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Mongolia Tax Cut Push Gains Momentum as Inflation Cools and Surplus Swells
Mongolia tax cuts gain momentum as inflation cools—but weak investment, SOEs, and politics raise risks beneath the surplus.
Amar Adiya


Inside Mongolia’s 2025 Turning Point: The 10 Political and Economic Developments to Know
Oyun-Erdene’s fall, Zandanshatar’s rise, factional strife, Oyu Tolgoi, fiscal shocks and the forces reshaping Mongolia in 2025.
Amar Adiya


Budget Shortfall Tests Mongolia's Political Stability Ahead of 2026
Mongolia’s political stability is under strain as fiscal gaps, tax arrears and fuel shortages turn 2025 growth into risk.
Amar Adiya


The Oyu Tolgoi Test. How Far Will Mongolia Push Its Flagship Mine?
Oyu Tolgoi is no longer just a mine. It has become a political instrument, as debt, delayed dividends and election timing collide just as the project enters full production.
Amar Adiya


Deputy PM Uchral Elected Chairman of MPP After PM and ex-Speaker Step Back
Uchral elected chairman of the MPP after a managed succession that exposes deep party fractures and reshapes Mongolia’s political landscape.
Amar Adiya


Mongolia’s Ruling Party Faces Showdown at MPP Congress
Infighting, corruption charges, and factional splits turn MPP's Congress into a decisive test of Mongolia's ruling party unity.
Amar Adiya


Mongolia’s Governance Reset Takes Shape Under PM Zandanshatar’s “Order and Discipline” Campaign
Mongolia’s PM Zandanshatar launches “order and discipline” campaign.
Politics


What the Oyun-Erdene Interview Reveals About Mongolia's Presidentialization
Oyun-Erdene’s interview exposes a shift in Mongolia’s power balance. Is the presidency eclipsing parliamentary democracy?


Mongolian People's Party Consolidates Power Ahead of Spring Session
Mongolia’s ruling party completes consolidation after its 2025 split, sidelining ex-PM Oyun-Erdene allies and restoring internal discipline.


Mongolian Prime Minister Zandanshatar Faces a Spring Test With 2027 in Sight
As parliament reconvenes, Mongolia’s PM faces an opposition challenge and a deeper test inside his own ruling party ahead of 2027.


Mongolia’s Pro-Market Reform Comes with a Political Purge
Mongolia’s MPP pairs pro-business reform with a strategic purge, reshaping power ahead of the 2027 election.


Mongolia’s Corruption Index Falls to Decade Low, Testing Government’s Reform Narrative
Mongolia’s 2025 CPI score falls to a decade low, raising fresh doubts about its anti-corruption drive and rule of law.


Epstein Files Hit Mongolian Democrats Before 2027 Vote
The Epstein files rattle Mongolia’s Democrats, exposing elite access, factional risk and 2027 election stakes.
Economy and Mining


The Price of a New Oyu Tolgoi Deal: What Rio Tinto Must Do Next
Talks resume between Rio Tinto and Mongolia over Oyu Tolgoi as Ulaanbaatar pushes for a 60% economic return and a new dividend path.


Why Mongolia’s Mining Pitch Struggles in Toronto
Mongolia pushes mineral processing ambitions at PDAC, but policy risks and weak exploration incentives deter the capital needed to realize them.


Why Mongolia’s Record Mining Wealth is Leaving Households Behind
Mongolia reports 6.8% growth and $7B reserves, but 9% inflation persists. Discover why record mining wealth isn't reaching households.


Mongolian Prime Minister Zandanshatar Faces a Spring Test With 2027 in Sight
As parliament reconvenes, Mongolia’s PM faces an opposition challenge and a deeper test inside his own ruling party ahead of 2027.


How Mongolia’s Search for Energy Security Reinforces a Russian Lock In
Mongolia touts energy independence, but a new fuel deal with Russia locks in long-term dependence, trading diversification for short-term stability.


Mongolia Missed the Gold Boom. Now It Is Racing to Catch Up
Record gold prices should lift Mongolia. Instead, exports fall as regulation, smuggling, and licensing delays drain billions in potential revenue.
Global Affairs


Mongolia Courts Washington on Critical Minerals but Power Shortages and State Control Can Cloud the Outlook
Mongolia courts Washington on critical minerals, but power shortages and state ownership risks shadow the pitch.


Mongolia's Davos Bet on Trump's Board of Peace
At Davos in January, Prime Minister Gombojavyn Zandanshatar signed Mongolia onto Donald Trump’s “Board of Peace,” securing founding member status in a body pitched as an alternative to the United Nations. U.S. President Donald Trump and Mongolian Prime Minister Gombojavyn Zandanshatar at the Davos Forum (source: graph.mn ) The government sells this as continuity with Mongolia’s multi-pillar peaceful foreign policy. In practice, it marks a sharper turn toward transactional


Mongolia Bets on an EAEU Trade Deal. Will It Broaden the Economy or Deepen Old Risks?
Mongolia trade faces a real test as the EAEU deal weighs diversification gains against import risks, weak demand, and geopolitical exposure.


Mongolia Upgrades Italy Ties in Strategic Push to Tap Europe’s Markets
Mongolia's recent presidential visit to Rome, elevating ties with Italy to a " strategic partnership ," marks a significant recalibration of Ulaanbaatar's European diplomacy. Mongolian President Ukhnaagiin Khurelsukh and Italian President Sergio Mattarella ( www.president.mn ) Italy becomes the second European Union member after Germany to achieve this top-tier status with Mongolia, providing Ulaanbaatar another political anchor as its traditional balancing act between Russia


Why Mongolia Needs Practical Gains From Russia
Mongolia seeks stability in Moscow as fuel dependence, sanctions bottlenecks and stalled pipeline talks narrow its energy options.


Border Drills Reshape Mongolia's Defense
Mongolia recently joined Russia and China in 'Border Defense 2025,' its first-ever tripartite military exercise along the Manzhouli frontier.

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