The City Budget-2016 was approved, during the 32th regular meeting of the Ulaanbaatar City Representative Assembly, which was held on 30th November. The budget anticipates the following:
-The income from the city post offices- MNT 564.8 billion
-The income of the districts- MNT 134.1 billion
-The cost of welfare- MNT 101.2 billion
-The cost of free-public transportation- MNT 53.1 billion
– The total operating costs of the transportation company- MNT 43.6 billion
-The cost of landscaping (city and districts) – MNT 57.3 billion
-The cost of the “Ulaanbaatar Welcomes You Program”- MNT 3.6 billion
-The cost of improving transportation- MNT 1.9 billion
The cost of the “Micro Business Supporting Fund”- MNT 4 billion
The cost of the “Small & Medium Business Supporting Fund”- MNT 1 billion.
In addition, the UB City Labor Office plans to create 15,000 new job positions and for 20,000 people to be employed in 2016.