PARLIAMENT APPROVES AMENDMENTS TO LAWS ON BUDGETS

Ulaanbaatar, Mongolia /MONTSAME/ The State Great Khural (parliament) has approved draft amendments to the laws on budget of Mongolia for 2011, on budget of social insurance fund for 2011 and on budget of the Human Development Fund (HDF) for this year. In accordance with the approval, the total balanced revenue of the master budget of Mongolia for 2011 is MNT 3.304.4 billion, the expenditure is MNT 4.084.1 billion. By first seven months of this year, the budgetary revenue was overfulfilled by 248.8 billion togrogs, and the budget clarification has been done in conjunction with a specific income source.

B.Khuder