Mongolia's Tax Reforms: What You Need to Know
- Amar Adiya
- Mar 10
- 3 min read
Mongolia grapples with a steep coal price drop and public frustration over uneven taxes and spending.
On March 17, 2025, Mongolia’s parliament, the State Great Khural, reconvenes to tackle broad tax and social insurance reforms that could reshape the economy. Their success rests on addressing deep-rooted problems rather than applying quick fixes, with a sharper-than-expected slump in coal prices—a critical export—intensifying the stakes.
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