On March 28, the Ulaanbaatar City Council approved amendments to the 2025 capital city budget following extensive discussions by working committees, party caucuses, and the general assembly. The revisions aim to strengthen fiscal discipline and support 24 large-scale development projects crucial to the city’s growth.
As part of the amendments, the total budget resources have been reduced by 195 billion MNT due to adjusted revenue projections. The city’s direct budget revenue is expected to reach more than 1.6 trillion MNT, while the overall capital city budget revenue stands at approximately 4.1 trillion MNT. The total available budget resources amount to over 6.7 trillion MNT. Expenditures have been carefully restructured, with 1.3 trillion MNT allocated for current expenses and 4.4 trillion MNT directed toward budget investments. The six central districts of the capital are expected to generate 1.4 trillion MNT in revenue, while 16.4 billion MNT will be allocated to support the three remote districts of Baganuur, Bagakhangai and Nalaikh.
The total revenue of the capital city budget is projected at 1.68 trillion MNT. This includes tax revenue of 1.08 trillion MNT, non-tax revenue of 583 billion MNT, and 24 billion MNT from Local Development Fund transfers. Additional income sources include revenue collected by other organizations, funds generated by budget organizations, and other miscellaneous sources.
On the expenditure side, 5.7 trillion MNT have been earmarked for various projects and administrative costs. The City Council has been allocated 65 billion MNT, while the National Development and Reform Commission will oversee 5.7 trillion MNT in expenditures. Current expenses are set at 1.2 trillion MNT, with capital investments amounting to 1 trillion MNT. Road infrastructure will receive 152 billion MNT from the Road Fund, while 1.9 trillion MNT from Capital Securities funds will be used to finance long-term projects. Public transportation development is allocated 29 billion MNT, and 543 billion MNT will be invested throughout the year. The total capital expenditure stands at 4.4 trillion MNT, with 16 billion MNT designated to support district-level finances.
These amendments reflect the city’s strategic focus on improving financial efficiency while ensuring that critical development projects move forward. Officials emphasize the importance of maintaining fiscal responsibility, strengthening revenue generation, and ensuring transparent use of funds. By revising the budget, the city aims to balance economic stability with essential infrastructure and public service investments. The approval of these amendments marks a significant step in Ulaanbaatar’s 2025 financial strategy, setting the stage for sustainable urban development and economic resilience.
