GENERAL GOVERNMENT BUDGET AMOUNTED TO 1,465.8 BILLION TOGROG
Ulaanbaatar, Mongolia /MONTSAME/ In the first 4 months of 2012, total equilibrated revenue and grants of the General Government Budget amounted to 1,465.8 billion togrog and total expenditure and net lending amounted to 1,513.8 billion togrog, representing deficit of 48.0 billion togrog in the equilibrated balance of General Government Budget.
Current revenue of the General Government Budget amounted to 1,460.8 billion togrog and current expenditure reached 1,231.9 billion togrog. Thus, the budget equilibrated current balance was in surplus of 229.0 billion togrog.
Compared to same period of 2011, tax revenue increased by 229.7 billion togrog or 21.5 percent due to the increases of 102.0 billion togrog or 27.5 percent in taxes on goods and services, 67.8 billion togrog or 55.9 percent in social security contribution, 35.1 billion togrog or 12.8 percent in income tax, 14.6 billion togrog or 6.9 percent in other taxes and 8.8 billion togrog or 9.9 percent in taxes on foreign trade.
Compared to same period of the previous year, non-tax revenue increased by 35.4 billion togrog or 28.3 percent due to the increases of 28.0 billion togrog or 48.8 percent in revenues from budget entities, 8.7 billion togrog or 89.4 percent in revenues from others, 3.7 billion togrog or 32.9 percent in revenues from interest, 3.2 billion togrog or 22.7 percent in revenues from oil petroleum and 1.9 billion togrog or 16.3 percent in navigation fee, although there was decreases of 10.3 billion togrog or 50.1 percent in revenues from dividends.
In the first 4 months of 2012, total expenditure and net lending of the General Government Budget increased by 364.3 billion togrog or 31.7 percent to 1,513.8 billion togrog compared to same period of the previous year due to increases of 129.9 billion togrog or 2.0 times in capital expenditure, 116.6 billion togrog or 27.7 percent in expenditure of goods and services, 93.1 billion togrog or 16.1 percent in subsidies and transfers, 16.9 billion togrog or 2.8 times in lending minus repayments and 7.7 billion togrog or 46.7 percent in interest payments.
Spending of 255.4 billion togrog on capital expenditure increased by 129.9 billion togrog or 2.0 times compared to same period of the previous year due to increases of 125.8 billion togrog or 2.0 times in capital expenditure of domestic sources and 4.1 billion togrog or 2.3 times in foreign financed capital expenditure, compared to same period of the previous year.
B.Oyundelger
Current revenue of the General Government Budget amounted to 1,460.8 billion togrog and current expenditure reached 1,231.9 billion togrog. Thus, the budget equilibrated current balance was in surplus of 229.0 billion togrog.
Compared to same period of 2011, tax revenue increased by 229.7 billion togrog or 21.5 percent due to the increases of 102.0 billion togrog or 27.5 percent in taxes on goods and services, 67.8 billion togrog or 55.9 percent in social security contribution, 35.1 billion togrog or 12.8 percent in income tax, 14.6 billion togrog or 6.9 percent in other taxes and 8.8 billion togrog or 9.9 percent in taxes on foreign trade.
Compared to same period of the previous year, non-tax revenue increased by 35.4 billion togrog or 28.3 percent due to the increases of 28.0 billion togrog or 48.8 percent in revenues from budget entities, 8.7 billion togrog or 89.4 percent in revenues from others, 3.7 billion togrog or 32.9 percent in revenues from interest, 3.2 billion togrog or 22.7 percent in revenues from oil petroleum and 1.9 billion togrog or 16.3 percent in navigation fee, although there was decreases of 10.3 billion togrog or 50.1 percent in revenues from dividends.
In the first 4 months of 2012, total expenditure and net lending of the General Government Budget increased by 364.3 billion togrog or 31.7 percent to 1,513.8 billion togrog compared to same period of the previous year due to increases of 129.9 billion togrog or 2.0 times in capital expenditure, 116.6 billion togrog or 27.7 percent in expenditure of goods and services, 93.1 billion togrog or 16.1 percent in subsidies and transfers, 16.9 billion togrog or 2.8 times in lending minus repayments and 7.7 billion togrog or 46.7 percent in interest payments.
Spending of 255.4 billion togrog on capital expenditure increased by 129.9 billion togrog or 2.0 times compared to same period of the previous year due to increases of 125.8 billion togrog or 2.0 times in capital expenditure of domestic sources and 4.1 billion togrog or 2.3 times in foreign financed capital expenditure, compared to same period of the previous year.
B.Oyundelger
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