Mongolia Tax Cut Push Gains Momentum as Inflation Cools and Surplus Swells

As 2026 begins, Prime Minister Gombojavyn Zandanshatar holds a tidy political story. Full-year 2025 data shows a $4.39 billion trade surplus, up from $4.17 billion in 2024. December inflation eased to 7.5% from 9.2% in October.

For a leader with eyes on the 2027 presidential race, these figures are not just statistics. They are campaign tools. They help justify a 2.7 trillion MNT, or about $740 million, tax relief package due for debate when parliament returns in March 2026.

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