Speaker S. Byambatsogt closed the session at the end of a plenary that had put the amendment and its accompanying bills to a second reading. Of 68 members taking part, 56, or 82.4%, voted that the drafts meet the tests in the Budget Law and the Budget Sustainability Law and fit the development plans. The drafts then went to the standing committees and the Budget Expenditure Control Sub-committee to prepare the third reading.
Seven days was the whole session. The first reading was on 7 September, the day it opened; the committees held their second readings on 8, 9, 10 and 14 September, Montsame’s account of the plenary says, and the Budget Standing Committee’s report reached the floor through its member N. Naranbaatar on Monday. ikon.mn’s count: of the four discussions the amendment needs, two have been held.
The rewrite, the Speaker told the chamber as he closed it, is about savings in state spending, holding down the prices of staple foods, building fuel and energy reserves, keeping the power system running, and raising wages and pensions. Every day of delay adds to the burden on household incomes and on the finances of enterprises, he said, and citizens are watching how parliament answers wage rises, fuel shortages and electricity restrictions.
What the rewrite carries is on the record of the week: the Erdenes Tavan Tolgoi dividend of ₮1.5 trillion routed to a pension rise dated 1 November, the Audit Office’s deficit of ₮2.048 trillion, 2% of GDP, and ₮3.5 billion for equipment at the Ikh Zasag school out of an ₮18 billion pool, a line the prime minister said his family’s school never requested and the MP O. Saranchuluu said was earmarked all the same, while the finance minister said he had no information on it, all three on ikon.mn’s account of 10 September. ikon.mn puts the rewrite’s spending at ₮1.4 trillion, with ₮150 billion for price stabilisation, ₮200 billion for energy repairs and subsidies and ₮50 billion for schools near homes.
Of 68 members taking part, 56, or 82.4%, voted that the drafts meet the tests in the Budget Law and the Budget Sustainability Law and fit the development plans.
urug.mn, writing on Monday morning before the plenary, counted committee attendance of 50% to 63% during the week and an Economic Standing Committee that struggled to open for want of members, and called the session fruitless before it closed.
The export numbers behind the rewrite were printed the same evening. Exports were $14.4 billion in January to August, up 57.2% or $5.2 billion on a year earlier, and the trade surplus was $6.0 billion, 3.6 times last year’s, Montsame reported on Monday evening; copper ore and concentrate were 43.7% of exports, coal 37.0%, and China took 92.7%.
The autumn session opens on Tuesday, as the 2025 session did on 15 September. The pension rise is dated 1 November in the government’s draft, and the third reading now has to reach it.