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Politics

Mongolia’s budget revision goes back to committee as the ruling party sets 20 October

Mongolia’s parliament sent the third reading of the 2026 budget revision back to its Budget Standing Committee on Monday, by 68.6% of the members present, to revisit two rejected proposals: a higher care allowance for citizens with disabilities and the education ministry’s lease payments. The ruling party’s faction chair Zh. Batjargal said it must pass by 20 October, ahead of the pension and pay rises due on 1 November.

The corner of a sand-coloured folder on a dark wooden committee table, an amber ribbon marker trailing out of it.

The block vote scheduled for Friday 2 October at 17:00 did not end the third reading, and on Monday the plenary opened at 14:00 with 95 of the 126 members present, 75%, against a quorum of 64. The Budget Standing Committee’s chair N. Naranbaatar asked the chamber how to proceed on the two rejected proposals, Speaker S. Byambatsogt put it to the vote, and 68.6% of those present were in favour, by the parliament’s record, which gives the share and not the count. Four bills went back to the committee.

They are the amendments to the 2026 state budget and to the 2026 budgets of the National Wealth Fund, the social insurance fund and the health insurance fund, and the direction is to revisit the third reading within those two issues.

Four bills went back to the committee.

Batjargal, the chair of the Mongolian People’s Party faction, said after the faction’s meeting that the revision must be debated and passed by 20 October, ahead of the basic pension and public-service pay rises due from 1 November, and that the 2027 budget’s conformity with the fiscal rules will be put to a vote by the end of this week, with a working group and a timetable for adoption by 15 November. The revision he wants passed is the one that carries those rises.

The Democratic Party’s political council, which on Friday demanded that prime minister N. Uchral put himself to a confidence vote, said the question of dismissing him would be settled at a faction meeting soon, and its chair O. Tsogtgerel said his members would take part in the debate so that the budget passes on time.

Behind the revision stands the 2027 draft. The trade union confederation CMTU said on Monday that the draft still counts the minimum wage at 792,000 tugrik although a tripartite decision of August raises it to 1,000,000 from 1 January 2027, a rise of 26.3% with an hourly minimum of 5,900 tugrik. The draft plans spending of 43.586 trillion tugrik against revenue of 41.28 trillion and a deficit of 2.306 trillion, 2.0% of GDP, by the National Audit Office’s opinion of 26 September as Sonin.mn carried it, and the faction wants it passed by 15 November.