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Can Mongolia’s Budget Austerity Push Break the Cycle?

Summary by Mongolia Weekly

Mongolia's budget austerity measures aim to break the cycle of fiscal instability. Can the new Mongolia budget reforms succeed?

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Draft Laws on Amendments to the 2025 Mongolian Budget and the 2026-2027 Budget Projection Law Have Been Submitted.

The Deputy Speaker of the State Great Khural, Kh. Bulgantuya, the First Deputy Prime Minister of Mongolia and Minister of Economy and Development, N. Uchral, the Minister of Mongolia and Head of the Cabinet Secretariat, S. Byambatsogt, and the Minister of Finance, B. Javkhlan, submitted a draft law on amendments to the Law on the Budget Framework Statement of the Unified Budget of Mongolia for 2025 and the Budget Projection for 2026-2027 yesterd…

5 days ago

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