US EditionFall of Mongolian coalition government could lead to severe economic downturn
- Mongolia's parliament will hold a confidence vote on Monday, May 31, 2025, to decide whether the coalition government formed last June should remain.
- The vote follows calls from Prime Minister Oyun-Erdene and could result in the government's collapse amid concerns about increasing political instability.
- New economic data from Mongolia's Economic Development Board warns that a government fall could cause a 22% drop in national income, a nearly 40% fall in foreign direct investment, and spiralling inflation.
- Dr. Batnasan B. Warned that if Mongolia's coalition government were to fall apart, the country could face severe economic challenges, including a significant recession, rapidly rising inflation, and increasing unemployment.
- These developments could jeopardize Mongolia's significant post-pandemic economic gains, including a $9 billion GDP increase and $2,400 rise in GDP per capita, mirroring economic declines seen in politically unstable countries like Estonia.
55 Articles
55 Articles
Longview News-Journal
CNHI NewsMongolia faces crucial parliamentary elections on Monday that could lead to the collapse of the coalition government. A new analysis by the Mongolian Economic Development Board indicates this could lead to a sharp drop in national income…
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Fall of Mongolian coalition government could lead to severe economic downturn
Mongolia faces a crunch parliamentary vote on Monday which could lead to fall of coalition governmentNew analysis from Mongolian Economic Development Board indicates this could lead to a sharp fall in national income and foreign direct investment (FDI), as well…
Fall of Mongolian coalition government could lead to severe economic downturn - PressReach
Mongolia faces a crunch parliamentary vote on Monday which could lead to fall of coalition government New analysis from Mongolian Economic Development Board indicates this could lead to a sharp fall in national income and foreign direct investment (FDI), as well as spiralling inflation Political instability will jeopardise economic progress achieved in the last few years ULAANBAATAR, Mongolia, May 31, 2025 /PRNewswire/ — As Mongolia’s parliament…
Fall of Mongolian coalition government could lead to severe economic downturn - Caribbean News Global
Mongolia faces a crunch parliamentary vote on Monday which could lead to fall of coalition government New analysis from Mongolian Economic Development Board indicates this could lead to a sharp fall in national income and foreign direct investment (FDI), as well as spiralling inflation Political instability will jeopardise economic progress achieved in the last few years ULAANBAATAR, Mongolia – As Mongolia’s parliament prepares to vote on Monday…
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