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Kh.Gankhuyag, Deputy Prime Minister, provided information regarding the approval of the 2026 Budget Law.
According to him, when approving the budget, not a single tugrik was cut from child benefits, civil servant salaries, health sector performance financing, insurance fund financing, social insurance, or disaster and emergency sector funding.
He noted that a flat 12.8% was applied to the budgets of general managers of organizations, except those in the science sector. This budget has reduced the state structure and made it more business-friendly.
Kh.Gankhuyag also stated that some members had proposed increasing the state budget and expenditures by MNT 570 billion. He emphasized that such a move would be equivalent to printing money, and therefore, the proposal was not accepted.
Kh.Gankhuyag, Deputy Prime Minister, provided information regarding the approval of the 2026 Budget Law.
According to him, when approving the budget, not a single tugrik was cut from child benefits, civil servant salaries, health sector performance financing, insurance fund financing, social insurance, or disaster and emergency sector funding.
He noted that a flat 12.8% was applied to the budgets of general managers of organizations, except those in the science sector. This budget has reduced the state structure and made it more business-friendly.
Kh.Gankhuyag also stated that some members had proposed increasing the state budget and expenditures by MNT 570 billion. He emphasized that such a move would be equivalent to printing money, and therefore, the proposal was not accepted.