1 GDP PER WORKER REACHES MNT 6.2 MILLION WWW.MONTSAME.MN PUBLISHED:2025/11/24      2 THIS WEDNESDAY IS PUBLIC HOLIDAY WWW.GOGO.MN PUBLISHED:2025/11/24      3 SILK WAY STAR WINNER FROM MONGOLIA PLANS TO RELEASE A SONG IN KAZAKH WWW.QAZINFORM.COM  PUBLISHED:2025/11/24      4 WAR REFUGEE AONISHIKI BECOMES FIRST UKRAINIAN TO WIN SUMO TOURNAMENT WWW.JAPANTIMES.CO.JP  PUBLISHED:2025/11/24      5 MONGOLIA CELEBRATES NATIONAL PRIDE DAY HONORING CHINGGIS KHAAN WWW.MONTSAME.MN PUBLISHED:2025/11/23      6 MONGOLIA LAUNCHES NEW SOUTH–SOUTH COOPERATION PROJECT TO STRENGTHEN SUSTAINABLE SOIL MANAGEMENT WWW.FAO.ORG PUBLISHED:2025/11/23      7 MONGOLIA, SOUTH KOREA ADVANCE BILATERAL AGENDA WWW.MONTSAME.MN PUBLISHED:2025/11/23      8 CHINA’S MONGOLIAN COAL IMPORTS UP 20% IN OCT, RUSSIAN IMPORTS SLIP 18% WWW.BRECORDER.COM  PUBLISHED:2025/11/21      9 S.KOREA-MONGOLIA JOINT COMMITTEE MEETING REAFFIRMS MINERAL COOPERATION WWW.KOREAPOST.COM PUBLISHED:2025/11/21      10 TEAM MONGOLIA FROM PHYSICAL ASIA: WHERE ARE THEY NOW? WWW.MOVIEDELIC.COM PUBLISHED:2025/11/21      "ОЮУТОЛГОЙ"-Н СОНСГОЛД ОРОЛЦОГЧДЫГ ИРЭХ САРЫН 4-НИЙГ ХҮРТЭЛ БҮРТГЭНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/24     АН: 74,389 КОМПАНИ 6.2 ИХ НАЯД ТӨГРӨГИЙН ӨРТЭЙ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/11/24     ЦЕГ: ДАНСАА БУСДАД АШИГЛУУЛАХГҮЙ БАЙХЫГ ЗӨВЛӨЖ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2025/11/24     ӨНГӨРСӨН САРД 240 ИРГЭНИЙГ АЛБАДАН ГАРГАЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/11/24     ЛХАГВА ГАРИГТ БҮХ НИЙТЭЭР АМАРНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/11/23     БОЛОМЖИТ АЖИЛЛАХ ХҮЧ 2024 ОНЫХООС 6.1 МЯНГАН ХҮНЭЭР ӨСЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/11/23     НЭГ АЖИЛЛАГЧИД НОГДОХ ДНБ 6.2 САЯ ТӨГРӨГ БОЛЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/11/23     Н.УЧРАЛ: ХУУЛЬ ТОТООХ ДЭЭД БАЙГУУЛЛАГААС ХУЛГАЙН СЭЖИГТНҮҮД БИШ ХУУЛЬ ТӨРЖ БАЙХ ЁСТОЙ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/21     ТЭРБУМ МОД САНГИЙН ТӨСЛИЙН СОНГОН ШАЛГАРУУЛАЛТ ЗАРЛАГДЛАА WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20     ОЙЖУУЛАЛТАД ХАМГИЙН ИХ ХӨРӨНГӨ ОРУУЛАЛТ ХИЙЖ БАЙГАА ХУВИЙН ХЭВШЛИЙН САНГААР ТЭРБУМ МОД САНГ НЭРЛЭЛЭЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/11/20    

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