Debt Management Performance Assessment : Mongolia
A World Bank mission visited Ulaanbaatar April 3-11, 2008. The team consisted of Lars Jessen and Eriko Togo, World Bank Treasury. The objective was to undertake a comprehensive assessment of debt management operations using the Debt Management Perf...
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| Format: | Economic & Sector Work |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2008/06/10687912/mongolia-debt-management-performance-assessment-dempa http://hdl.handle.net/10986/16236 |
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okr-10986-16236 |
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| recordtype |
oai_dc |
| 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 |
ACCOUNTING ACCOUNTING PRINCIPLE ARREARS AUCTIONS AUDIT OFFICE BALANCE SHEET BANK ACCOUNT BANK ACCOUNTS BANKING SECTOR BILATERAL DONORS BORROWER BORROWING PLAN BUDGET SURPLUSES CALCULATION CAPACITY BUILDING CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH MANAGEMENT CENTRAL BANK CENTRAL DEPOSITORY CENTRAL GOVERNMENT DEBT CHAPTER 7 CHECKS CLEARING HOUSE CODE OF CONDUCT COMMERCIAL BANKS CONTRACTUAL OBLIGATIONS CREDIT RISK CREDIT RISK ASSESSMENT CREDITOR CREDITS CURRENCY CURRENCY COMPOSITION DEBT DATA DEBT DATA RECORDING DEBT INFORMATION DEBT ISSUANCES DEBT MANAGEMENT DEBT MANAGEMENT ACTIVITIES DEBT MANAGEMENT FUNCTION DEBT MANAGEMENT FUNCTIONS DEBT MANAGEMENT OPERATIONS DEBT MANAGEMENT STRATEGY DEBT MANAGEMENT SYSTEM DEBT PAYMENTS DEBT RECORDING DEBT RECORDING SYSTEM DEBT REPORTING DEBT SERVICE DEBT STATISTICS DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSES DEBT SUSTAINABILITY ANALYSIS DEBT TRANSACTIONS DEFICITS DERIVATIVES DIRECT FINANCING DISASTER RECOVERY DISBURSEMENT DISBURSEMENT OF FUNDS DISBURSEMENTS DOMESTIC BORROWING DOMESTIC DEBT DOMESTIC DEBT ISSUANCES DOMESTIC DEBT MARKET DOMESTIC FINANCING DOMESTIC MARKET ECONOMIC POLICY END-BORROWERS EXCESS LIQUIDITY EXCHANGE COMMISSION EXCHANGE RATE EXCHANGE RATES EXISTING LAW EXISTING LAWS EXPENDITURES EXTERNAL BORROWING FINANCIAL MANAGEMENT FINANCIAL STATEMENT FINANCIAL STATEMENTS FISCAL POLICY FORECLOSURE FOREIGN CURRENCIES FOREIGN EXCHANGE FOREIGN LOAN FOREIGN LOANS FOREIGN MARKETS FUTURE CASH FLOWS FUTURE DEBT GOVERNMENT BANK GOVERNMENT BORROWINGS GOVERNMENT DEBT GOVERNMENT SECURITIES GUARANTIES HUMAN RESOURCE IMMEDIATE PAYMENT INCOME STATEMENT INFLATION INFORMATION SHARING INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INTEREST PAYMENT INTEREST RATE INTEREST RATES INTERNAL AUDIT INTERNAL AUDITS INVESTMENT PLANS INVESTMENT PROJECTS ISSUANCE LEGAL FRAMEWORK LEGAL REQUIREMENT LENDER LENDERS LENDING AGREEMENT LENDING PORTFOLIO LOAN LOAN AGREEMENT LOAN DOCUMENTATION LOAN FUNDS LOAN GUARANTEES LOAN NEGOTIATION LOAN NEGOTIATIONS LOCAL GOVERNMENTS LOW INCOME MACROECONOMIC POLICIES MAKING PAYMENTS MARKET PARTICIPANTS MASS MEDIA MATURITY MONETARY POLICY NEGOTIATION NEGOTIATIONS NET ASSETS NON-PERFORMING LOANS OUTSTANDING AMOUNT OUTSTANDING DEBT OVERDRAFT OVERDRAFT FACILITY OVERDRAFTS PAYMENT SYSTEM PORTFOLIO PRINCIPAL PAYMENT PRINCIPAL PAYMENTS PRINCIPAL REPAYMENT PRIVATE BANK PRIVATE BANKS PROCEDURES FOR DEBT PROCUREMENT PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC SECTOR DEBT PUBLIC SECTOR MANAGEMENT REGISTRY SYSTEM REMEDY REPAYMENT RESOURCE MANAGEMENT RESPONSIBILITIES RETURN REVOLVING FUND RISK MANAGEMENT SALE SALE OF ASSETS SALES SECONDARY MARKET SECONDARY MARKET DEVELOPMENT SECURITIES LAW SECURITY TRANSACTION SETTLEMENTS SHORT MATURITIES SOURCE OF FUNDS SOVEREIGN BONDS STOCK EXCHANGE T-BILLS T-BONDS TAX TOTAL DEBT TREASURY TREASURY BILLS TREASURY SECURITIES TURNOVER USE OF DERIVATIVES WEB SITE WITHDRAWAL YIELD CURVE |
| spellingShingle |
ACCOUNTING ACCOUNTING PRINCIPLE ARREARS AUCTIONS AUDIT OFFICE BALANCE SHEET BANK ACCOUNT BANK ACCOUNTS BANKING SECTOR BILATERAL DONORS BORROWER BORROWING PLAN BUDGET SURPLUSES CALCULATION CAPACITY BUILDING CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH MANAGEMENT CENTRAL BANK CENTRAL DEPOSITORY CENTRAL GOVERNMENT DEBT CHAPTER 7 CHECKS CLEARING HOUSE CODE OF CONDUCT COMMERCIAL BANKS CONTRACTUAL OBLIGATIONS CREDIT RISK CREDIT RISK ASSESSMENT CREDITOR CREDITS CURRENCY CURRENCY COMPOSITION DEBT DATA DEBT DATA RECORDING DEBT INFORMATION DEBT ISSUANCES DEBT MANAGEMENT DEBT MANAGEMENT ACTIVITIES DEBT MANAGEMENT FUNCTION DEBT MANAGEMENT FUNCTIONS DEBT MANAGEMENT OPERATIONS DEBT MANAGEMENT STRATEGY DEBT MANAGEMENT SYSTEM DEBT PAYMENTS DEBT RECORDING DEBT RECORDING SYSTEM DEBT REPORTING DEBT SERVICE DEBT STATISTICS DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSES DEBT SUSTAINABILITY ANALYSIS DEBT TRANSACTIONS DEFICITS DERIVATIVES DIRECT FINANCING DISASTER RECOVERY DISBURSEMENT DISBURSEMENT OF FUNDS DISBURSEMENTS DOMESTIC BORROWING DOMESTIC DEBT DOMESTIC DEBT ISSUANCES DOMESTIC DEBT MARKET DOMESTIC FINANCING DOMESTIC MARKET ECONOMIC POLICY END-BORROWERS EXCESS LIQUIDITY EXCHANGE COMMISSION EXCHANGE RATE EXCHANGE RATES EXISTING LAW EXISTING LAWS EXPENDITURES EXTERNAL BORROWING FINANCIAL MANAGEMENT FINANCIAL STATEMENT FINANCIAL STATEMENTS FISCAL POLICY FORECLOSURE FOREIGN CURRENCIES FOREIGN EXCHANGE FOREIGN LOAN FOREIGN LOANS FOREIGN MARKETS FUTURE CASH FLOWS FUTURE DEBT GOVERNMENT BANK GOVERNMENT BORROWINGS GOVERNMENT DEBT GOVERNMENT SECURITIES GUARANTIES HUMAN RESOURCE IMMEDIATE PAYMENT INCOME STATEMENT INFLATION INFORMATION SHARING INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INTEREST PAYMENT INTEREST RATE INTEREST RATES INTERNAL AUDIT INTERNAL AUDITS INVESTMENT PLANS INVESTMENT PROJECTS ISSUANCE LEGAL FRAMEWORK LEGAL REQUIREMENT LENDER LENDERS LENDING AGREEMENT LENDING PORTFOLIO LOAN LOAN AGREEMENT LOAN DOCUMENTATION LOAN FUNDS LOAN GUARANTEES LOAN NEGOTIATION LOAN NEGOTIATIONS LOCAL GOVERNMENTS LOW INCOME MACROECONOMIC POLICIES MAKING PAYMENTS MARKET PARTICIPANTS MASS MEDIA MATURITY MONETARY POLICY NEGOTIATION NEGOTIATIONS NET ASSETS NON-PERFORMING LOANS OUTSTANDING AMOUNT OUTSTANDING DEBT OVERDRAFT OVERDRAFT FACILITY OVERDRAFTS PAYMENT SYSTEM PORTFOLIO PRINCIPAL PAYMENT PRINCIPAL PAYMENTS PRINCIPAL REPAYMENT PRIVATE BANK PRIVATE BANKS PROCEDURES FOR DEBT PROCUREMENT PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC SECTOR DEBT PUBLIC SECTOR MANAGEMENT REGISTRY SYSTEM REMEDY REPAYMENT RESOURCE MANAGEMENT RESPONSIBILITIES RETURN REVOLVING FUND RISK MANAGEMENT SALE SALE OF ASSETS SALES SECONDARY MARKET SECONDARY MARKET DEVELOPMENT SECURITIES LAW SECURITY TRANSACTION SETTLEMENTS SHORT MATURITIES SOURCE OF FUNDS SOVEREIGN BONDS STOCK EXCHANGE T-BILLS T-BONDS TAX TOTAL DEBT TREASURY TREASURY BILLS TREASURY SECURITIES TURNOVER USE OF DERIVATIVES WEB SITE WITHDRAWAL YIELD CURVE World Bank Debt Management Performance Assessment : Mongolia |
| geographic_facet |
East Asia and Pacific Mongolia |
| description |
A World Bank mission visited Ulaanbaatar
April 3-11, 2008. The team consisted of Lars Jessen and
Eriko Togo, World Bank Treasury. The objective was to
undertake a comprehensive assessment of debt management
operations using the Debt Management Performance Assessment
tool (DeMPA) that was developed with a focus on Low Income
Countries (LICs). A main reason for applying the tool in
Mongolia was the opportunity to take stock of the progress
in the debt management area achieved under the debt
management sub-component of the World Bank Governance
Assistance Program (GAP). The mission met with government
officials from various departments in the Ministry of
Finance, including the Debt Management Division, Bank of
Mongolia, Mongolia National Audit Office, the State Audit
and Inspection Committee, and a private bank. Mongolia
scores relatively high on indicators related to governance
and strategy development, coordination with macroeconomic
policies, strategy implementation, and recording and
reporting. Weaknesses reside in the areas of cash flow
forecasting and cash management, and operational risk
management. The latter include debt administration and data
security, and segregation of duties, staff capacity, and
business continuity. |
| format |
Economic & Sector Work |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Debt Management Performance Assessment : Mongolia |
| title_short |
Debt Management Performance Assessment : Mongolia |
| title_full |
Debt Management Performance Assessment : Mongolia |
| title_fullStr |
Debt Management Performance Assessment : Mongolia |
| title_full_unstemmed |
Debt Management Performance Assessment : Mongolia |
| title_sort |
debt management performance assessment : mongolia |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2008/06/10687912/mongolia-debt-management-performance-assessment-dempa http://hdl.handle.net/10986/16236 |
| _version_ |
1764432591672311808 |
| spelling |
okr-10986-162362021-04-23T14:03:28Z Debt Management Performance Assessment : Mongolia World Bank ACCOUNTING ACCOUNTING PRINCIPLE ARREARS AUCTIONS AUDIT OFFICE BALANCE SHEET BANK ACCOUNT BANK ACCOUNTS BANKING SECTOR BILATERAL DONORS BORROWER BORROWING PLAN BUDGET SURPLUSES CALCULATION CAPACITY BUILDING CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH MANAGEMENT CENTRAL BANK CENTRAL DEPOSITORY CENTRAL GOVERNMENT DEBT CHAPTER 7 CHECKS CLEARING HOUSE CODE OF CONDUCT COMMERCIAL BANKS CONTRACTUAL OBLIGATIONS CREDIT RISK CREDIT RISK ASSESSMENT CREDITOR CREDITS CURRENCY CURRENCY COMPOSITION DEBT DATA DEBT DATA RECORDING DEBT INFORMATION DEBT ISSUANCES DEBT MANAGEMENT DEBT MANAGEMENT ACTIVITIES DEBT MANAGEMENT FUNCTION DEBT MANAGEMENT FUNCTIONS DEBT MANAGEMENT OPERATIONS DEBT MANAGEMENT STRATEGY DEBT MANAGEMENT SYSTEM DEBT PAYMENTS DEBT RECORDING DEBT RECORDING SYSTEM DEBT REPORTING DEBT SERVICE DEBT STATISTICS DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSES DEBT SUSTAINABILITY ANALYSIS DEBT TRANSACTIONS DEFICITS DERIVATIVES DIRECT FINANCING DISASTER RECOVERY DISBURSEMENT DISBURSEMENT OF FUNDS DISBURSEMENTS DOMESTIC BORROWING DOMESTIC DEBT DOMESTIC DEBT ISSUANCES DOMESTIC DEBT MARKET DOMESTIC FINANCING DOMESTIC MARKET ECONOMIC POLICY END-BORROWERS EXCESS LIQUIDITY EXCHANGE COMMISSION EXCHANGE RATE EXCHANGE RATES EXISTING LAW EXISTING LAWS EXPENDITURES EXTERNAL BORROWING FINANCIAL MANAGEMENT FINANCIAL STATEMENT FINANCIAL STATEMENTS FISCAL POLICY FORECLOSURE FOREIGN CURRENCIES FOREIGN EXCHANGE FOREIGN LOAN FOREIGN LOANS FOREIGN MARKETS FUTURE CASH FLOWS FUTURE DEBT GOVERNMENT BANK GOVERNMENT BORROWINGS GOVERNMENT DEBT GOVERNMENT SECURITIES GUARANTIES HUMAN RESOURCE IMMEDIATE PAYMENT INCOME STATEMENT INFLATION INFORMATION SHARING INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INTEREST PAYMENT INTEREST RATE INTEREST RATES INTERNAL AUDIT INTERNAL AUDITS INVESTMENT PLANS INVESTMENT PROJECTS ISSUANCE LEGAL FRAMEWORK LEGAL REQUIREMENT LENDER LENDERS LENDING AGREEMENT LENDING PORTFOLIO LOAN LOAN AGREEMENT LOAN DOCUMENTATION LOAN FUNDS LOAN GUARANTEES LOAN NEGOTIATION LOAN NEGOTIATIONS LOCAL GOVERNMENTS LOW INCOME MACROECONOMIC POLICIES MAKING PAYMENTS MARKET PARTICIPANTS MASS MEDIA MATURITY MONETARY POLICY NEGOTIATION NEGOTIATIONS NET ASSETS NON-PERFORMING LOANS OUTSTANDING AMOUNT OUTSTANDING DEBT OVERDRAFT OVERDRAFT FACILITY OVERDRAFTS PAYMENT SYSTEM PORTFOLIO PRINCIPAL PAYMENT PRINCIPAL PAYMENTS PRINCIPAL REPAYMENT PRIVATE BANK PRIVATE BANKS PROCEDURES FOR DEBT PROCUREMENT PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC SECTOR DEBT PUBLIC SECTOR MANAGEMENT REGISTRY SYSTEM REMEDY REPAYMENT RESOURCE MANAGEMENT RESPONSIBILITIES RETURN REVOLVING FUND RISK MANAGEMENT SALE SALE OF ASSETS SALES SECONDARY MARKET SECONDARY MARKET DEVELOPMENT SECURITIES LAW SECURITY TRANSACTION SETTLEMENTS SHORT MATURITIES SOURCE OF FUNDS SOVEREIGN BONDS STOCK EXCHANGE T-BILLS T-BONDS TAX TOTAL DEBT TREASURY TREASURY BILLS TREASURY SECURITIES TURNOVER USE OF DERIVATIVES WEB SITE WITHDRAWAL YIELD CURVE A World Bank mission visited Ulaanbaatar April 3-11, 2008. The team consisted of Lars Jessen and Eriko Togo, World Bank Treasury. The objective was to undertake a comprehensive assessment of debt management operations using the Debt Management Performance Assessment tool (DeMPA) that was developed with a focus on Low Income Countries (LICs). A main reason for applying the tool in Mongolia was the opportunity to take stock of the progress in the debt management area achieved under the debt management sub-component of the World Bank Governance Assistance Program (GAP). The mission met with government officials from various departments in the Ministry of Finance, including the Debt Management Division, Bank of Mongolia, Mongolia National Audit Office, the State Audit and Inspection Committee, and a private bank. Mongolia scores relatively high on indicators related to governance and strategy development, coordination with macroeconomic policies, strategy implementation, and recording and reporting. Weaknesses reside in the areas of cash flow forecasting and cash management, and operational risk management. The latter include debt administration and data security, and segregation of duties, staff capacity, and business continuity. 2013-11-06T22:22:46Z 2013-11-06T22:22:46Z 2008-06 http://documents.worldbank.org/curated/en/2008/06/10687912/mongolia-debt-management-performance-assessment-dempa http://hdl.handle.net/10986/16236 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 :: Debt Management Performance Assessment East Asia and Pacific Mongolia |