Finance Information Technology (IT) Expert, and Sovereign Wealth Fund Expert) will be individually selected and engaged by the Asian Development Bank (ADB) in accordance with the Guidelines on the Use of Consultants (2013, as amended from time to time).|
|Procurement||Purchase of equipment will be done in accordance with ADB's Procurement Guidelines (2013 as amended from time to time).|
|Responsible ADB Officer||Lee, Seung Min|
|Responsible ADB Department||East Asia Department|
|Responsible ADB Division||Public Mgt, Financial Sector and Regional Coop Division, EARD|
Ministry of Finance
Negdsen Undestnii gudamj-5/1
|Concept Clearance||12 Nov 2013|
|Fact Finding||23 Oct 2013 to 24 Oct 2013|
|Approval||13 Dec 2013|
|Last Review Mission||-|
|Last PDS Update||21 Sep 2016|
|Approval||Signing Date||Effectivity Date||Closing|
|13 Dec 2013||27 Jan 2014||27 Jan 2014||30 Jun 2016||30 Sep 2016||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|500,000.00||0.00||50,000.00||0.00||0.00||0.00||550,000.00||13 Dec 2013||416,218.51|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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Evaluation Documents See also: Independent Evaluation
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