The "Glass Account" law on financial transparency within the government will take effect on January 1st, 2015, and Minister of Mongolia and Head of the Cabinet Secretariat S.Bayartsogt gave a briefing on what the law will entail.

A website is now ready to be launched for glass account law operations. The website, shilendans.gov.mn, will be hosted at the Mongolia National Data Center.

The website will provide links to access budget, investment, tender, stock, and spending information about 6,088 offices, including the Office of the President, the State Great Khural, the Cabinet, state agencies, local budget funded organizations, and state owned companies.

The website is designed to allow the public and civil servants to directly access state financial information with ease.

The site is seen as the first version of an online governance web portal, which will include a wide range of information about state agency activities. S.Bayartsogt commented that the website will be improved further.

The Finance Minister will run the website according to the Glass Account law.