The Ministry of Finance has released a report on the implementation of the State Budget for February 2016. It states that 90.2% of revenue was received and 63.5% of expenses were implemented. Subsequently, a total budget deficit of MNT 258.5 billion was recorded; this being reflected in the reduction of tax revenue. The details are as follows: the income from payments for the use of natural resources fell by MNT 13.0 billion; VAT on import goods declined by MNT 10.6 billion, income from state-financed organizations by MNT 17.5 billion and income from external sourses such as donations by MNT 63.9 billion.