ID :
133582
Mon, 07/19/2010 - 17:56
Auther :

STOCK EXCHANGE AND GENERAL GOVERNMENT BUDGET IN STATISTICS

Ulaanbaatar, Mongolia, /MONTSAME/ In June of this year, there were 21 trading days and 1.6 million shares valued at MNT 1.2 billion were traded.
The number of shares traded decreased by 4.8 million shares or 4.1 times compared to May 2010 and by 10.5 million shares or 7.8 per cent compared to the same period of the previous year.
In the first half of 2010, total revenue and grants of General Government budget (GGB) amounted to MNT 1239.6 billion and total expenditure and net lending amounted to MNT 1407.1 billion, representing a deficit of MNT 167.5 billion in the GGB overall balance, which is down by MNT 93.8 billion against the previous year.
Current revenue of GGB amounted to MNT 1205.6 billion and current expenditure reached MNT 1101.0 billion. Thus, the budget current balance was in profit of MNT 104.6 billion.
Tax revenue increased by MNT 427.6 billion or 66.2 per cent. The increase was mainly due to increase of MNT 99.7 billion or 4.2 times in price increase tax of some products, and of MNT 82.7 billion or 2.1 times in corporate income tax and of MNT 99.1 billion or 69.0 per cent in value added tax, against the previous year.
Compared to the same period of the previous year, nontax revenue decreased by MNT 46.9 billion or 26.2 per cent, out of which revenues from oil petroleum up by MNT 17.4 billion or 20.1 times and other revenues up by MNT 12.1 billion or 2.6 times, although the revenues from dividends decreased by MNT 85.5 billion or 95.2 per cent. Total expenditure and net lending of the GGB increased by MNT 319.6 billion or 29.4 per cent in the first half of 2010 against the previous year. This was mainly due to an increase of MNT 177.9 billion or 48.6 per cent in subsidies and transfers, and MNT 36.9 billion or 20.7 per cent in purchase of other goods and services.
Spending of MNT 172.5 billion on capital expenditure in the first half of 2010 was higher by MNT 62.6 billion or 57.0 per cent over the same period of the previous year. The increase in capital expenditure was due to an increase of MNT 71.3 billion or 71.4 per cent in capital expenditure of domestic sources, although the foreign financed capital expenditure decreased by MNT 8.7 billion or 87.4 per cent.
B.Khuder
13.32

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