Mongolia: Report on the Observance of Standards and Codes-Fiscal Transparency

International Monetary Fund

No 2001/218, IMF Staff Country Reports from International Monetary Fund

Abstract: This report provides an assessment of fiscal transparency practices in Mongolia against the requirements of the IMF Code of Good Practices on Fiscal Transparency. This paper analyzes the government's participation in the financial and nonfinancial sectors of the economy. Executive Directors appreciated the achievements, and stressed the need for improvements in the areas of fiscal transparency. They emphasized the need for addressing weaknesses of fiscal data, maintaining a legal framework for fiscal control, and strengthening the audit mechanism.

Keywords: ISCR; CR; government; budget; accounting system; Mongolia; soum government; government activity; government decree; program of privatization; budget law; government power; government of Mongolia; government deficit; government's program; role vis-à-vis government; Budget planning and preparation; Fiscal accounting and reporting; Auditing; Contingent liabilities; Fiscal law (search for similar items in EconPapers)
Pages: 18
Date: 2001-12-10
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