In 13 years, the Development Bank has had 8 CEOs and 11 board chairs. A bank that changes leaders this often can't be supervised properly. The system — not any one person — is the scandal.
Meanwhile the same bank raised $750 million abroad this summer — with no government guarantee. It markets itself overseas while its past is still being sorted in court at home.
The Development Bank's losses stand near ₮1 trillion. Two big court judgments — ₮74 billion and ₮173.9 billion against borrowers — remain unenforced. Stuck in failed auctions and collateral fights. The losses sit on the public's books.
Five years after the Development Bank probe began: one former MP is serving 6 years. Eight bank officials' convictions are final. But the board members' cases keep bouncing between courts since 2023 — acquitted, annulled, retried, annulled again. Where is the justice?
Mongolia's Constitution, Article 14.2: no one shall face discrimination for their faith. So the budget question is simple and fair: if taxpayer money funds one religion's institutions, what about Christians, Muslims, and everyone else?
We searched the accessible 2027 budget documents for religious funding — including the monastery line many ask about. No line item names any religious institution. The money may sit in annexes the public can't see. Taxpayers deserve line-by-line transparency.
One flag: the draft's ₮41.3 trillion revenue already exceeds the budget framework parliament approved in May (₮34.8 trillion). So framework amendments are moving alongside the bill. Watchdogs call this moving the goalposts.
In the 2027 draft, education jumps 74% to ₮7.5 trillion. Culture, sports, tourism and youth rise 64% to ₮822 billion. Big numbers. The question is always the same: will it reach the classroom?
Mongolia's 2027 budget reached parliament on Aug 31. Revenue: ₮41.3 trillion. Spending: ₮43.6 trillion. Still being debated — not law yet. This is the moment to read it. We will go through the numbers line by line.
Mongolia kept COVID out for 10 months. Zero deaths into early 2021 (WHO). The toll since passed 2,100 lives. Behind every number: a name, a family, an empty chair. Remember them. @WHOMongolia#COVID19#Mongolia#Remember
Mongolia's free 24/7 child helpline has taken 80,000+ calls. Over 30,000 were about child protection. A child who can call for help is a child with a chance. Fund the responders. @UNICEF_Mongolia#ChildProtection#EndViolence#Mongolia
Survival is low.
Only 7–9% of liver and lung cancer patients are alive after 5 years.
In Japan and Korea, stomach cancer found early means over half survive.
The lesson: screening saves lives.
Follow for the daily Mongolia health beat.
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Costs.
Health insurance is mandatory in Mongolia and covers cancer care with no copay.
An average household earns ₮2.8 million a month.
The average total family cost of cancer treatment is not officially reported.
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