Mongolia H2 2026 Outlook: Oyu Tolgoi Leverage and Mining Reform Risks

H2 2026 Mongolia Outlook: Expert analysis on Prime Minister Uchral's economic liberation agenda, fiscal risks, and the Oyu Tolgoi negotiations.

Politics

Why Elbegdorj’s Return Reopened Corruption Probes in Mongolia

Mongolia Uses AI to Protect Traditional Naadam Horse Racing

Mongolia Prime Minister Uchral's 100 Days: Wins, Inflation, and Energy Risks

Mongolia H2 2026 Outlook: Oyu Tolgoi Leverage and Mining Reform Risks

PM Uchral Has the Numbers. The Opposition Has the Narrative.

Mongolian PM Uchral’s First 50 Days

Economy and Mining

Mongolia’s Supplementary Budget Turns Temporary Savings Into Permanent Costs

Mongolia’s AI Data Center Ambition Needs More Than Cold Air and Cheap Power

Mongolia Budget: Why Central Bank Raised Rates Ahead of Fiscal Debate

Mongolia Oil Refinery Bet to Escape Russian Fuel Dependency

Mongolia’s 2.1 Trillion Budget Deficit Demands More Than Minor Spending Cuts

Mongolia's Fuel Crisis Shows the Cost of Managing Prices

Global Affairs

Mongolia Green Ambitions at UNCCD COP17 Face Economic and Rangeland Challenges

Why Mongolia Is Turning to Central Asia

Why Mongolia Must Play Its Critical Mineral Card to Survive

Mongolia’s Kazakhstan Gambit Faces a Hard Border Reality

Mongolia Blocks Oversight Push as China Coal Deal Ignites Backlash

Iran War Tests Mongolia’s Fiscal and Political Discipline

All Articles

Mongolia’s Supplementary Budget Turns Temporary Savings Into Permanent Costs

Mongolia’s supplementary budget may be fiscally neutral today, but higher wages and pensions could lock permanent costs into future budgets.

3 hours ago

Mongolia’s AI Data Center Ambition Needs More Than Cold Air and Cheap Power

Mongolia wants to become an AI data centre hub, but weak power grids and limited connectivity may matter more than cold air and cheap energy.

1 day ago

Mongolia Budget: Why Central Bank Raised Rates Ahead of Fiscal Debate

The Bank of Mongolia raised interest rates to 12.5% to signal fiscal restraint ahead of the upcoming Mongolia budget debate.

6 days ago

Mongolia Oil Refinery Bet to Escape Russian Fuel Dependency

Mongolia’s $1.7B oil refinery will not likely bring total fuel independence. It trades Russian energy risk for Chinese crude, Indian debt, and coal-backed funding.

Aug 25

Mongolia Green Ambitions at UNCCD COP17 Face Economic and Rangeland Challenges

Mongolia hosts UNCCD COP17 to fight land degradation, but bad economic incentives and heavy overgrazing threaten its green goals.

Aug 24

Spot the Opportunities. Navigate the Risks

Independent analysis of Mongolia's politics, economy and geopolitics risks. The essential weekly briefing for investors, policymakers, diplomats and anyone who needs to understand where Mongolia is heading.