DiscoverThe Great State Mural - Mongolia PortrayedMongolia’s Fiscal Reset: New Government's budget amendments in the shadow of mining dependency
Mongolia’s Fiscal Reset: New Government's budget amendments in the shadow of mining dependency

Mongolia’s Fiscal Reset: New Government's budget amendments in the shadow of mining dependency

Update: 2025-07-23
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In this episode of The Great State Mural: Mongolia Portrayed, we unpack the newly seated government and their attempts to amend the 2025 state budget following the resignation of former Prime Minister Oyun-Erdene. Are the changes to the amendment justified, or is Mongolia making the same mistake they have made before?

hosts Dolgion Aldar, Julian Dierkes, and Anand Tumurtogoo examines the prime minister's approach to amending the budget as the new government proposes spending cuts, the lack of economic diversification, and the political habit of fast-tracking reforms during crises—including the failure to implement a functioning sovereign wealth fund. And how the dependence on mining seems to blindside Mongolian politicians to the volatility of Mongolia's economy.

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Mongolia’s Fiscal Reset: New Government's budget amendments in the shadow of mining dependency

Mongolia’s Fiscal Reset: New Government's budget amendments in the shadow of mining dependency

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