1 TUUL WATER COMPLEX PROJECT TO ENABLE STORAGE OF 50 MLN CUBIC METERS OF WATER WWW.MONTSAME.MN PUBLISHED:2026/01/22      2 SECURITIES WORTH 8.8 TRILLION MNT TRADED OVER 35 YEARS WWW.UBPOST.MN PUBLISHED:2026/01/22      3 DOES A CITY OF 1.6 MILLION REALLY NEED ANOTHER SPORTS COMPLEX? WWW.UBPOST.MN PUBLISHED:2026/01/22      4 DAMAGE TO TPP-4’S EIGHTH BOILER REPAIRED WWW.GOGO.MN PUBLISHED:2026/01/22      5 BUSINESS & HERITAGE PROGRAM IN PAKISTAN MARCH 30- APRIL 05. 2026 WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2026/01/22      6 GENERAL GOVERNMENT REVENUE AND GRANTS INCREASE BY MNT 1.2 TRILLION WWW.MONTSAME.MN PUBLISHED:2026/01/22      7 MONGOLIA'S INDUSTRIAL OUTPUT INCREASES 4.8 PCT IN 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/22      8 CHP-4 BOILER DAMAGE TRIGGERS TEMPORARY POWER RESTRICTIONS WWW.MONTSAME.MN PUBLISHED:2026/01/22      9 TUGRUG DEPOSITS RISE BY MNT 4 TRILLION WWW.MONTSAME.MN PUBLISHED:2026/01/22      10 ‘BILLIONS OF TREES’: MONGOLIA’S NATIONAL MOVEMENT HITS 127.9 MLN TREES WWW.QAZINFORM.COM PUBLISHED:2026/01/22      МОНГОЛ УЛСЫГ ГИШҮҮНЭЭР УРЬСАН ТРАМПЫН ЭНХ ТАЙВНЫ ЗӨВЛӨЛД АЛЬ УЛС НЭГДЭХЭЭ МЭДЭГДСЭН БЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/22     ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР БРИТАНИЙН ЕРӨНХИЙ САЙД АСАН ТОНИ БЛЭЙР НАР УУЛЗАВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/22     МОНГОЛД ЗОХИОГДОХ СОР 17 ХУРАЛД 10 МЯНГАН ГАДААДЫН ЗОЧИН ИРНЭ ГЭЖ ТООЦООЛЖ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/22     2025 ОНЫ 12-Р САРД МӨНГӨНИЙ НИЙЛҮҮЛЭЛТ 47.1 ИХ НАЯД ТӨГРӨГТ ХҮРЧ, ӨМНӨХ ОНООС 8.7 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/22     БИЗНЕС & ӨВ СОЁЛЫН ХӨТӨЛБӨР 2026 ОНЫ 03 САРЫН 30- НААС 4 САРЫН 05 ПАКИСТАН УЛС WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2026/01/22     ОЮУ ТОЛГОЙН ОЛБОРЛОЛТ ТЭЛЖ, "РИО ТИНТО"-ГИЙН ЗЭСИЙН ҮЙЛДВЭРЛЭЛ ӨСЛӨӨ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/22     БӨӨРӨЛЖҮҮТ ЦАХИЛГААН СТАНЦ 256 МВТ ЭРЧИМ ХҮЧ ҮЙЛДВЭРЛЭЖ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/22     ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ШВЕЙЦАРЫН ХОЛБООНЫ УЛСЫН ЕРӨНХИЙЛӨГЧТЭЙ ДАВОС ХОТНОО УУЛЗАВ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/22     ТӨСӨЛ: ГУРВААС ДЭЭШ ХҮҮХЭДТЭЙ ӨРХӨД ОРОН СУУЦ, ТАТВАРЫН ДЭМЖЛЭГ ҮЗҮҮЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/22     МОНГОЛЫН 47 ИРГЭН ХАР ТАМХИНЫ ХЭРГЭЭР ХАРЬД ЯЛ ЭДЭЛЖ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/22    

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Events

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

NEWS

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Local leaders agree on decentralization and reform priorities for 2026 www.ubpost.mn

A joint meeting of government members, provincial chairpersons, governors, and representatives of the Capital City was held at the State Palace to present the government’s 2026 policies and ensure a unified understanding between central and local authorities. Prime Minister G.Zandanshatar delivered a detailed report titled “One Mongolia – One Direction: Order and Reform Movement,” outlining the government’s achievements, current challenges, and reform agenda.
The PM noted that when the government was formed six months ago, Mongolia faced urgent challenges including weakened state capacity, declining public trust, slowed economic growth, falling foreign exchange reserves, rising inflation, and a potential budget shortfall. To address these issues, an emergency regime was imposed at Erdenes Tavan Tolgoi JSC, resulting in a 1.6-fold increase in coal production and sales and a rise in foreign exchange reserves by about 2 billion USD within months. He emphasized that the economy has revived and now requires proper direction to sustain growth.
The government has set eight major reform directions for 2026–2030, including human development, economic restructuring, social values, environmental and green development, governance and digitalization, national competitiveness, regional development, and science and AI. It has also launched a “300-Day Action Plan” aimed at ensuring economic growth benefits citizens directly, including managing the National Wealth Fund and ensuring fair wealth distribution. The prime minister stressed that the state must be disciplined and efficient, and announced plans to abolish over 1,000 unlawful regulations that cause bureaucracy and delays.
Addressing local authorities, the PM urged them to work closely with citizens and take an active role in implementing reforms. He called for decentralization of authority, allowing local governments to manage budget savings, and transferring decision-making powers from Ulaanbaatar where possible. He also said the government would address unresolved issues such as land allocation for soum residents and herders’ camps and the restructuring of development funds to improve access to concessional loans for small businesses.
Following the premier’s speech, Speaker of the Parliament N.Uchral and Secretary General L.Ulziisaikhan discussed key legal reforms and budget priorities. The speaker highlighted that the 2026 budget focuses on human development, health, and education, while reducing state intervention and supporting private enterprise. He also emphasized reforms under the “Let’s Free” initiative, which aims to reduce bureaucracy and simplify regulations, and noted upcoming draft laws on economic freedom, insolvency, commerce, and state-owned enterprise reform.
The speaker called for increased regional investment through public-private partnerships, supported expanded renewable energy development, and reiterated efforts to protect citizens from price increases and improve energy independence. He also announced that 2026 is declared the Year of Child Protection, with plans to revise family and victim protection laws.
Overall, local leaders supported the reform agenda, particularly renewable energy and decentralization, and called for regional discussion of procurement and tax system reforms. They emphasized the need to reduce state intervention in the economy and strengthen local autonomy, according to the Parliamentary Press and Public Relations Department.

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Prime Minister of Mongolia to Attend World Economic Forum Annual Meeting www.montsame.mn

 The 56th World Economic Forum Annual Meeting is being held in Davos, Switzerland, from January 19 to 23 under the theme “A Spirit of Dialogue.”
Prime Minister of Mongolia Zandanshatar Gombojav will deliver remarks and share views at several sessions during the meeting, including the High-Level Meeting on Global Tourism, Accelerating Global Cooperation for the Environment, and The Use of Artificial Intelligence in Circular Value Chains. He will also take part in some discussions among global economic leaders.
On the sidelines of the forum, the prime minister will hold working meetings with political, social, and economic leaders from around the world, as well as heads of international organizations, to present the policies, activities, and projects of the Government of Mongolia.
The World Economic Forum has been held annually since 1971. This year’s 56th meeting brings together heads of state and government from more than 70 countries and over 2,700 participants in total.

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Money Supply Rises by 8.7 Percent www.montsame.mn

According to the National Statistics Office, Mongolia’s money supply (M2) reached MNT 47.1 trillion at the end of December 2025, up by MNT 3.8 trillion, or 8.7 percent, year on year. The growth was mainly driven by a MNT 4.0 trillion (18.3 percent) increase in deposits in domestic currency.
Preliminary results show that money supply (M1) stood at MNT 11.2 trillion, down 3.9 percent from the previous year but up 1.0 percent from the previous month. Of the M1 total, 91.1 percent was held in current accounts, while 8.9 percent was currency outside depository institutions.
Quasi-money reached MNT 35.8 trillion at the end of December, marking a 13.4 percent increase from a year earlier and a 3.3 percent rise from the previous month. Time deposits in domestic currency accounted for the largest share, 72.7 percent, of the quasi-money.  
Meanwhile, currency in circulation totaled MNT 1.2 trillion, increasing by 1.8 percent year on year and 3.0 percent from the previous month.

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Mongolian PM G.Zandanshatar responds to citizens in live on-air Q&A www.news.mn

“Ask the Prime Minister,” a live discussion and interview, was broadcast on MNB Television on January 17, 2026. For the live discussion, questions were collected from citizens starting January 13. A total of 9677 questions and suggestions were gathered.
Of the total questions, 35.5% were health-related, 22.2% concerned the business and tax environment, 24.6% focused on wages, pensions and price increases, 8.2% addressed housing and the living environment, 6.4% related to education, 3.5% to children and people with disabilities, and 1.6% to mining.
When asked why deputy ministers were appointed, Prime Minister G.Zandanshatar replied that no country in the world operates without them. He added that integrating over 200 managers and 1,000 public servants, along with appointing 16 deputy ministers, will improve efficiency and oversight.
He also noted that increasing pensions by 50 percent would require 2 trillion MNT, while raising the minimum pension to 1.5 million MNT would require 4.5 trillion MNT.
Citizens asked the Prime Minister about who is responsible for the coal theft in Tavantolgoi and what policies should be adopted to address it. The Prime Minister emphasized that combating the theft of wealth is the government’s top priority. He said that since the government was established, coal exports have increased 16.6 times and efficiency has doubled, thanks to the special regime imposed on Erdenes Tavantolgoi JSC.

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In Ulaanbaatar, citizens of Mongolia and South Korea arrested for organizing online gambling www.open.kg

The Cybercrime Department of the Main Police Department reported the dismantling of an illegal online gambling network and the arrest of nine individuals on January 8, 2026: three citizens of South Korea and six citizens of Mongolia. This was reported by MiddleAsianNews.
The police stated that this network used internet platforms to organize illegal gambling and generated huge profits from it.
In coordination with the prosecutor's office, investigative authorities conducted searches in the homes of the suspects, during which various items were seized, including mobile phones, powerful computers, bank cards, bank books, Vasco devices intended for international transactions, as well as cash in both foreign and national currencies.
Based on the collected evidence and witness testimonies, the suspects are under investigation for organizing gambling and related offenses, such as tax evasion and money laundering, according to the relevant articles of the Criminal Code of Mongolia. The Cybercrime Department intends to file charges after the investigation is completed.
The police warned the public that the use of payment systems, electronic currencies, virtual assets, phone numbers, or other electronic identifiers for organizing or assisting in gambling is a crime under Articles 20.17, 20.18, and 20.19 of the Criminal Code, and may result in imprisonment for a term of one to three years.

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Long-Term Agreement to Be Concluded to Increase Fuel Supplies www.montsame.mn

Mongolia has agreed to conclude a long-term agreement with the China National Petroleum Corporation (CNPC) to increase fuel supplies.
The issue of expanding fuel supplies, ensuring stable supply, and broadening bilateral energy cooperation was discussed during a meeting between Minister of Industry and Mineral Resources Damdinyam Gongor and representatives of the state-owned CNPC, according to the Ministry of Industry and Mineral Resources. The sides also agreed to actively cooperate in the implementation of the project to construct a natural gas pipeline transporting gas from the Russian Federation to the People’s Republic of China via the territory of Mongolia.
During the meeting, Minister Damdinyam emphasized that Mongolia is pursuing a policy aimed at ensuring a stable supply to meet its domestic fuel demand.
Representatives of the China National Petroleum Corporation presented their plans and opportunities to stabilize and increase fuel supplies to the Mongolian market and expressed their readiness to strengthen cooperation in the coming years.
Currently, Mongolia imports approximately 95 percent of its fuel consumption from the Russian Federation and the remaining 5 percent from the People’s Republic of China.

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Conclusion Reached to Construct Multi-Level Interchanges at Five Locations www.montsame.mn

Plans are underway to implement the “Multi-Level Interchange” project as part of efforts to develop an efficient road and transport network in the Capital city.
Specifically, the Capital City Governor’s Office reported that a general feasibility conclusion has been reached to implement the project in the first phase at five locations. These include the Monos intersection, the MITS area, the Officers’ Palace roundabout, the pedestrian overpass along Naadamchdyn Road, and the bridge structure on the eastern embankment near the Nart residential complex.
By separating traffic flows through grade separation and creating multi-level interchanges, the project is expected to significantly reduce vehicle conflict points, shorten waiting times caused by traffic signals, and markedly increase road capacity. For instance, in the area surrounding the “Nart” residential complex in Bayanzurkh district, the flood protection embankment currently disrupts road connectivity, forcing drivers to detour via Narny Road and Peace Avenue. This situation increases the load on main roads and also limits rapid response readiness during emergencies.
Therefore, constructing a bridge structure over the embankment would restore road connectivity, shorten travel distance and time for residents, and help alleviate congestion on the city’s major thoroughfares. In other words, implementation of the “Multi-Level Interchange” project is expected to increase the average traffic speed by 7.1 percent.

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Average new house prices in Mongolia's capital up 10.8 pct in December 2025 www.xinhuanet.com

Average price per square meter of newly constructed apartments in Mongolia's capital amounted to 5.03 mln Mongolian Tugriks (1,412 USD) at end of December, up 10.8 pct year on year

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Factory blast in China's Inner Mongolia kills 2, missing rises to 8, 84 injured www.xinhuanet.com

An explosion at a factory in north China's Inner Mongolia Autonomous Region has killed two people, left eight missing and injured 84, local authorities said Monday.
The explosion occurred at 3:03 p.m. on Sunday at a plate plant of Baogang United Steel in western Baotou City. It was caused by the blast of a 650-cubic-meter saturated water and steam spherical tank, Lin Li, executive vice mayor of Baotou, told a press briefing on Monday.
A total of 84 injured people are being treated in hospitals, with five in serious condition and the remaining 79 sustaining minor injuries, such as facial wounds and soft tissue contusions, according to Lin.
All the injured are in stable condition, and medical treatment is underway by leading medical experts of the autonomous region.
A rescue operation is in full swing, with an emergency rescue headquarters established after the accident to coordinate emergency, fire control, public security, health and market supervision departments.
The government has suspended production of the accident-hit plant and initiated city-wide safety overhaul of industrial and trade enterprises.
Investigations into the blast's environmental impact are ongoing. Monitoring by environmental protection departments has so far detected no adverse effects on the surrounding air or soil quality, and no wastewater has been generated from the incident. Utility services and residential heating in the area remain unaffected.
An investigation team established by the autonomous region is examining the cause of the accident and relevant liabilities. Legal actions have been taken against individuals responsible for the enterprise involved.

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President Issues Decree on Developing Traditional Mongolian Medicine www.montsame.mn

The signing ceremony of the Presidential Decree of Mongolia on Developing Traditional Mongolian Medicine was held today at the State Palace. On the occasion, President Khurelsukh Ukhnaa delivered a speech. We present the speech in full.
“Esteemed citizens,
Distinguished doctors and scholars,
Honorable guests,
I extend to you my warm greetings on this auspicious day in the heart of winter.
Traditional Mongolian medicine is an inseparable part of our history, cultural heritage, customs, and spiritual identity. It is not merely a system for diagnosing and treating illnesses or a way of maintaining a healthy lifestyle, but a precious legacy rooted in the Mongolian worldview, way of life, and spiritual traditions.
Traditional Mongolian medicine has a history spanning more than 5,000 years. In 1681, Luvsandanzanjantsan – the Lama Gegeen of the Golden Lineage of Chinggis Khaan and a renowned physician – established the first formal school for training medical practitioners and maaramba (doctors), and authored instructional and clinical manuals that were put into use. Over the past 300 years, generations of physicians have preserved, developed, and disseminated the theory and knowledge of traditional medicine. Today, doctors and specialists in this field continue to make tangible contributions to safeguarding the health of our people.
In 2025, the rare and valuable manuscript ‘A Complete Record of the Body by Imperial Order’, long used as a textbook and reference work in traditional medicine, was inscribed on the UNESCO Memory of the World Register, marking an important step in promoting Traditional Mongolian Medicine internationally.
I am also pleased to note that hundreds of Mongolian traditional medicine doctors and specialists are providing high-quality diagnostic and treatment services in many countries, particularly in the Republic of Poland, thereby sharing the achievements of traditional medicine with the world.
On behalf of the Mongolian people, I extend my deepest gratitude to the scholars, physicians, and medical professionals who are dedicated to preserving, protecting, and promoting the knowledge of Traditional Mongolian Medicine and to safeguarding public health.
Esteemed citizens,
Doctors and scholars,
Honoring the legacy, achievements, and wisdom of Great Chinggis Khaan, and preserving, developing, and passing on the history, culture, heritage, and traditions of our ancestors to future generations, is a sacred duty of those who safeguard the hearth of the Great Mongol Empire.
To this end, as President, I have issued decrees to honor the portrait of Great Chinggis Khaan, restore the ancient capital city of Kharakhorum, revere and promote the morin khuur, a symbol of national pride, and compile a new 30-volume comprehensive history of Mongolia. These decrees are currently being implemented. We have also established the Great Khaan’s Museum and ceremonially enshrined the Golden Statue of Chinggis Khaan, the Great White Banner, and the State Khasbuu Seal. These decrees are currently being implemented.
To glorify the Mongolian horse, Mongolia’s national pride, the Head of State proposed the establishment of World Horse Day, which was approved by the United Nations General Assembly. As a result, countries around the world now celebrate World Horse Day annually on the day of Mongolia’s National Naadam Festival.
This year marks the 345th anniversary of the establishment of the first formal school of traditional Mongolian medicine and the development of the traditional medicine service system in Mongolia. In commemoration of this historic milestone, I have today issued the Decree on Developing Traditional Mongolian Medicine.
Through this decree, the Government of Mongolia is tasked with improving the legal framework of the sector, supporting development based on advanced technologies and artificial intelligence, implementing an integrated human resources policy, and ensuring the quality and safety of traditional medicine production.
Preparing a skilled and capable next generation is of vital importance. Attention must be given to reviving and developing the traditional mentor–apprentice system grounded in talent, ethics, and compassion. I emphasize that the dedication, cooperation, unified organization, and coherent policies of scholars, physicians, and professionals in the field are essential to advancing Traditional Mongolian Medicine.
As Head of State, I will consistently support efforts to study, deepen, develop, and disseminate the theory, knowledge, and cultural heritage of Traditional Mongolian Medicine.
I sincerely hope that Traditional Mongolian Medicine will continue to flourish through the ages and spread throughout the world.
May Mongolia prosper eternally under the power of the Eternal Blue Sky.”

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