CITY COUNCIL DISCUSSED THE DRAFT BUDGET OF ULAANBAATAR FOR 2026

CITY COUNCIL DISCUSSED THE DRAFT BUDGET OF ULAANBAATAR FOR 2026

 

The City council held the first reading of the Capital City’s 2026 draft budget, reviewing sectoral investment plans and newly proposed projects, while also addressing questions and comments from members.

 Key Budget Figures

                Total budget: MNT 4.2 trillion

                Base revenue: MNT 3.49 trillion

                Capital expenditure: MNT 1.7 trillion

                Local Development Fund (ONHS): MNT 42.6 billion

Investment Priorities

                Ger district redevelopment and housing

                Public transport reform (tram system, connector roads)

                Air and environmental pollution reduction

                Expanding school and kindergarten access

                Completion of ongoing major infrastructure projects

Public Private Partnership (PPP) Projects

In 2025, contracts for TPP-5 and the Waste-to-Energy Plant were finalized.

In 2026, the city will continue implementing 16 PPP projects, including:

                Hunnu City 90 MW energy storage station

                UG Arena

                Ulaanbaatar Tramway

                Transit hotel complex

 Members highlighted that human development initiatives remain insufficient, while the budget for data center and software solutions is relatively high, emphasizing the need to focus more on foundational infrastructure investments

 “Ulaanbaatar Investment & Management Securities Company (UBIM)” LLC continues to contribute to improving the quality of life for the residents of Ulaanbaatar by connecting major urban development projects with financing, and by introducing transparent, sustainable and accessible investment models that support long-term, inclusive city growth.