ID :
145726
Tue, 10/12/2010 - 14:28
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http://m.oananews.org//node/145726
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GENERAL GOVERNMENT BUDGET
Ulaanbaatar, Mongolia, /MONTSAME/ In the first 9 months of 2010, total revenue and grants of the General Government Budget amounted to 2,058.6 bln.tog, and total expenditure and net lending--to 2,078.2 bln.tog, representing a deficit of 19.7 bln.tog in the General Government Budget overall balance, down by 312.8 bln.tog or 16.9 times compared to the same period of the previous year.
Current revenue of the General Government amounted to 2,019.6 bln.tog and current expenditure reached 1,524.4 bln.tog in the first 9 months of 2010. Thus, the budget current balance was in profit of 495.2 bln.tog.
Compared to the same period of 2009, tax revenue increased 734.3 bln.tog or 68.6 percent mainly due to increase of 179.8 bln.tog or 3.0 times in windfall tax on some products, and of 131.7 bln.tog or 2.1 times in corporate income tax and of 153.8 bln.tog or 65.0 percent in value added tax.
Compared to the same period of 2009, non-tax revenue decreased 31.1 bln.tog or 12.7 percent, out of which revenues from oil petroleum up by 22.4 bln.tog or 3.6 times and other revenues up by 18.8 bln.tog or 2.7 times, although the revenues from dividends decreased by 80.3 bln.tog or 88.2 percent.
Total expenditure and net lending of the General Government Budget increased by 414.3 bln.tog or 24.9 percent to 2,078.2 bln.tog in the first 9 months of 2010, compared to the same period of the previous year. This was mainly due to increase of 169.7 bln.tog or 30.6 percent in subsidies and transfers, and 61.8 bln.tog or 23.6 percent in purchase of other goods and services.
Spending of 331.8 bln.tog on capital expenditure in the first 9 months of 2010 was higher by 67.5 bln.tog or 25.5 percent over the same period of the previous year. The increase in capital expenditure was due to an increase of 72.6 bln.tog or 29.0 percent in capital expenditure of domestic sources, although the foreign-financed capital expenditure decreased by 5.1 bln.tog or 37.2 percent.
B.Khuder
Current revenue of the General Government amounted to 2,019.6 bln.tog and current expenditure reached 1,524.4 bln.tog in the first 9 months of 2010. Thus, the budget current balance was in profit of 495.2 bln.tog.
Compared to the same period of 2009, tax revenue increased 734.3 bln.tog or 68.6 percent mainly due to increase of 179.8 bln.tog or 3.0 times in windfall tax on some products, and of 131.7 bln.tog or 2.1 times in corporate income tax and of 153.8 bln.tog or 65.0 percent in value added tax.
Compared to the same period of 2009, non-tax revenue decreased 31.1 bln.tog or 12.7 percent, out of which revenues from oil petroleum up by 22.4 bln.tog or 3.6 times and other revenues up by 18.8 bln.tog or 2.7 times, although the revenues from dividends decreased by 80.3 bln.tog or 88.2 percent.
Total expenditure and net lending of the General Government Budget increased by 414.3 bln.tog or 24.9 percent to 2,078.2 bln.tog in the first 9 months of 2010, compared to the same period of the previous year. This was mainly due to increase of 169.7 bln.tog or 30.6 percent in subsidies and transfers, and 61.8 bln.tog or 23.6 percent in purchase of other goods and services.
Spending of 331.8 bln.tog on capital expenditure in the first 9 months of 2010 was higher by 67.5 bln.tog or 25.5 percent over the same period of the previous year. The increase in capital expenditure was due to an increase of 72.6 bln.tog or 29.0 percent in capital expenditure of domestic sources, although the foreign-financed capital expenditure decreased by 5.1 bln.tog or 37.2 percent.
B.Khuder
