Mongolia is entering a delicate phase in its fiscal policymaking. With coal revenues softening and public discontent simmering, a citizen-backed proposal to cut the lowest income tax rate from 10% to a flat 1% has pushed tax reform to the top of the political agenda.

Mongolia aims to direct mineral royalties into a National Wealth Fund to share resource wealth broadly—success depends on strong execution.

Mongolia plans to expand its strategic mining deposits, reshaping investment and policy. Will it boost revenue or deter investors?

Gas heating subsidy aims to cut Ulaanbaatar air pollution, but will it work? High costs, adoption hurdles, and sustainability concerns loom.

Mongolia faces a “perfect storm” of rising inflation, falling coal export earnings, and dwindling reserves—urgent action is needed.

Mongolia’s focus on addressing wealth concentration among elite families is promising. But its success hinges effective policies.