Parliament passes 2012 budget

Parliament passed the 2012 state budget on Wednesday, barely beating a December 1 deadline.

The budget projects revenues of MNT 4.63 trillion and expenditures of MNT 4.86 trillion.

According to the budget, the President’s Office will be responsible for collecting MNT 20 million in revenues, the Speaker MNT 100 million, the Prime Minister MNT 830 billion, the State Property Committee MNT 814 billion, and the Nuclear Energy Authority nearly MNT 2 billion.

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