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2024-08-17
Mongolian Prime Minister Oyun-Erdene today presented the government’s action plan for 2024-2028 to parliament.
Dear Mongolians!
Chairman of the Mongolian Great Khural, distinguished members!
Since the transition to a democratic parliamentary system, we Mongolians have conducted the ninth National Assembly election in a mixed system in accordance with the principle of not losing voters’ votes, and for the first time elected 126 members from proportional and regional constituencies.

For the first time, representatives of five political parties had seats in parliament, and the proportion of women rose to 25%, exceeding the regional average. The results of the study show that the election of citizens with disabilities, academics, experts and citizens living abroad to the legislature has opened a new 30 years in terms of political culture and created new expectations in society to quickly resolve development issues.
Respecting social expectations, as Prime Minister, he proposed to the Democratic Party and the People’s Party, which jointly decided on a mixed electoral system, to form a joint government, and to prominently define the government’s action agenda that reflected the agenda of other parties, and strived to respect the votes of all voters.
The courage of democratic revolutionary leader Sanjay Suren
National interests come first.
Party interests come second
· The basic principle is to declare that personal interests are the bottom line.
The three parties signed the “Dare to Move Fast” agreement and submitted the government’s action plan for 2024-2028 to Congress.
The whole plan can be considered as a special provision of the long-term policy of Mongolia “New Renaissance” combined with “Vision 2050”, which aims to quickly solve development problems and untie the knot of projects that have been stuck in political difficulties for many years. policies and platforms of all parties.
Global economic growth is expected to remain at 3.2% and 3.3% in 2024 and 2025. However, the regional economy will grow by 5.1% in 2023 and slow down to 4.8% in 2024. For Mongolia, if the economy can grow by an average of 5% to 8%, we can work together to fully implement this plan.
It should not be forgotten that international researchers warned in advance about the risks of changes to the above forecasts, such as trade wars triggered by a difficult geopolitical situation, financial sanctions, and natural disasters caused by climate change.
It is also important to note that the government’s plan for the next four years coincides with a period of intensive development of artificial intelligence, which is changing the way humans live on the scale of the fifth industrial revolution. In short, it is a great challenge and opportunity to predict how the positive and negative impacts beyond our imagination will affect the socio-economic life of our region and country.
It took only about 30 years from the first industrial revolution, which invented the steam engine and introduced mechanized technology to replace manual labor, to the second industrial revolution, which invented the internal combustion engine, introduced cars and airplanes, introduced energy consumption, and developed large-scale production, to the third industrial revolution, which introduced electronic computers or digital technology, to the fourth industrial revolution, which introduced the Internet and smart technology.
With the rapid development of science and technology, the development time of AI-based artificial intelligence will be several times faster than this. We should be prepared to welcome the fifth or even sixth industrial revolution.
In addition, the life of our main export product, coal, is less than 10 years, and we must take bold steps towards economic diversification. That is why the government has proposed a four-year plan of 577 activities, four groups, four major areas, and four goals, rather than pursuing development.
The implementation of the plan will require investment resources of about 120 trillion tugriks. Only 12.3% of this can be funded by the state budget. Therefore, the basic idea of the plan can be considered to be aimed at using state budget funds as a wheel to proliferate, encourage and activate the private sector and improve the investment legal environment to international standards.
Forming human resources with scientific, technological, educational, labor market compatibility, international expert cooperation capabilities, timely formulation of policies, planning, rapid decision-making based on big data, and promoting green technological transformation in mining, energy, transportation logistics, etc. We believe that by doing this in the construction industry, we will be able to fully implement this plan.
Mr. Chairman of the State Assembly, dear members of the Legislative Yuan!

The government’s action plan reflects the complex issues of regional development reform. Within the framework of regional development policy, it aims to dismantle the excessive concentration of state power centered on the capital’s 700-hectare area and address the root causes of congestion in the capital.
The government has developed the Capital Development Plan 2040, which proposes a comprehensive solution for “living” urban planning and sets a new standard for people to access all social services within 20 minutes, which is consistent with Mongolia’s long-term development policy “Vision 2050” and will be submitted to the Great Khural this year.
It takes courage to quickly resolve the problems that have plagued the capital for years. In addition, capital investment over the past 30 years needs to triple in the next three years.
It will take only 20 minutes to get from the center of the capital to the new Kush Valley Airport. To this end, a “Going Mongolia” cable-stayed bridge will be built from the city center to the mouth of the Kushg River, and a two-way tunnel will be built in the Kushg Valley from the mouth of the Kushg River directly to the airport. The “New Ring Road” project will be implemented to connect the roads of Ulaanbaatar city.
The development will start from the Tuul highway. It will bypass the Bogdan Mountains and connect the cities of Terelj, Naleh, Mydar, Zuunmod, Kushig Valley, Algalante-Emirt, Jagalante and Lashant. The technical and economic basis of the “New Grand Ring Island” highway or light rail project and the cost of preparing the budget are included in the budget table. The government will support the implementation of the “Metro Line 1” project from Tolgoi to Amgalan with a total length of 17.7 kilometers, which was initiated by the capital.
The capital, Ulaanbaatar, will expand to the central region through the Kush River Valley, and organize the reconstruction of the ancient capitals of Khar and Rum in the central part of the country.
Through the National Wealth Fund, the national housing program will be strengthened in line with the regional development policy. In order to lead the large-scale development of this new settlement and develop the private sector, the regionalization of government institutions will be carried out in stages.
Obviously, the main way to solve the excessive concentration of capital is the regional development of the country. This is also related to the fact that for the first time, parliamentary elections will be organized by local constituencies. Recently, when I met with members of parliament and exchanged views on the content of the program, we found that the scale of the issues discussed has increased significantly compared to previous years. The Prime Minister is very grateful for the fact that the political culture of evenly distributing the state budget among all local units has ended and the foundation has been laid for the regions to develop their own economic opportunities.
The government has incorporated into the plan the diversification and secondary priorities of social and economic development in each region. As we all know, without this diversification, the investment will be wasted and there will be no real effect! So we should also be brave enough to develop quickly.
· The Khangai region is known as a “sub-region of traditional animal husbandry specialization and urban development”.
The western region is positioned as a “diversified energy and natural tourism sub-region.”
The northern region has been identified as a “specialized industry zone for natural tourism.”
The Govi region has been designated as a “specialised industrial and green energy sub-region”.
The central region is called the “specialized agricultural and industrial sub-region.”
It is considered appropriate to develop the eastern region into a “sub-region of characteristic historical tourism and intensive agriculture”.
To support the regional economic cycle, the focus will be on the construction of the regional development “TAVAN TOIROG” road connecting the provincial center to the border ports and between the provincial centers. This clarification has clarified the funding sources for regional development construction preparation, updating the preliminary feasibility study report, preparing the budget, and starting the research work. We must have a race in the fall and winter to ensure that we are ready to start construction next spring.
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