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Budget Revenue Up by MNT 2.1 Trillion in First Five Months www.montsame.mn
Mongolia’s consolidated state budget revenue and grants reached MNT 13.5 trillion in the first five months of 2026, increasing by 18.7%, or MNT 2.1 trillion, from the same period last year, according to the National Statistics Office.
Balanced revenue and grants totaled MNT 11.7 trillion, up 9% year-on-year. Total expenditure and net lending amounted to MNT 13 trillion, resulting in a budget deficit of MNT 1.4 trillion, which was 5.2 times higher than a year earlier.
Tax revenue reached MNT 10.7 trillion, rising by 6.4%. The increase was mainly driven by growth in social insurance contributions and value-added tax (VAT) revenue, while income tax and excise tax revenues declined.
State budget expenditure and net lending increased by 18.7%, or MNT 2.1 trillion, compared to the same period in 2025. Capital expenditure recorded the strongest growth, rising 72.5% to MNT 1.9 trillion, led by higher spending on construction projects, major repairs, and other capital investments.
Published Date:2026-06-17
