News

Legal committee supports constitutional finding on copyright inheritance

The issue concerns inheritance of exclusive rights in jointly authored works.

Domestic Politics

Democratic Party caucus receives three-day budget recess

The pause concerns first readings of fiscal-framework changes and the proposed 2027 budget package.

Fiscal council flags risks in the proposed 2027 budget

The Fiscal Stability Council warned that rising expenditure and mining dependence could weaken fiscal resilience.

Cabinet backs financing for the spring 2027 meat reserve

Ulaanbaatar plans to prepare 15,000–20,000 tonnes of reserve meat to ease seasonal supply pressures.

Domestic PoliticsMining & Energy

Autumn parliament opens with housing and energy on the agenda

Speaker S. Byambatsogt placed living costs, housing and dependable energy among the session’s priorities.

Domestic PoliticsSecurity

Prime minister dismisses justice and home affairs minister

The government announced a ministerial dismissal and called for the facts behind the controversy to be established.

Domestic PoliticsSecurity

Prime minister demands accountable winter preparations

Local leaders were asked to identify responsibility, deadlines and financing for unresolved winter-readiness problems.

Central bank consults on a 5% medium-term inflation objective

The draft 2027 guidelines envisage a tolerance band of two percentage points around the objective.

EconomyDomestic PoliticsThird Neighbor

Government signs SOE framework memorandum with BlackRock FMA

The discussions concern a possible investment vehicle holding minority stakes in state-owned enterprises.

Cabinet approves reorganisation of state-owned enterprises

The restructuring measure covers conversion, consolidation and liquidation of designated public enterprises.

Labour dialogue focuses on wages, pensions and housing

The prime minister presented income and housing proposals while unions stressed improvements in real earnings.

EconomyMining & EnergyDomestic Politics

Solar-Powered Electric-Vehicle Charging Station Opens in Ulaanbaatar

A solar-powered electric-vehicle charging facility called Green Station opened at Tasgany Ovoo in Ulaanbaatar's Chingeltei District. The government said it can fast-charge four vehicles at once. Mongolia now has 38 chargers capable of serving 75 vehicles simultaneously, while more than 670 green registration plates have been issued. Plans call for ten additional chargers at seven Ulaanbaatar locations and twenty at ten local locations, with a longer-term network every 150 kilometres. The operator MMS said it plans 111 charging locations by 2028, including 83 outside the capital.

Government Submits Amendment to Mongolia's 2026 Fiscal Framework

Prime Minister N. Uchral presented draft amendments to Mongolia's 2026 medium-term fiscal framework and state budget. The proposal would authorize MNT 998 billion in spending from unused local-budget balances accumulated in previous years, raising total expenditure and the deficit by the same amount. The government said unused local balances had reached MNT 2.8 trillion in 2026, up from MNT 2.3 trillion three years earlier. It also proposed restoring two fiscal indicators designed to limit expenditure growth linked to mining revenue and strengthen medium-term budget discipline.

Mining & EnergySecurityDomestic Politics

Mongolia Moves to Place Oil Exploration Sites Under Internal Troops Protection

Prime Minister N. Uchral instructed the ministers responsible for industry, mineral resources and justice to prepare protection by the Internal Troops for oil exploration and production sites. The government said the decision would be formalized at a cabinet meeting. It linked the measure to economic and national security, noting that Mongolia spends about USD 2.2 billion a year importing fuel. The announcement strengthens physical security around domestic petroleum activity, but it does not itself expand production or reduce the country's short-term reliance on imported refined products.

Mongolian Parliament Convenes Extraordinary Session on Budget Amendments

The State Great Khural announced an extraordinary session for September 7–14. Lawmakers are scheduled to consider amendments to the 2026 medium-term fiscal framework, the 2027–2028 projections and the 2026 state budget. The session creates the formal parliamentary channel for reviewing the government's proposed fiscal changes, including their effects on expenditure and the deficit. The notice establishes the dates and agenda, but it does not predetermine the vote. Final figures, safeguards and implementation authority may change through committee review and plenary debate before legislation is adopted.

Mongolia Forecasts 85.8 Percent Increase in Wheat Harvest

Mongolia's preliminary harvest balance projects 555,300 tonnes of grain, including 497,100 tonnes of wheat, from 580,400 hectares planted in 2026. The wheat forecast is 229,600 tonnes, or 85.8 percent, above the previous year. Potato output is projected at 168,200 tonnes and vegetables at 218,400 tonnes. The government said 951 borrowers received MNT 147.2 billion in concessional agricultural loans and outlined reserves for wheat, produce and diesel. Officials cautioned that the estimates remain preliminary and that final output will depend on harvest conditions and weather.

Mongolia Submits 2027 Budget with MNT 2.3 Trillion Deficit

The government submitted its 2027 state-budget framework with balanced revenue of MNT 41.3 trillion, expenditure of MNT 43.6 trillion and a projected deficit of MNT 2.306 trillion. The proposal forecasts MNT 3.5 trillion in state-owned-enterprise dividends and includes pension, health, wage, tax and housing measures. It proposes exempting monthly salary income up to MNT 792,000 from tax and expects relief of MNT 840 billion. The package also refers to a first Oyu Tolgoi dividend and planned energy projects. All figures remain subject to parliamentary review and macroeconomic conditions.

Mongolia Removes Utility-Payment Data from Credit-Score Calculation

The Bank of Mongolia changed credit-scoring treatment after citizen feedback, according to a parliamentary notice. Mobile, electricity, heating, water and other utility-payment data will no longer affect the numerical credit score, although the information may remain visible separately. More than 690,000 debt records were removed from scoring, and loan repayments are to be reflected immediately. From September 20, online requests to correct erroneous records are expected to be handled within five days. The reform narrows the inputs used in scoring but does not guarantee loan approval, which remains subject to lenders' affordability and risk assessments.

Domestic PoliticsSecurityEconomy

Mongolia Submits Revised Protected Areas Law to Parliament

The government submitted a revised Protected Areas Law that would organize national, local and internationally recognized protected areas together with protected forest and water zones in a national network. The bill sets requirements for conservation legal entities, financing and oversight and proposes an electronic information system and management plans. It also provides for local participation through environmental zone councils and recognizes nature-based and ecotourism uses. The proposal seeks multi-source, results-based financing for conservation. Parliament must still debate the text, and implementation will depend on regulations, institutional capacity, land-use enforcement and reliable long-term funding.

Foreign PolicyDomestic PoliticsSecurity

Mongolia and South Africa Discuss Consensus at COP17

Foreign Minister Battsetseg Batmunkh, serving as COP17 president, met South African Deputy Environment Minister Bernice Swarts on August 20. Battsetseg thanked South Africa for its participation and said Mongolia intends to conduct the conference openly, transparently and inclusively. Swarts emphasized international cooperation in addressing land degradation, desertification and drought. Mongolia's COP presidency committed to hearing all parties, fostering mutual understanding and advancing conference outcomes through consensus. The meeting reflects diplomatic work around the negotiations; the report did not identify a new bilateral agreement or a completed substantive COP17 decision.

Mongolia Green Finance Corporation Officially Launched

Mongolia officially launched the Mongolia Green Finance Corporation as a public-private channel for long-term green investment. Participants include the Green Climate Fund, XacBank, Credit Guarantee Fund, Development Bank of Mongolia and Global Green Growth Institute. The corporation plans to provide finance through banks and non-bank institutions for ger-district insulation and clean heating, affordable green housing, business energy efficiency, low-carbon technology and products for women entrepreneurs, low-income households and vulnerable consumers. Prime Minister Uchral Nyam-Osor said the institution should translate climate targets into investable projects. Its impact will depend on project selection, additional private capital, repayment performance and verified environmental results.

Foreign PolicyDomestic PoliticsSecurity

COP17 Holds First Open Dialogue Between Parties and Civil Society

UNCCD COP17 held its first open dialogue between governments and civil society on August 20 in Ulaanbaatar. COP17 President Battsetseg Batmunkh called for cooperation among states, international organizations, businesses, researchers, civil society, local and indigenous communities and youth. The session examined how local and indigenous knowledge can be combined with science, innovation and sustainable finance for land restoration. With 2026 designated the International Year of Rangelands and Pastoralists, participants also shared practices and financing options for sustainable food systems and reduced land degradation. Organizers said dialogue proposals should inform conference outcomes and future collaboration.

Domestic PoliticsForeign PolicySecurity

Mongolia Presents Steppe Action as Platform for Climate and Land Coordination

Mongolian and international civil-society organizations, herders, indigenous representatives and officials met at COP17 to discuss coordination between land and climate commitments. Deputy Environment Minister Munkhtamir Batbayar described Steppe Action as a platform linking government policy with local knowledge and civil-society experience. He acknowledged that commitments under the Paris Agreement, UNCCD and the Convention on Biological Diversity use separate processes and indicators. Mongolia says it wants more integrated implementation and fewer institutional and legal barriers. The deputy minister identified trust, clear complementary roles and continuity beyond COP17 as conditions for effective cooperation and said critical civil-society feedback should remain possible.

Mining & EnergyDomestic PoliticsEconomy

Mongolia Signs Partnership on Biodiversity Offsets for Mining Impacts

The Environment Ministry, Chinggis Khaan Wealth Fund Association and Mongolian Nature's Legacy Foundation signed a memorandum to develop science-based biodiversity offsets for mining impacts. The partnership aims to reduce habitat damage, measure conservation outcomes and establish long-term finance, including work in protected areas where affected biodiversity can be conserved. Environment Minister Sandag-Ochir Tsend said Mongolia added offset requirements to its environmental-impact law more than a decade ago but implementation has remained inadequate. The memorandum seeks a demonstrable model for other mines and support for national biodiversity policy and Eternal Mongolia financing. It does not replace obligations to avoid, minimize and rehabilitate impacts.

Parliament Speaker Reviews Food-Security Production in Tuv Aimag

Parliament Speaker Byambatsogt Sandag visited Tuv aimag to review winter preparations, harvesting, fodder, local economic conditions and development projects. At Khos Bers Agro Farm in Argalant soum, he inspected an integrated crop and livestock operation cultivating around 1,600 hectares and raising more than 160 cattle and 1,000 small livestock. The farm reports summer milk capacity of up to 1.2 tonnes per day and produces nearly 80 percent of its feed needs. The Speaker said milk is strategically linked to food security and promised to examine continued per-liter incentives, land access for fodder cultivation and tax support.

First 110 Green Housing Units Open at Sharkhad Sub-Center

Ulaanbaatar commissioned the first 110 of 338 planned green housing units at the Sharkhad sub-center. The buildings are expected to use 25 percent less energy, 20–25 percent less water and 20–25 percent less embodied energy in materials than conventional construction. The wider ADB- and Green Climate Fund-supported program plans 4,200 units across Sharkhad and Bayankhoshuu, together with green space, bicycle lanes, pedestrian paths and parking. Ten percent of units are designated for people with disabilities. City officials estimate the full project could save 2.4 million kWh of electricity and 5.5 million liters of water each year.

Domestic PoliticsForeign PolicyEconomy

COP17 Mayors' Forum Seeks City Partnerships for Land Resilience

City leaders and development partners met in Ulaanbaatar for a COP17 Mayors' Forum focused on urban responses to land degradation, drought, water stress and climate risk. Ulaanbaatar's mayor proposed an Ulaanbaatar Declaration and an investment-linked initiative to convert shared city goals into action. The forum included representatives from 33 countries, 24 cities, 51 international organizations and 23 Mongolian organizations. Participants discussed nature-based solutions, technology, finance and cooperation between urban and rural areas. UNCCD leadership noted that cities will house more than half the world's population by 2050 and must integrate land and water management.

Mongolian Fund Proposes Results-Based Conservation Financing

The Mongolian Nature's Legacy Fund used a COP17 panel to propose that environmental funding be released against measurable results and predefined criteria rather than activities or spending alone. Board chairman M. Boldoo said the proposal would be submitted to the Ministry of Finance and argued that conservation expenditure should be treated as long-term investment. He cited Mongolia's sustainable-finance initiative, launched in 2013, and the 15-year Eternal Mongolia conservation program. Banks and private actors are already financing water storage, spring restoration, local schools and green herder loans, but the proposed public-finance reform has not yet been adopted.

Domestic PoliticsSecurity

State Ceremony Held at Khar Zurkh Sacred Mountain

A state worship ceremony was held at Khar Zurkh Mountain beside Khukh Nuur Lake in Tsenkhermandal soum, Khentii aimag. Historical accounts associate the area with Temuujin's proclamation as ruler of Khamag Mongol in 1189 and his receipt of the title Chinggis Khaan. The mountain was designated a state-worshipped sacred site by presidential decree marking the 820th anniversary of the Great Mongol Empire. President Khurelsukh, Cabinet members, national and local officials, residents and elders attended. Authorities linked the ceremony to preserving state traditions, cultural heritage, natural landscapes and national identity.

Domestic PoliticsSecurityEconomy

Mongolia and UNEP Announce USD 2 Million Animal-Disease Project

Mongolia and the UN Environment Programme will jointly implement a USD 2 million project to study the spread of infectious animal diseases and reduce outbreaks, UNEP Executive Director Inger Andersen announced during a meeting with Environment Minister Sandag-Ochir Tsend. The officials also discussed implementing COP17 decisions, environmental finance and work on drought risk. Mongolia highlighted earlier cooperation with UNEP on the Great Gobi protected area, Tsaatan livelihoods, peatlands, hazardous waste and chemical-pollution assessments. The ministry said it also wants UNEP support for the Steppe Action program and related pasture, water and nature-based initiatives.

UN Deputy Secretary-General Reviews Solar Heating Project in Ger District

Foreign Minister Battsetseg Batmunkh and UN Deputy Secretary-General Amina Mohammed visited Chingeltei District on August 23 to review a UNDP solar-energy project for Ulaanbaatar's ger areas. The initiative is designed to equip 450 households with solar-powered heating and electricity systems. Each package combines photovoltaic panels, batteries, heat-storage electric heaters and smart meters. Organizers expect the systems to reduce household costs and air pollution while meeting heating and power needs. Participating homes may also be able to feed surplus electricity into the central grid, subject to the project's technical and regulatory arrangements.

Mining & EnergyDomestic PoliticsEconomy

Cabinet Approves Security and Tax Measures for Oil Refinery Complex

Mongolia's Cabinet placed the Altanshiree oil refinery, its water facilities and crude-oil pipeline complex under Internal Troops protection and backed development of the site as an industrial and technology park. The park framework provides a ten-year land-fee exemption, a five-year property-tax exemption and deferred customs and value-added tax payments of up to four years for qualifying imported inputs unavailable domestically. Foreign employees may also be exempt from workplace fees. The government ordered technical review, a development plan, feasibility work, special-purpose state land designation and staged permitting to address liabilities that had threatened further delays.

Average Consumer Prices in Ulaanbaatar Fall 3.5 Percent in a Month

Average prices in the National Statistics Office's weekly Ulaanbaatar consumer basket were 1.6 percent lower than the previous week and 3.5 percent lower than a month earlier as of August 17. Domestic potatoes recorded the sharpest cited decline, falling 10.6 percent to MNT 2,500 per kilogram. Prices for bone-in mutton, boneless beef and bone-in beef also eased. The picture outside the capital was mixed: selected staple foods and fuels rose in some aimags, while meat and milk prices generally declined, according to the agency's survey summary.

Mongolia Seeks Price Proposals for 179 Medicines

Mongolia has sent a list of 179 quality-compliant medicines to potential procurement partners in Poland, Türkiye and South Korea, as well as UNDP, UNOPS and UNICEF, for price proposals. The health ministry is expanding single-source and international procurement for high-cost, high-use and shortage-prone medicines identified by hospitals. Officials said MNT 209.6 billion was spent on 424 medicines in 2025. A UNDP arrangement now covers 45 medicines from ten manufacturers, while the state fully finances epilepsy medication for about 5,000 people. The ministry says reserves have been established for the contracted medicines.

Domestic PoliticsSecurityForeign Policy

Mongolia Presents National Biodiversity Strategy for 2026–2030

Mongolia presented its National Biodiversity Strategy and Action Plan for 2026–2030 at a COP17 event on improving coordination among the three Rio Conventions. The plan was adopted by government resolution on June 10, 2026, and is aligned with the Kunming–Montreal Global Biodiversity Framework. Mongolia has been a party to the Convention on Biological Diversity since 1993. Its obligations cover ecosystem and species conservation, sustainable use and the fair and equitable sharing of benefits from genetic resources. The presentation moves the strategy into international view, while implementation will depend on budgets, indicators and coordination across sectors.

Foreign PolicyDomestic PoliticsEconomy

Mongolia Calls for Land-Restoration Financing Pledges to Be Honored

Mongolia used the High-Level Sustainable Financing Forum held alongside UNCCD COP17 to urge governments and partners to deliver financing previously pledged for land restoration. Uilstuguldur Altankhuyag, chief of staff of the Office of the President, reaffirmed Mongolia's commitment and said implementation must follow international promises. The forum brought public and private finance discussions into the conference agenda. Mongolia has convened a sustainable financing forum regularly under presidential auspices since 2022. The statement adds political pressure for measurable funding, but the report did not announce a new aggregate commitment or a timetable for disbursement.

Nature Foundation and Khan Bank Sign Biodiversity Finance Agreement

The Mongolian Nature's Legacy Foundation and Khan Bank signed a memorandum of understanding at COP17's sustainable finance forum to direct more private capital toward conservation. Their proposed work includes a green-finance model for sustainable pasture management involving herders and cooperatives. The parties will also study the Taskforce on Nature-related Financial Disclosures framework so biodiversity risks can be considered in environmental, social and governance risk systems. Other ideas include a “Green Card” for environmentally responsible consumption and technical support to borrowers for climate adaptation. The memorandum sets a cooperation agenda; individual products and measurable conservation outcomes remain to be developed.

Foreign PolicyDomestic PoliticsSecurity

UNCCD COP17 Bureau Holds First Meeting in Ulaanbaatar

The Bureau of UNCCD COP17 held its first meeting on August 18 to review conference organization, consensus-building and implementation priorities. Vice presidents represented Côte d'Ivoire, Cameroon, the Cook Islands, Brazil, Saint Vincent and the Grenadines, France and Switzerland. Participants received updates from the Committee of the Whole, the Committee on Science and Technology and the Committee for the Review of the Implementation of the Convention. Discussions covered land degradation, drought, scientific and technical work and future cooperation. Mongolia, as presiding country, emphasized equal participation, inclusive decision-making and results that parties can implement after the conference.

Bank of Mongolia Raises Policy Rate to 12.5 Percent

The Bank of Mongolia raised its policy rate by 0.5 percentage points to 12.5 percent after an extraordinary Monetary Policy Committee meeting. It also increased commercial banks' reserve requirement by 0.5 points to 14.5 percent. The central bank cited persistent inflation, fuel and food prices, and risks of secondary price increases. Annual inflation reached 13 percent in July. At the same time, stronger coal and copper exports supported a USD 567 million balance-of-payments surplus in the first half of 2026 and lifted foreign-exchange reserves to USD 7.9 billion.

Domestic PoliticsForeign PolicySecurity

Six Hundred Volunteers Complete Training for UNCCD COP17

Six hundred volunteers completed preparation for the UN Convention to Combat Desertification's COP17, scheduled in Ulaanbaatar from August 17 to 28. The training was jointly organized by the United Nations Volunteers program, Mongolian Red Cross Society, UN Development Programme and the COP17 National Committee's working group. Volunteers received briefings on their locations, duties, responsibilities and conference logistics. They will be deployed across four principal areas: the public Green Zone, the accredited Blue Zone, official hotels and transportation. Organizers said the training and assignment process had been completed ahead of the conference opening.

Domestic PoliticsSecurityEconomy

Mongolia Publishes Updated National Desertification Atlas

Mongolia presented its sixth nationwide assessment of desertification and land degradation, based on data from 1991–2025 and prepared with satellite imagery, remote sensing, geographic information systems and spatial analysis. The updated atlas is intended to inform environmental policy and Mongolia's commitments under the UN Convention to Combat Desertification. The assessment found that 81.9 percent of national territory is affected by some degree of desertification or land degradation, while soil moisture has declined across 93.3 percent of the country. Compared with the 2020 assessment, the affected area increased by five percentage points, although severe and very severe categories declined.

Domestic PoliticsEconomyThird Neighbor

Mongolia and ADB Discuss Education Reform and USD 130 Million Financing

Education Minister Enkh-Amgalan Luvsantseren met the Asian Development Bank's new country director for Mongolia, John Juhyun Jeong, to discuss reforms in school quality, access and management. Priorities included narrowing urban-rural education gaps, teacher development, digital transition, vocational training aligned with labor demand, science and technology learning, and protection against gender-based violence in schools and dormitories. The Mongolian side said it hoped to finalize and sign a USD 130 million project loan agreement for additional education-sector financing during the ADB president's planned visit to Mongolia in September.

Mongolia Establishes National AI Council

Mongolia's Cabinet established a National Artificial Intelligence Council to coordinate policy, accelerate the digital economy and support the use of AI across sectors. Prime Minister Uchral Nyam-Osor will chair the council, with the ministers responsible for digital development and education serving as vice chairs. Government and professional association representatives will participate. The decision follows more than 30 big-data and AI initiatives included in Vision 2050 and the 2024–2028 government program. Officials also cited Mongolia's 98th-place ranking among 188 countries in the 2024 Government AI Readiness Index and the absence of a national strategy.

Mining & EnergyEconomyDomestic Politics

Cabinet Moves to Remove Bottlenecks Facing Mongolia's Oil Refinery

Mongolia's Cabinet addressed 14 legal, financial and operational issues affecting construction of the oil refinery in Altanshiree soum, Dornogobi aimag, and ordered weekly monitoring of implementation. Measures cover financing and tax arrangements, development of the site as an industrial and technology park, security, workforce training, public information, and faster official responses to permits and correspondence. The project was reported more than 60 percent complete and is targeted for operation in 2028. The Cabinet also reviewed 26 fuel-storage projects backed by more than MNT 360 billion in central-bank loans to build a 23-day national reserve.

Bagakhangai–Khushig Valley–Emeelt Railway Targeted for September Opening

Mongolia's Cabinet ordered faster work and unified management for the 214.9-kilometer Bagakhangai–Khushig Valley–Emeelt railway, which is targeted to become operational in September. Authorities are to accelerate land clearance, relocation of affected structures, and protection or movement of power infrastructure. The 87.8-kilometer first section has completed its bridge and culvert works, while track superstructure installation was reported at 86.6 percent. Earthworks on the Khushig Valley–Emeelt section were 48.2 percent complete. Ninety-five domestic companies and more than 4,000 engineers and technical workers are participating in the project.

NewsAugust 11, 2026

Ulaanbaatar Approves Selbe Smart City Special Economic Zone Proposal

Ulaanbaatar’s Citizens’ Representatives Khural approved a resolution to establish a special economic zone at the Selbe subcenter. The broader housing project covers 158 hectares, where 2,206 land parcels have been cleared for 113 residential blocks containing 8,575 apartments; 40 hectares are reserved for social facilities. City officials say the zone could accommodate about 420 businesses and offer time-limited tax, fee, financing and permitting support. Existing plans for green space, schools, kindergartens, parking and public facilities are to remain unchanged. Further rules will define the operating framework.

NewsAugust 11, 2026

Mongolia’s Anti-Corruption Agency Reports 1,026 Cases Under Active Investigation

Mongolia’s Independent Authority Against Corruption said its investigators reviewed 56 crime-related complaints and reports from August 3–9. It proposed opening inquiries in nine cases, declining four, and transferring one by jurisdiction, while 42 remained under review. The agency reported investigative work involving 1,038 criminal cases during the period. Recommendations were sent to prosecutors to bring six cases to court, close five and consolidate one, leaving 1,026 cases under active investigation. Allegations remain subject to prosecutorial and judicial review. These operational figures are not final judgments.

Domestic Politics

NewsAugust 11, 2026

Ulaanbaatar to Transfer 20 Percent of Municipal Enterprises’ Net Profit to City Budget

Ulaanbaatar’s Citizens’ Representatives Khural backed a proposal requiring 18 municipally owned business entities to transfer 20 percent of their 2025 net profit to the city budget. The enterprises reported combined net profit of MNT 18.3 billion. Representatives also called for closer scrutiny of profitability, debt, management and accountability, including incentives for well-performing organizations and reviews of entities operating at a loss. The measure was considered during the Khural’s eighth regular meeting alongside winter preparation and other municipal policy questions. Implementation will follow city budgeting procedures.