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IM Originals

PM’s 100 Days: Facts or Fiction

Khulan M.
September 29, 2025
September 29, 2025
yld

Prime Minister G.Zandanshatar marked his first 100 days in office on Friday, coinciding with Mongolia’s first-ever Tech Week event. The government used the occasion to highlight its achievements, particularly in digital transformation, while presenting numbers that raise questions about their accuracy and attribution.

☝️ Laying the Groundwork for “Digital First”

In his speech, the PM highlighted steps to build a digital economy, including a “Virtual Zone” for IT production, the approval of 7 “Digital First” principles, and the National Strategy for Big Data and AI with 74 recommendations. He also pointed to the rollout of “E-Mongolia 5.0,” aimed at fully digitizing e-documents as part of the broader “5D Strategy.”

🙈 Economic Claims VS Reality

The PM’s economic claims were less straightforward. He claimed his government cut ₮2.3 trillion from the budget in a week, turning a looming deficit into a surplus, while foreign exchange reserves hit $5.7 billion and GDP growth rose from 2.4% to 5.6%. But how could a budget cut in July affect first-half GDP growth?

  • 🤔 Yet the reality behind these numbers is more nuanced. First-half GDP growth predates the administration’s June budget cuts, and the rise in foreign exchange reserves largely reflects strong copper exports rather than fiscal measures. Copper accounted for 37.6% of total exports in the first 8 months, rivaling coal and helping to stabilize the economy.

🎯 The Road Ahead: 5D Strategy and “Digital First”

Looking forward, G.Zandanshatar has outlined a “5D Strategy” with sweeping ambitions:

  • Double GDP and exports within 10 years.
  • Double renewable energy capacity.
  • Ensure economic independence.
  • Fully digitize government services.
  • Expand the digital economy to new levels.

The vision is ambitious, but its credibility will hinge not on celebratory speeches or selective statistics, but on consistent policy implementation, realistic fiscal discipline, and the ability to turn resource-driven windfalls into sustainable growth.

Final words… So, yes, the PM and his team have shown themselves to be smart enough to shuffle statistics like chess pieces, hardly surprising for a leader who prides himself on the game, and in the process, they’ve painted a picture of a hero rescuing Mongolia from recession. But on the ground, Mongolia does not need a straight “A” PM skilled in selective arithmetic. What it needs is a leader capable of turning numbers into reality, beyond polished speeches and staged victories.

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