ID :
137018
Tue, 08/10/2010 - 16:25
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GENERAL GOVERNMENT BUDGET
Ulaanbaatar, Mongolia, /MONTSAME/ In July this year, there were 20 trading days and 2.3 million shares valued MNT 3.1 billion were traded.
In the first seven months of 2010, total revenue and grants of the General Government Budget (GGB) amounted to
MNT 1,484.0 billion, total expenditure and net lending amounted to MNT 1,613.4 billion, representing a deficit of MNT 129.4 billion in the GGB overall balance, which down by MNT 152.2 billion against the previous year.
Current revenue of GGB amounted to MNT 1449.3 billion and current expenditure reached MNT 1250.8 billion. Thus, the budget current balance was in profit of MNT 198.5 billion.
Compared to the same period of the previous year, tax revenue increased by MNT 513.2 billion or 65.5 per cent. The increase was mainly due to increase of MNT 106.7 billion or 3.3 times in windfall tax on some products, and of MNT 117.1 billion or 2.3 times in corporate income tax and of MNT 110.0 billion or 62.9 per cent in value added tax.
Compared to the same period of the previous year, nontax revenue decreased by MNT 39.5 billionor 20.5 per cent, out of which revenues from oil petroleum up by MNT 18.1 billion or 5.2 times and other revenues up by MNT 12.9 billion or 2.5 times, although the revenues from dividends decreased by MNT 84.0 billion or 93.5 per cent.
Total expenditure and net lending of the GGB increased by MNT 341.6 billion or 26.9 per cent to 1613.4 bln.tog in the first seven months of 2010 against the previous year. This was mainly due to increase of MNT 195.6 billion or 45.4 per cent in subsidies and transfers; and MNT 41.1 billion or 20.1 per ent in purchase of other goods and services.
Sending of MNT 214.3 billion on capital expenditure in the first seven months of 2010 was higher by MNT 48.7 billion or 29.4 per cent over the same period of the previous year. Increase in capital expenditure was due to an increase of MNT 53.0 billion or 34.1 per cent in capital expenditure of domestic sources, although the foreign financed capital expenditure decreased by MNT 4.3 billion or 42.2 per cent.
J.Bolortamir
In the first seven months of 2010, total revenue and grants of the General Government Budget (GGB) amounted to
MNT 1,484.0 billion, total expenditure and net lending amounted to MNT 1,613.4 billion, representing a deficit of MNT 129.4 billion in the GGB overall balance, which down by MNT 152.2 billion against the previous year.
Current revenue of GGB amounted to MNT 1449.3 billion and current expenditure reached MNT 1250.8 billion. Thus, the budget current balance was in profit of MNT 198.5 billion.
Compared to the same period of the previous year, tax revenue increased by MNT 513.2 billion or 65.5 per cent. The increase was mainly due to increase of MNT 106.7 billion or 3.3 times in windfall tax on some products, and of MNT 117.1 billion or 2.3 times in corporate income tax and of MNT 110.0 billion or 62.9 per cent in value added tax.
Compared to the same period of the previous year, nontax revenue decreased by MNT 39.5 billionor 20.5 per cent, out of which revenues from oil petroleum up by MNT 18.1 billion or 5.2 times and other revenues up by MNT 12.9 billion or 2.5 times, although the revenues from dividends decreased by MNT 84.0 billion or 93.5 per cent.
Total expenditure and net lending of the GGB increased by MNT 341.6 billion or 26.9 per cent to 1613.4 bln.tog in the first seven months of 2010 against the previous year. This was mainly due to increase of MNT 195.6 billion or 45.4 per cent in subsidies and transfers; and MNT 41.1 billion or 20.1 per ent in purchase of other goods and services.
Sending of MNT 214.3 billion on capital expenditure in the first seven months of 2010 was higher by MNT 48.7 billion or 29.4 per cent over the same period of the previous year. Increase in capital expenditure was due to an increase of MNT 53.0 billion or 34.1 per cent in capital expenditure of domestic sources, although the foreign financed capital expenditure decreased by MNT 4.3 billion or 42.2 per cent.
J.Bolortamir
