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State budget revenues have increased significantly in Mongolia

State budget revenues have increased significantly in Mongolia

According to preliminary data, the total revenue of Mongolia’s state budget for the first five months of 2024 reached 12.7 trillion tugriks (332 billion rubles), information portal ikon.mn reported on June 16, citing the National Statistics Committee (NSC). from Mongolia.

It should be noted that this amount is 42.1% more than in the same period last year.

It is indicated that expenses during the first five months of 2024 exceeded 10 trillion tugriks (258 billion rubles) and increased by almost 3 trillion tugriks compared to the same period last year.

Recall that the Mongolian Parliament approved the state budget for 2024 with a deficit of 1.5 trillion tugriks.

Mongolia’s consolidated budget revenues would amount to 25.8 trillion tugriks (670 billion rubles) and total expenditures would amount to 27.3 trillion tugriks (705 billion rubles).

According to Mongolian Finance Minister Boldyn Javkhlan, the state budget for 2024 is aligned with the “New Renaissance” policy implemented by the Mongolian government.

Source: Rossa Primavera

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