The Mongolian Parliament, known as the State Great Khural, is the supreme legislative body of Mongolia. It consists of 76 members who are elected for four-year terms. The Parliament is responsible for making laws, approving the budget, and overseeing the government. The State Great Khural meets in the capital city, Ulaanbaatar. It plays a crucial role in shaping the country's policies and governance. The Parliament also has the authority to appoint the Prime Minister and other key officials, ensuring a balance of power within the Mongolian political system.