2010 state budget had surplus of MNT41.8 billion - News.MN

2010 state budget had surplus of MNT41.8 billion

Old News! Published on: 2011.06.03

2010 state budget had surplus of MNT41.8 billion

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The Auditor General’s report on Government finances in 2010
was presented to Parliament yesterday. The state budget showed a surplus of MNT41.8
billion, with revenue reaching MNT3 trillion and 122.5 billion, and expenditure
totaling MNT3 trillion and 80.7 billion.

Higher copper prices
in the world market were the major contributor to the surplus. The budget had
been passed with an estimated deficit, raising concern among economic
observers.



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