Most of the economic sectors showed positive results, indicating Mongolia is getting past the financial and economic crisis.

Domestic entities do 47.7% of construction and installation

Construction and installation work worth MNT 8.4 billion was carried out in the first quarter of 2010, 47.7 per cent of which was executed by domestic entities.

Number of passengers up

All types of transport taken together carried 5.0 million tons of freight and 61.0 million passengers in the first quarter of 2010. Compared with the same period of the previous year, the volume of freight rose by 16.1 per cent, and that of passengers by 26.2 per cent.

Tax income up

The General Government budget showed a deficit of MNT109.2 billion at the end of the first quarter of 2010. The current account had a surplus of MNT27.1 billion. Compared with the same period of the previous year, tax revenue increased 73.3 percent. Receipts from the windfall profits tax rose 13.5 times more, from VAT 68.6 percent, and corporate income tax 97.9 percent.

Non-tax revenue increased by 5.6 percent.

External trade in deficit

Mongolia’s trade with 103 countries in the first quarter of the year reached a total turnover of USD1076.2 million, of which exports accounted for USD499.0 million and imports for USD577.2 million, resulting in a deficit of USD78.2 million, a 9.3 per cent rise over the previous year. The total turnover increased 50.3 per cent, exports rising 54.8 per cent, and imports 46.6 per cent.

Industrial output rises

Total industrial output reached MNT 394.2 billion in the first quarter, increasing 13.4 per cent  at 2005 constant prices over the corresponding period in 2009.
 

Consumer Price Index up by 7.4 percent

The national consumer price index in March 2010 increased by 2.0 percent over February, by 7.4 percent over the end of 2009 and by 8.5 percent over the same period of last year.

Pension amount decreases by 22.7 percent

The total number of insured persons was 397,500 at the end of the first quarter, of whom 59.1 percent worked in private establishments and 40.9 percent for the government. MNT83.4 billion was paid in pensions from the social insurance fund. Some 73 percent of this went to the elderly, 12.8 percent to the disabled, 7.5 percent to families that lost their breadwinner, and 6.8 percent to veterans.

Altogether 173,000 people received pensions, benefits and assistance totaling MNT11.2 billion. The number has gone down by 86.1 percent compared with the same period of the previous year, and the amount of money by 67.0 percent.

Unemployment rises

The number of registered unemployed people stood at 37,100 at the end of March, an increase of 6.8 percent over the same period of the previous year.

Number of births increases

There were 6.1 births per 1,000 population 1.6 deaths in the first quarter. The number of live births was 16,875, rising 3.3 percent over the same period of the previous year. Infant mortality rose 14.3 percent, but the number of maternal deaths dropped by four to stand at eight.

51.5 percent of dead livestock are goats

Some  2.7 million livestock births were recorded in the first quarter, but their survival rate fell by 2.3 times compared to the previous year. Altogether 6,310,800 adult animals, or 14.3 percent of the number counted at the beginning of 2010, have been lost. This includes 3,800 camels, 207.500 horses, 347,300 cows, 2,501,500 sheep and 3,250,700 or 51.5 per cent of the total dead were goats.