Parliament passes 2011 revised budget

Parliament discussed ultimate version of 2011 revised budget and passed it on Friday. Budget income increases by MNT615 billion and its expenditure raises by MNT824 billion along the revise. Budget deficit is 9.6 percent of GDP.

The Government submitted budget revise along budget profit of MNT250 billion in the end of July to Parliament with the aim of investment support. Some MPs opposed budget revise because of latter discussion.

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