MONGOLIA’S ECONOMIC OVERVIEW  JANUARY 2026

In January 2026, Mongolia’s economy showed positive signals driven by growth in foreign exchange reserves, capital market activity, off budget financing, and increased momentum in infrastructure projects.
💰 Foreign exchange reserves exceeded USD 7 billion, strengthening macroeconomic stability.
📈 Activity in the capital market increased as bonds and securities issuance expanded, enabling local governments and mega projects to enter a new phase of financing.
🏗️ Major infrastructure projects in Ulaanbaatar (energy, transport, water supply, and wastewater) accelerated into implementation stages, with broader private sector participation.
🌱 Green development and sustainable finance projects are transitioning from planning to tangible implementation.
🇲🇳 UBIM, is actively working to attract investment to the city’s strategic projects, structure financing solutions, and organize public private partnerships within this framework.

➡️ 2026 is shaping up to be a year in which economic growth will be secured through real investment and construction activity.