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Mongolia|economy|November 22, 2023 / 09:15 AM
Total budget revenue of Mongolia grows by 40.2% from last year

AKIPRESS.COM - The total revenue and aid amount of the state budget reached 19.8 trillion tugriks in ten months of 2023, with an increase of 5.7 (40.2%) trillion tugriks from last year. The amount of balanced income aid reached 19 trillion tugriks, an increase of 6 (46.2%) trillion tugriks.

The amount of total expenditure and repayable net loans reached 16.9 trillion tugriks, and the balanced balance showed a profit of 2.1 trillion tugriks, GoGoMongolia reports.

Total tax revenue reached 17.6 trillion tugriks, an increase of  5.7 (47.3%) trillion tugriks from the same period last year. It was influenced by income tax revenue and increased by 2.1 (75.7%) trillion tugriks. Mineral usage payment increased by 1.8 (2.5 times) trillion tugriks, social insurance revenue by 719.9 (30.4%) billion tugriks, value added tax by 640.3 (20.4%) billion tugriks. Excise duty decreased by 73.8 (10.1%) billion tugriks.

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