1 PRESIDENT ISSUES DECREE ON DEVELOPING TRADITIONAL MONGOLIAN MEDICINE WWW.MONTSAME.MN PUBLISHED:2026/01/17      2 IN 2025, MONGOLIA EXPORTED 83.9 MILLION TONS OF COAL WWW.OPEN.KG PUBLISHED:2026/01/17      3 AYAN HOTELS AND RESORTS ANNOUNCES THE OPENING OF AYAN ZALAAT HOTEL & SPA IN ULAANBAATAR, MONGOLIA WWW. PUBLISHED:2026/01/17      4 PM: ONLY AN ORDERLY STATE CAN DELIVER ECONOMIC GROWTH TO CITIZENS WWW.MONTSAME.MN PUBLISHED:2026/01/16      5 JAPAN GRANT TO SUPPORT POWER GRID RELIABILITY WWW.MONTSAME.MN PUBLISHED:2026/01/16      6 MONGOLIA TO DEEPEN COOPERATION WITH CHINA IN THE FIELD OF RESPONSIBLE MINERAL EXTRACTION WWW.OPEN.KG PUBLISHED:2026/01/16      7 SPRING AIRLINES PLANS DIRECT SHANGHAI–ULAANBAATAR FLIGHTS WWW.MONTSAME.MN PUBLISHED:2026/01/16      8 DRIVING FINANCIAL INCLUSION IN MONGOLIA: INVESTMENT IN INVESCORE WWW.TRIODOS-IM.COM PUBLISHED:2026/01/15      9 ‘ERDENES TAVANTOLGOI’ JSC SETS ALL-TIME DAILY RECORD FOR COAL EXPORTS WWW.MONTSAME.MN PUBLISHED:2026/01/15      10 SOUTH KOREA JOINS CHINA, JAPAN, GERMANY, RUSSIA AND KAZAKHSTAN IN ACCELERATING MONGOLIA TOURISM BOOM WITH RECORD-BREAKING VISITOR SPEND, STRONG WINTER DEMAND AND RISING FOUR-SEASON TRAVEL APPEAL WWW.TRAVELANDTOURWORLD.COM PUBLISHED:2026/01/15      “ЧИНГИС ХААН” НИСЭХ БУУДЛЫГ ТҮШИГЛЭН ОЛОН УЛСЫН ТРАНЗИТ ЗОЧИД БУУДАЛ БАЙГУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/17     АТГ: Н.ТАВИНБЭХ ЗӨВЛӨХИЙНХӨӨ КОМПАНИД 7 ТЭРБУМ ТӨГРӨГИЙН САНХҮҮЖИЛТ ОЛГОСОН WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/17     С.НАРАНЦОГТЫН ЭХНИЙ НҮҮДЭЛ: ИРГЭДИЙН ЗЭЭЛИЙН ХЭМЖЭЭГ 5 ХУВИАР БУУРУУЛАХ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/17     АЛБАН БОЛОН ХУВИЙН ХЭРГЭЭР АМЬДРАХ ГАДААД ИРГЭДИЙН ТОО ӨСЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/17     ХЯТАДЫН ҮНДЭСНИЙ ГАЗРЫН ТОСНЫ КОРПОРАЦИТАЙ ШАТАХУУНЫ НИЙЛҮҮЛЭЛТИЙГ НЭМЭГДҮҮЛЭХ УРТ ХУГАЦААНЫ ГЭРЭЭ БАЙГУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/16     "СЭЛБЭ 20 МИНУТЫН ХОТ" БҮСЭД СОНГОН ШАЛГАРУУЛАЛТ ЗАРЛАЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/16     2025 ОНД МОНГОЛ УЛС НИЙТ 90.2 САЯ ТОНН НҮҮРС ЭКСПОРТОЛЖ РЕКОРД ЭВДСЭН Ч ҮНЭ УНАСААР БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/16     МОНГОЛ УЛС ХЯТАД УЛСТАЙ ХАРИУЦЛАГАТАЙ НОГООН УУЛ УУРХАЙГ ХӨГЖҮҮЛЭХ ХАМТЫН АЖИЛЛАГААГАА ГҮНЗГИЙРҮҮЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/15     “ВИЗ МЭДҮҮЛЭГЧИД ВИЗИЙН МЭДҮҮЛГЭЭ БӨГЛӨН, ТОВЛОСОН ЦАГТАА ЯРИЛЦЛАГАДАА ОРНО” WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/15     БНХАУ-ТАЙ ХАМТРАН ХИЛ ОРЧМЫН БҮСЭД ГЕОЛОГИЙН СУДАЛГАА ХИЙХЭЭР БОЛЛОО WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/15    

Experts warn of pre-election year impact on improving economy www.zgm.mn

Public investment expenses almost tripled compared to the previous years to MNT 1.2 trillion. As a reminder, the economic growth slowed down during the three previous parliamentary elections and the MNT rate declined sharply. Thereby, analysts are being cautious towards the election that could potentially change the economic and business environment and the fiscal discipline that is currently improving.

Since 2012, the volume of the economy has expanded and the budget revenue outreached the trillion mark. As a result of mega projects in the mining industry, such as Oyu Tolgoi, Mongolia's economy has developed its basic structure. Also, public expenditures, revenues, and investments have improved from the 1990s. The amount of capital that is being allocated from the budget to rural administrations is reaching billions of MNT. As a result, companies' investment in the public sector such as schools, kindergartens, hospitals, and road bidding are becoming more competitive.

However, some of the taxpayers' money is being wasted in the name of financial investment. In particular, the construction costs have exceeded budget allocation over the years. Many of the buildings, roads, and bridges that have not been completed after the election still remain as carcasses. Construction costs have been increased 2-5 times.

According to a survey conducted by the Open Society Forum, the Government budgeted MNT 2.5 trillion to finance 887 projects, activities, and constructions in 2019.

In general, major maintenances burden the budget. A total of MNT 84.9 billion has been planned for 75 major maintenance works this year. The maintenance budget is mainly expected to contribute to the transport sector.

Mongolia is expected to purchase 42 new equipment worth MNT 102.4 billion this year. If the MNT rate falls, this figure will rise. Analysts believe that budget management is deriving and that it is time to estimate the socio-economic efficiency of the budget.



Published Date:2019-04-19