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Parliament Approves 2027 Budget with MNT 2tn in Cuts
The 2027 budget package was submitted to Parliament on 31 August , but much of the parliamentary debate was spent elsewhere. The delayed 2026 budget amendment took up a significant share of plenary time, while the dispute over the allocation of Oyu Tolgoi dividends overshadowed…
Mongolia’s Inflation Hits Year-High 13.4% in October
In October 2026, Mongolia's annual inflation increased to 13.4%, up from 12.9% in September and 9.2% in October 2025. This is 5.4 percentage points above the Bank of Mongolia's (BoM) 8% upper bound , marking its highest level this year.
BID Financial Group Secures USD 3 Million in Financing
BID NBFI has successfully secured USD 3 million (MNT 10.8 billion equivalent) in financing from the international market through Developing World Markets (DWM) , a US-based impact investment firm.
