Draft bills to amend budget laws submitted

Ulaanbaatar /MONTSAME/ Economic Development Minister N.Batbayar Thursday submitted to Deputy Speaker of the State Great Khural R.Gonchigdorj four draft bills. They are amendments to the laws on 2013 budget, to the same year's Social Insurance Fund, Human Development Fund, and to a law on Government special fund. The amendment to the 2013 budget has became imminent as the overall budget deficit has been estimated to reach 1,522.0 billion MNT surpassing three percent of GDP by the end of 2013, thus making the related law impracticable.