2025 Budget Revision

The Ministry of Finance has announced that government budget revenue is projected to decline by approximately ₮3.3 trillion by year-end. In response, the 2025 budget revision has finalized expenditure reductions of ₮2.1 trillion. Despite these measures, the budget deficit is expected to reach around ₮1 trillion for the year.

Key coordinated policy measures include:

1. 31% reduction in the structure of ministries and related entities, achieved by consolidating or eliminating overlapping departments to optimize organizational efficiency.
2. Resolution of land ownership issues, with 3,797 locations totaling 44,400 hectares to be registered as state property. Additionally, in 2024, 961.6 hectares will be allocated to 8,702 citizens across Ulaanbaatar and 114 soums in 18 provinces.

Photo from: www.mongolia.gov.mn