ID :
174642
Mon, 04/11/2011 - 17:18
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http://m.oananews.org//node/174642
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GENERAL GOV'T BUDGET IN STATISTICAL MIRROR
Ulaanbaatar, Mongolia /MONTSAME/ In the first quarter of 2011, total revenue and grants of the General Government Budget amounted to 925.4 billion togrog and total expenditure and net lending amounted to 821.5 billion togrog, representing surplus of 103.9 billion togrog in the General Government Budget overall balance.
Current revenue of the General Government Budget amounted to 902.7 billion togrog and current expenditure reached 739.8 billion togrog. Thus, the budget current balance was in surplus of 163.0 billion togrog.
Compared to the same period of the previous year, tax revenue increased by 319.6 billion togrog or 66.5 percent. The increase was mainly due to the increases of 18.6 billion togrog or 9.9 percent in income tax, 113.9 billion togrog or 77.6 percent in taxes on goods and services, 29.8 billion togrog or 94.6 percent in taxes on foreign trade, 124.5 billion togrog or 3.6 times in other taxes. Compared to the same period of the previous year, non-tax revenue increased by 43.5 billion togrog or 73.2 percent. The increase was mainly due to the increases of 26.8 billion togrog 85.7 percent in revenues from budget entities, 2.0 billion togrog or 32.8 percent in revenues from interest and fines, and 15.0 billion togrog in revenues from dividends.
In the first quarter of 2011, total expenditure and net lending of the General Government Budget increased by 157.4 billion togrog or 23.7 percent to 821.5 billion togrog compared to the same period the previous year. This was mainly due to increases of 66.3 billion togrog or 27.3 percent in expenditure of goods and services, 155.3 billion togrog or 59.3 percent in subsidies and transfers, and 5.6 billion togrog or 71.9 percent in interest payments, although there was 102.0 billion togrog or 92.6 percent decrease in other lending minus repayments.
Spending of 73.6 billion togrog on capital expenditure in the first quarter of 2011 was higher by 32.2 billion togrog 77.9 percent compared to the same period of the previous year. The increase in capital expenditure was due to the increases of 30.7 billion togrog or 75.4 percent in capital expenditure of domestic sources, and 1.5 billion togrog or 3.4 times in foreign financed capital expenditure.
B.Oyundelger
Current revenue of the General Government Budget amounted to 902.7 billion togrog and current expenditure reached 739.8 billion togrog. Thus, the budget current balance was in surplus of 163.0 billion togrog.
Compared to the same period of the previous year, tax revenue increased by 319.6 billion togrog or 66.5 percent. The increase was mainly due to the increases of 18.6 billion togrog or 9.9 percent in income tax, 113.9 billion togrog or 77.6 percent in taxes on goods and services, 29.8 billion togrog or 94.6 percent in taxes on foreign trade, 124.5 billion togrog or 3.6 times in other taxes. Compared to the same period of the previous year, non-tax revenue increased by 43.5 billion togrog or 73.2 percent. The increase was mainly due to the increases of 26.8 billion togrog 85.7 percent in revenues from budget entities, 2.0 billion togrog or 32.8 percent in revenues from interest and fines, and 15.0 billion togrog in revenues from dividends.
In the first quarter of 2011, total expenditure and net lending of the General Government Budget increased by 157.4 billion togrog or 23.7 percent to 821.5 billion togrog compared to the same period the previous year. This was mainly due to increases of 66.3 billion togrog or 27.3 percent in expenditure of goods and services, 155.3 billion togrog or 59.3 percent in subsidies and transfers, and 5.6 billion togrog or 71.9 percent in interest payments, although there was 102.0 billion togrog or 92.6 percent decrease in other lending minus repayments.
Spending of 73.6 billion togrog on capital expenditure in the first quarter of 2011 was higher by 32.2 billion togrog 77.9 percent compared to the same period of the previous year. The increase in capital expenditure was due to the increases of 30.7 billion togrog or 75.4 percent in capital expenditure of domestic sources, and 1.5 billion togrog or 3.4 times in foreign financed capital expenditure.
B.Oyundelger
