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Mongolia Weighs Tax Cuts

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 tax

For a government already under pressure to deliver on social services and investment promises, the challenge is clear: how to respond to calls for relief without eroding the country’s fiscal footing.

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