ID :
141867
Mon, 09/13/2010 - 19:15
Auther :
Shortlink :
http://m.oananews.org//node/141867
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TAX REVENUE AND CAPITAL EXPENDITURE IN STATISTICAL MIRROR
Ulaanbaatar, Mongolia, /MONTSAME/ Tax revenue increased by MNT 641.8 billion or 70.0 per cent against the previous year.
The increase was mainly due to increase of MNT 166.0 billion or 3.7 times in windfall tax on some products, and of MNT 112.1 billion or 95.4 per cent in corporate income tax and of MNT 129.3 billion or 62.5 per cent in value added tax. Compared to the same period of the previous year, non-tax revenue decreased by MNT 27.4 billion or 13.3 per cent, out of which revenues from oil petroleum up by MNT 21.1 billion or 5.1 times and other revenues up by MNT 16.0 billion or 22.7 times, although the revenues from dividends decreased by MNT 83.7 billion or 92.5 per cent.
Spending of MNT 277.9 billion on capital expenditure in the first eight months of 2010 was higher by MNT 62.5 billion or 29.0 per cent over the same period of 2009. The increase in capital expenditure was caused by an increase of MNT 68.9 billion or 34.1 per cent in capital expenditure of domestic sources, although the foreign financed capital expenditure decreased by MNT 6.4 billion or 49.0 per cent.
B.Khuder
The increase was mainly due to increase of MNT 166.0 billion or 3.7 times in windfall tax on some products, and of MNT 112.1 billion or 95.4 per cent in corporate income tax and of MNT 129.3 billion or 62.5 per cent in value added tax. Compared to the same period of the previous year, non-tax revenue decreased by MNT 27.4 billion or 13.3 per cent, out of which revenues from oil petroleum up by MNT 21.1 billion or 5.1 times and other revenues up by MNT 16.0 billion or 22.7 times, although the revenues from dividends decreased by MNT 83.7 billion or 92.5 per cent.
Spending of MNT 277.9 billion on capital expenditure in the first eight months of 2010 was higher by MNT 62.5 billion or 29.0 per cent over the same period of 2009. The increase in capital expenditure was caused by an increase of MNT 68.9 billion or 34.1 per cent in capital expenditure of domestic sources, although the foreign financed capital expenditure decreased by MNT 6.4 billion or 49.0 per cent.
B.Khuder
