A public debate on the 2026 budget draft for the food and agriculture sector was held on August 11.
Agricultural land makes up 73% of Mongolia’s territory, but only 1 percent, about 700,000 hectares, is cultivated. The food, agriculture, and light industry sector contributes 35.6% of GDP and 6.5% of export revenue.
According to the State Secretary of the Ministry of Food, Agriculture, and Light Industry T.Jambaltseren, the Ministry has allocated MNT 99.6 billion in the 2026 budget for implementing the national food program. Of this, 84.5% will go toward interest discounts on loans issued in 2023–2025, while MNT 14.1 billion is designated for subsidies.
The subsidies will include a cash bonus for each liter of liquid milk supplied during the winter to meet the food needs of Ulaanbaatar and other central areas.
A public debate on the 2026 budget draft for the food and agriculture sector was held on August 11.
Agricultural land makes up 73% of Mongolia’s territory, but only 1 percent, about 700,000 hectares, is cultivated. The food, agriculture, and light industry sector contributes 35.6% of GDP and 6.5% of export revenue.
According to the State Secretary of the Ministry of Food, Agriculture, and Light Industry T.Jambaltseren, the Ministry has allocated MNT 99.6 billion in the 2026 budget for implementing the national food program. Of this, 84.5% will go toward interest discounts on loans issued in 2023–2025, while MNT 14.1 billion is designated for subsidies.
The subsidies will include a cash bonus for each liter of liquid milk supplied during the winter to meet the food needs of Ulaanbaatar and other central areas.