Mongolian mining sector contributes State Budget - News.MN

Mongolian mining sector contributes State Budget

Old News! Published on: 2019.01.31

Mongolian mining sector contributes State Budget

At a press conference today (January 31st), the Ministry of Mining and Light Industry gave a report on its performance and productivity over the past year. In 2018, the Ministry contributed a total of MNT 2 trillion and 51.5 billion in tax revenue to the State Budget, which was an increase of 28.6% on the previous year.

Of this tax revenue, MNT 80 billion came from gold, MNT 910.6 billion from coal, MNT 76.9 billion from zinc, MNT 871.9 billion from copper, MNT 17.1 billion from iron and MNT 16.3 billion from fluorspar.

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