ID :
110866
Wed, 03/10/2010 - 14:48
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Shortlink :
https://oananews.org//node/110866
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GENERAL GOVERNMENT BUDGET IN STATISTICS
Ulaanbaatar, /MONTSAME/ In the first two months of 2010, the total revenue and grants of the General Government budget amounted to MNT 326.7 billion and total expenditure and the net lending were MNT 378.1 billion representing a deficit of MNT 51.4 billion in the General Government budget overall balance. The lower deficit by MNT 60.8 billion against the same period of the previous year was due to total revenue increase, which was by 53.8 point higher than the total expenditure increase.
The current revenue of the General Government budget amounted to MNT 311.8 billion and the current expenditure reached MNT 348.4 billion. Thus, the budget current balance was in deficit of MNT 36.6 billion. Against the previous year, the tax revenue increased by MNT 119.9 billion or 74.8 per cent. This was mainly due to increases of MNT 37.0 billion or 227.4 times in windfall tax revenue, of MNT 33.5 billion or 2.2 times in corporate income tax revenue, and MNT 14.4 billion or 34.6 per cent in value added tax revenue.
Against the previous year, the non-tax revenue increased by MNT 15.0 billion or 91.3 per cent. This was mainly due to increase of MNT 5.3 billion or 5.2 times in navigation revenue and MNT 8.6 billion or 2.0 times in revenues from budget entities.
Against the previous year, the total expenditure and the net lending of the General Government budget reached MNT 378.1 billion which is reflecting the increase of MNT 88.7 billion and 30.7 per cent. This was mainly due to increase of MNT 74.6 billion or 60.8 times in subsidies and transfers, in the first two months of 2010. In the first two months of 2010, the spending of MNT 23.6 billion for the capital expenditure rose by MNT 6.2 billion or 35.8 per cent over the same period of the previous year. Increase in capital expenditure was due to the increase of MNT 7.7 billion or 49.9 per cent in domestic sources of the capital expenditure.
In the fourth quarter of 2009, the current account deficit of the Balance of Payments equaled to 137.2 million US dollars. Against the previous year, the current account deficit decreased by 156.4 million US dollars or 53.3 per cent. The deficit of the Goods balance reached to 15.6 million US dollars, against the previous year, the deficit of the Goods balance decreased by 207.6 million US dollars or 93.0 per cent. In the fourth quarter of 2009, the capital and financial account surplus equaled to 363.3 million US dollars and increased by 55.0 million US dollars or 17.8 per cent compared to the same period of the previous year.
B.Khuder
The current revenue of the General Government budget amounted to MNT 311.8 billion and the current expenditure reached MNT 348.4 billion. Thus, the budget current balance was in deficit of MNT 36.6 billion. Against the previous year, the tax revenue increased by MNT 119.9 billion or 74.8 per cent. This was mainly due to increases of MNT 37.0 billion or 227.4 times in windfall tax revenue, of MNT 33.5 billion or 2.2 times in corporate income tax revenue, and MNT 14.4 billion or 34.6 per cent in value added tax revenue.
Against the previous year, the non-tax revenue increased by MNT 15.0 billion or 91.3 per cent. This was mainly due to increase of MNT 5.3 billion or 5.2 times in navigation revenue and MNT 8.6 billion or 2.0 times in revenues from budget entities.
Against the previous year, the total expenditure and the net lending of the General Government budget reached MNT 378.1 billion which is reflecting the increase of MNT 88.7 billion and 30.7 per cent. This was mainly due to increase of MNT 74.6 billion or 60.8 times in subsidies and transfers, in the first two months of 2010. In the first two months of 2010, the spending of MNT 23.6 billion for the capital expenditure rose by MNT 6.2 billion or 35.8 per cent over the same period of the previous year. Increase in capital expenditure was due to the increase of MNT 7.7 billion or 49.9 per cent in domestic sources of the capital expenditure.
In the fourth quarter of 2009, the current account deficit of the Balance of Payments equaled to 137.2 million US dollars. Against the previous year, the current account deficit decreased by 156.4 million US dollars or 53.3 per cent. The deficit of the Goods balance reached to 15.6 million US dollars, against the previous year, the deficit of the Goods balance decreased by 207.6 million US dollars or 93.0 per cent. In the fourth quarter of 2009, the capital and financial account surplus equaled to 363.3 million US dollars and increased by 55.0 million US dollars or 17.8 per cent compared to the same period of the previous year.
B.Khuder
