Budget shows surplus, inflation falls by 0.8% - News.MN

Budget shows surplus, inflation falls by 0.8%

Old News! Published on: 2011.04.14

Budget shows surplus, inflation falls by 0.8%

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According to figures released by the National Statistics Committee, increased mineral resources exploitation has begun to show a positive impact on the economy. The budget deficit has turned into a surplus at the end of March. Revenue, including aid, stood at MNT925.4 billion, while expenses, including loan repayment, totaled MNT821.5 billion, making for a surplus of MNT103.9 billion.

Turnover of trade with 101 countries reached USD1,830 million, with exports accounting for USD742.1 million and imports for USD1,087.8 million.
Inflation dropped by 0.8% in March to stand at 11%. 

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