Saturday, December 27, 2025

Public Procurement Boost in Mongolia

Date:

Mongolia accelerates public procurement to enhance government project efficiency and compliance. Deputy Prime Minister Dorjkhand Togmid outlined the plan at a Cabinet meeting. The announcement follows the Prime Minister’s July 25, 2025 directive on urgent measures for improving public procurement across state agencies.

During the September 10 meeting, Togmid presented steps to organize procurement promptly while ensuring adherence to legal and regulatory frameworks. The plan covers the 2026 draft State Budget Law, submitted to Parliament, which allocates funding for 579 projects and programs. Out of these, 149 projects are new for 2026, while 430 projects continue from previous years. Funding spans 26 general budget governors.

According to the government’s approved framework, governors can initiate public procurement immediately by submitting required documents to the State Procurement Agency. These documents include design drawings, cost estimates, feasibility studies, technical specifications, and project scopes. Officials emphasized that expediting procurement will accelerate project implementation and enhance transparency in budget execution.

Experts say improving public procurement is critical for reducing delays and ensuring efficient use of state funds. Togmid noted that streamlining the process helps avoid bureaucratic hurdles while maintaining accountability. Government sources indicated that new procedures will include closer monitoring and reporting of procurement progress. The initiative also reflects broader efforts to modernize Mongolia’s public financial management system.

Analysts believe faster procurement could boost infrastructure development, public services, and overall economic growth. The government plans regular reviews to assess procurement performance and identify areas for improvement. Additionally, coordination between the State Procurement Agency and general budget governors will be strengthened to prevent delays. Officials expect the reforms to increase competitiveness and transparency among contractors bidding for state-funded projects.

Looking ahead, public procurement reforms aim to support efficient execution of government programs and foster long-term institutional improvements. By accelerating procurement while ensuring compliance, Mongolia signals its commitment to effective governance and prudent financial management. Overall, the public procurement initiative represents a significant step toward modernized state operations and enhanced service delivery for citizens.

Share post:

Popular

More like this
Related

Taiwan Legislature Votes to Begin Impeachment Proceedings Against President Lai

Taiwan’s legislature on Tuesday voted to begin impeachment proceedings...

Henan Report Says Student Ignited Dormitory Fire That Killed 13 at Yingcai School

Central China’s Henan Province on Wednesday released an official...

Tourism Cooperation Grows as North Korea and Russia Develop Joint Programs

Tourism cooperation between North Korea and Russia is expanding...

Martial Law Trial Prosecutors Seek 10-Year Prison Term for Former President Yoon

South Korea’s martial law trial reached a decisive moment...