Budget deficit to be less than 9.8 % of GDP

Sh. Saikhanbileg, Leader of DP fraction, informed media that upon consideration of the revised state budget, the fraction concluded that the budget deficit for 2011 shall not exceed 9.8 percent of GDP. The DP fraction views that objective is achievable if MPP and DP bloc collaborates towards the objective of keeping budget deficit at a reasonable level, asserts Sh. Saikhanbileg