Mongolian Parliament Passes the 2026 Budget Amid Promises of Restraint

Mongolia’s 2026 budget passed on time, ending weeks of political brinkmanship and silencing talk of parliament’s dissolution. Lawmakers approved the package with 75.3% support after a final round of debate.

The plan outlines modest tightening after years of expansion. Total revenue is ₮31.93 trillion (31.2% of GDP) and total expenditure ₮32.98 trillion (32.2% of GDP), producing a ₮1.05 trillion deficit, or roughly 1% of GDP.

Want to read more?

Subscribe to mongoliaweekly.org to keep reading this exclusive post.

Subscribe Now