Capital city budget discussed - News.MN

Capital city budget discussed

Old News! Published on: 2010.12.29

Capital city budget discussed

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The Ulaanbaatar Civil Representatives’ Assembly reviewed on
December 25 the capital city budget for 2011as passed by Parliament. Mayor
G.Munkhbayar told the meeting that the city needs to spend MNT700 billion in
the coming year, that it has to contribute MNT26.7 billion to the state budget to
help it meet the deficit, and that Parliament has allocated MNT79 billion to be
spent on some priority areas in Ulaanbaatar.

The meeting authorized expenditure of MNT20 billion on reducing
smoke in Ulaanbaatar. The nine districts were asked to spend MNT1 billion each on
repairs and tree planting. Districts CRAs plan to discuss their own budgets
this week.

City officials decided to spend MNT400 million on upgrading
the traffic signaling system and traffic monitoring. Another MNT250 million will
go toward setting up a food testing laboratory, while auto roads repair work
would be continued in 2011.

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