Overview

• Russia’s finance minister said the oil price used for budget calculations will drop by $1 each year from 2026 to reach $55 in 2030 to tighten fiscal rules.
• To plug this year’s gap, Moscow will withdraw 447 billion rubles from the National Wealth Fund after weaker energy receipts, with Reuters estimating oil and gas revenue down 20.5% in the first nine months.
• Mongolia’s Parliament is debating the 2026 budget with large allocations for health and education, major energy investments, and a 6% rise in social insurance and welfare pensions.
• The Financial Regulatory Commission directed the Mongolian Stock Exchange to verify that Gobi JSC’s proposed conversion and share buyback meet legal and market standards and signaled it will not allow delisting if minority shareholders are underpriced.
• Ulaanbaatar’s chief architect outlined preservation-first rules for renewing the historic city center without increasing building heights, and city environmental officials launched staffing and patrols for the Sept 20–Nov 10 autumn dry season.