The 2011 budgets ready to be submitted to Parliament - News.MN

The 2011 budgets ready to be submitted to Parliament

Old News! Published on: 2010.10.01

The 2011 budgets ready to be submitted to Parliament

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The Government yesterday approved the draft 2011 state
budget, the Social Insurance Fund budget, and the Human Development Fund
budget. These will now be submitted to Parliament for its final approval.

The total income in the three budgets plus local budgets is estimated at
MNT3,114.1 billion, or 39.7% of the GDP, and the total expenditure at
MNT3,250.8 billion, or 41.5% of the GDP. The total deficit is MNT136.7 billion.

Taken
separately, the state budget income is MNT2,302.3 billion and expenditure
MNT2,250.2 billion, showing a surplus of MNT252.0 billion. The HDF budget
income will be MNT328.9 billion, and expenditure MNT795.9 billion, which is
MNT461.0 billion more than in 2010. The HDF budget thus shows a deficit of
MNT467.0 billion.



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