State Budget Revenue Rises by MNT 1.2 Trillion in First Four Months of 2026 www.montsame.mn
Mongolia’s consolidated state budget revenue and grants reached MNT 10.2 trillion in the preliminary results for the first four months of 2026, according to the National Statistics Office of Mongolia. The figure represents an increase of 13.8%, or MNT 1.2 trillion, compared with the same period last year.
During the period, balanced revenue and grants totalled MNT 8.9 trillion, up 5.4% year-on-year, equivalent to an increase of MNT 459.7 billion.
Total expenditure and net lending reached MNT 10.4 trillion, resulting in a balanced budget deficit of MNT 1.4 trillion.
Tax revenue amounted to MNT 8.3 trillion in the first four months of the year, increasing by 4.3%, or MNT 344.5 billion, from the previous year. The growth was primarily driven by a 17.6% rise in social insurance revenue, equivalent to MNT 290.1 billion, and a 5.8% increase in value-added tax revenue, equivalent to MNT 105.8 billion.
Meanwhile, income tax revenue declined by 5.7%, or MNT 148.7 billion, while excise tax revenue decreased by 28.6%, or MNT 108.3 billion.
Of the total tax revenue, 29.9% was generated from income tax, 23.4% from value-added tax, 23.4% from social insurance contributions, 7.3% from foreign trade-related taxes, 3.3% from excise taxes, and 12.7% from other taxes, fees, and charges.
Published Date:2026-05-19





