1 MONGOLIA'S CENTRAL BANK PURCHASES 16.3 TONS OF GOLD IN 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/03      2 MONGOLIA'S FOREX RESERVES REACH RECORD HIGH IN 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/03      3 MONGOLIA LEADS WORLD RANKINGS IN MEMORY, MIND SPORTS WWW.MONTSAME.MN PUBLISHED:2026/01/03      4 MONGOLIA EXTENDS VISA EXEMPTION POLICY FOR 34 COUNTRIES BY ONE YEAR WWW.VISASNEWS.COM PUBLISHED:2026/01/02      5 MONGOLIA AND CHINA HAVE ERECTED MORE THAN 4.700 KILOMETERS OF BORDER FENCES TO CONTAIN LIVESTOCK, CURB PASTURE DEGRADATION, AND TRANSFORM THE GRASSLAND INTO A PERMANENT ECOLOGICAL BORDER OF TERRITORIAL SOVEREIGNTY WWW.EN.CLICKPETROLEOEGAS.COM.BR  PUBLISHED:2026/01/02      6 CHINA TIGHTENS EXPORT CONTROLS ON SILVER, STEEL, ANTIMONY WWW.CHOSUN.COM PUBLISHED:2026/01/02      7 MAYOR REPORTS ON CONSTRUCTION PROJECTS TO BE IMPLEMENTED IN 2026 WWW.MONTSAME.MN PUBLISHED:2026/01/02      8 AI CAMERAS BEGIN DETECTING TRAFFIC VIOLATIONS, ISSUING FINES WWW.MONTSAME.MN PUBLISHED:2026/01/02      9 MONGOLIA RANKS AMONG WORLD’S TOP 20 FOR TOURISM RECOVERY WWW.MONTSAME.MN PUBLISHED:2026/01/02      10 STATE INSPECTION AND INVENTORY TO BE CONDUCTED WWW.MONTSAME.MN PUBLISHED:2026/01/02      МОНГОЛБАНК 16.3 ТОНН ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/03     МОНГОЛЫН АГААРЫН ТЭЭВРИЙН ШИНЭ ҮЕ: 2026 ОНД АЗИ, ЕВРОП, ХОЙД АМЕРИК РУУ ШИНЭ ЧИГЛЭЛҮҮД НЭЭНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/03     58.1 САЯ ТОЛГОЙ МАЛ ТООЛОГДЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/03     ШЕЗ-ИЙН ДАРГААР П.ЗОЛЗАЯАГ СОНГОЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/03     ТУУЛЫН ХУРДНЫ ЗАМЫН БҮТЭЭН БАЙГУУЛАЛТЫН БАРИЛГЫН АЖЛЫГ ГУРАВДУГААР САРД ЭХЛҮҮЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/03     ШАРХАД, БАЯНХОШУУНД ТУС БҮР 110 АЙЛЫН НОГООН ОРОН СУУЦЫГ АШИГЛАЛТАД ОРУУЛЛАА WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/02     МИЛЛЕР: “СИБИРИЙН ХҮЧ–2” ХИЙН ХООЛОЙН ТӨСЛИЙГ ХУГАЦААНААС НЬ ӨМНӨ АШИГЛАЛТАД ОРУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/02     ТӨСӨЛ: ЖИЛИЙН 400 САЯ ТӨГРӨГ ХҮРТЭЛХ БОРЛУУЛАЛТЫН ОРЛОГОТОЙ БОЛ НӨАТ-ЫГ ХЯЛБАРШУУЛСАН ГОРИМООР ТАЙЛАГНАДАГ БОЛНО WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/02     МОНГОЛ УЛС АЯЛАЛ ЖУУЛЧЛАЛЫН СЭРГЭЛТИЙН ҮЗҮҮЛЭЛТЭЭР ДЭЛХИЙН ШИЛДЭГ 20 УЛСЫН ТООНД БАГТЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/02     ОЙ ТОГТООЛТЫН СПОРТЫН ДЭЛХИЙН ЧАНСААГ МОНГОЛЫН ТАМИРЧИД ТЭРГҮҮЛЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/02    

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