The Government of Mongolia has approved a 300-day action plan to accelerate economic recovery
At the meeting held on December 31, 2025, a decision was made to implement a 300-day plan aimed at accelerating economic recovery and transferring its benefits to the population. This was reported by the official government website.
As part of the new plan, the cabinet of ministers, heads of state institutions, committees, and commissions, as well as governors at all levels, were instructed not to increase fees and payments for services provided by the state to individuals and legal entities throughout the financial year 2026. This measure is aimed at coordinated regulation of public services and stability in the business environment. In addition, the government recommended that representatives of citizens in local councils refrain from raising local taxes and fees, and the oversight of this directive was entrusted to the First Deputy Prime Minister and Minister of Economy and Development, Enkhbayar Zhadamba.
According to the latest statistical data, economic growth was 5.9%, and the inflation rate was 8.2%, which is close to the target indicators of the central bank. The balance of payments shows a positive balance, and the country's foreign exchange reserves reached 6 billion dollars. The government attributes this growth to a steady increase in the sectors of agriculture, construction, and manufacturing, as well as the recovery of the mining sector in the third quarter.
As a result of policies aimed at increasing exports, there has been a rise in revenues, a slowdown in the growth rate of imports of goods and services, as well as stabilization of the current account deficit and an increase in the financial account surplus compared to last year. This leads to a positive balance of payments and stabilization of the exchange rate.
The government has decided to approve and implement a set of measures aimed at ensuring that the benefits of economic growth are directed towards supporting citizens, protecting their incomes and livelihoods, creating a favorable business environment, optimizing state participation, and promoting sustainable macroeconomic growth.
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