Overview
- On Friday, October 23, the Cabinet decided to withdraw the one‑time law that would have booked Oyu Tolgoi dividends into the 2027 budget.
- The Government had planned to record about 3 trillion MNT of dividends in 2027 with roughly 2 trillion MNT earmarked for energy and education projects and 1 trillion MNT for the National Wealth Fund (Hurimtal).
- An e‑Mongolia public consultation attracted roughly 95–96 thousand respondents, with the largest group favoring channeling proceeds through Hurimtal for health, education and housing while some MPs pushed for direct household payments.
- Parliament is separately debating a fiscal amendment to let state‑owned companies’ dividends be counted in the budget, a change whose sponsors estimate could add about 3,494.7 billion MNT of dividend revenue in 2027.
- The withdrawal leaves spending plans unresolved and sets up further work on Oyu Tolgoi negotiations to raise Mongolia’s share toward roughly 53% and on legal changes to manage dividend receipts and budget volatility.