1 PM G.ZANDANSHATAR PROPOSES BOOSTING COAL EXPORTS TO CHINA TO 100 MILLION TONS WWW.GOGO.MN PUBLISHED:2025/11/19      2 MONGOLIA'S UNEMPLOYMENT RATE DOWN 0.6 PCT IN Q3 WWW.XINHUANET.COM PUBLISHED:2025/11/19      3 CHINA DONATES CLINICAL TRAINING FACILITY TO PEDIATRIC REHABILITATION CENTER WWW.MONTSAME.MN PUBLISHED:2025/11/19      4 CHINA WILLING TO EXPAND TRADE WITH MONGOLIA -- CHINESE PREMIER WWW.XINHUANET.COM PUBLISHED:2025/11/19      5 MONGOLIA READY TO PERMIT OPENING OF RUSSIAN BANK BRANCH — PRIME MINISTER WWW.TASS.COM PUBLISHED:2025/11/19      6 RUSSIA, MONGOLIA STEADILY DEVELOPING COOPERATION — PUTIN WWW.TASS.COM PUBLISHED:2025/11/19      7 FORMER RIO BOSS JACQUES CALLED TO GIVE EVIDENCE TO MONGOLIAN INQUIRY WWW.AFR.COM PUBLISHED:2025/11/18      8 MEETING BETWEEN MIKHAIL MISHUSTIN AND PRIME MINISTER OF MONGOLIA GOMBOJAVYN ZANDANSHATAR WWW.GOVERNMENT.RU  PUBLISHED:2025/11/18      9 WOOL, CASHMERE INDUSTRY EXPORT POTENTIAL: USD 1 BILLION WWW.MONTSAME.MN PUBLISHED:2025/11/18      10 TMK LAYS DOWN NEW MONGOLIAN DAILY GAS RECORD WWW.BRISBANETIMES.COM.AU PUBLISHED:2025/11/18      (ТЭД БИДНИЙ ТУХАЙ) THE DIPLOMAT: МАН-ЫН ДАРГААР Н.УЧРАЛ СОНГОГДЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/19     МОНГОЛ УЛСААС БНХАУ РУУ ЭКСПОРТЛОХ НҮҮРСНИЙ ХЭМЖЭЭГ НЭМЭГДҮҮЛЖ, 100 САЯ ТОННД ХҮРГЭХ САНАЛ ТАВИЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/19     ИНТЕРПОЛООР ЭРЭН СУРВАЛЖЛАГДАЖ БАЙСАН МОНГОЛ ИРГЭН ПОЛЬШИД БАРИВЧЛАГДЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/19     Н.УЧРАЛ: НАМЫН ДАРГЫН ХУВЬД ЗГ-ЫН БОДЛОГО, ҮЙЛ АЖИЛЛАГАА, ТОГТВОРТОЙ БАЙДЛЫГ ДЭМЖИНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/19     ХӨГЖЛИЙН БАНКНЫ ЗАХИРЛААР С.БААТАРСҮРЭНГ ТОМИЛЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/19     RIO TINTO-ГИЙН ЗАХИРАЛ АСАН ЖАН СЕБЬЯАСТАН ЖАК ӨӨР ХЭД ХЭДЭН АЛБАН ТУШААЛТНЫГ МОНГОЛД ДУУДЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/11/18     Д.ГАНХУЯГ: AI КАМЕРЫН ИЖ БҮРЭН СИСТЕМЭЭР ИРЭХ НЭГДҮГЭЭР САРЫН 1-НЭЭС ТОРГУУЛЬ НОГДУУЛЖ ЭХЭЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/18     Б.БАСАНДОРЖ: НҮХЭН ЖОРЛОН АСАР ИХ ХЭМЖЭЭНИЙ БОХИРДОЛ ТАРХААЖ, АЮУЛТАЙ ОРЧНЫГ БИЙ БОЛГОЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/11/18     ОХУ-ААС МОНГОЛД НИЙЛҮҮЛЭХ ШАТАХУУНЫ НИЙЛҮҮЛЭЛТИЙГ ЭРС НЭМЭГДҮҮЛЭХЭЭР ТОХИРОЛЦЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/11/18     ЗАМ ХААЖ, ТӨРИЙН ӨНДӨР АЛБАН ТУШААЛТНУУДАД ДАВУУ ЭРХ ОЛГОДГИЙГ ЗОГСООХ ӨРГӨДӨЛ ГАРГАЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/11/18    

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