1 TMK DRILLS FINAL MONGOLIAN PILOT HOLE AMID DEVELOPMENT PARTNERSHIP TALKS WWW.THEWEST.COM.AU PUBLISHED:2025/06/30      2 PM PLANS TO CUT BUDGET BY 2 TRILLION MNT WWW.GOGO.MN PUBLISHED:2025/06/30      3 THE MONGOLZ ANNOUNCE ACADEMY ROSTER / MONGOLIAN PASSION FOR COUNTER-STRIKE / WHY ARE MORE TEAMS INVESTING MORE IN ACADEMY ROSTERS? WWW.ESPORTS-NEWS.CO.UK  PUBLISHED:2025/06/30      4 FIBA 3X3 WORLD CUP 2025: SPAIN AND THE NETHERLANDS CROWNED MEN'S AND WOMEN'S CHAMPIONS WWW.OLYMPICS.COM PUBLISHED:2025/06/30      5 FIRST POLITICAL CONSULTATIONS BETWEEN THE MINISTRIES OF FOREIGN AFFAIRS OF MONGOLIA AND THE KINGDOM OF BELGIUM TAKES PLACE IN BRUSSELS WWW.MONTSAME.MN PUBLISHED:2025/06/30      6 OPINION: BEYOND THE STEPPE AND THE OASIS – UZBEKISTAN AND MONGOLIA FORGE A NEW EURASIAN AXIS WWW.TIMESCA.COM PUBLISHED:2025/06/30      7 SOUTHGOBI RESOURCES' AGM APPROVAL SIGNALS GOVERNANCE STRENGTH AND STRATEGIC CLARITY AMID DEBT DEFERRAL WWW.AINVEST.COM PUBLISHED:2025/06/30      8 MONGOLIA: STAFF CONCLUDING STATEMENT OF THE 2025 ARTICLE IV MISSION WWW.IMF.ORG PUBLISHED:2025/06/29      9 MONGOLIA UPSET USA AT FIBA 3X3 WORLD CUP 2025 QUARTER-FINALS WWW.FIBA.BASKETBALL  PUBLISHED:2025/06/29      10 KYRGYZSTAN, MONGOLIA ENHANCE BILATERAL COOPERATION WWW.XINHUANET.COM PUBLISHED:2025/06/29      Г.ЗАНДАНШАТАР: УУЛ УУРХАЙН ЛИЦЕНЗИЙГ ШАМШИГДУУЛЖ АВСАН НИЙТИЙН АЛБАН ТУШААЛТАНД ХАРИУЦЛАГА ТООЦНО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/30     С.БАДРАЛ: ШИЙДВЭР ГАРГАГЧИД AI НЭРИЙН ДОРХ ШОУГАА ЗОГСООЖ, ХИЙМЭЛ ОЮУНЫ СТРАТЕГИЭ БАТЛАХ ХЭРЭГТЭЙ WWW.GOGO.MN НИЙТЭЛСЭН:2025/06/30     THE MONGOLZ АКАДЕМИЙНХАА БҮРЭЛДЭХҮҮНИЙГ ЗАРЛАЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2025/06/30     Д.АМАРБАЯСГАЛАН: УИХ ХҮНИЙ ЭРХИЙГ ДЭЭДЭЛСЭН, ХҮН ТӨВТЭЙ ХУУЛЬ, ЭРХ ЗҮЙН ОРЧНЫГ БҮРДҮҮЛЭХЭЭР АЖИЛЛАЖ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/30     СҮҮЛИЙН ТАВ ХОНОГТ 22 УДААГИЙН ОЙ, ХЭЭРИЙН ТҮЙМЭР БҮРТГЭГДСНЭЭС 12 ТҮЙМРИЙГ БҮРЭН УНТРААЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/30     ТАРИАЛАЛТ 74 ХУВЬТАЙ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/30     ЗАЙСАНГИЙН ШИНЭ ГҮҮРНИЙ ХӨДӨЛГӨӨНИЙГ НЭЭЛЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/06/30     19 САЯ ТӨЛ ХҮЛЭЭН АВААД БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/29     “БАРУУН-УРТ-БИЧИГТ” ЧИГЛЭЛИЙН АВТО ЗАМЫН 152 КМ ХАТУУ ХУЧИЛТТАЙ АВТО ЗАМЫН БАРИЛГЫН АЖИЛ ЭХЭЛЛЭЭ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/06/29     ОЙ ХЭЭРИЙН 4 ТҮЙМРИЙГ УНТРААЖ, 6 ТҮЙМРИЙГ ЦУРАМД ОРУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/29    

Government to continue online, transparent and effective budget policy in 2020 www.montsame.mn

Ulaanbaatar /MONTSAME/. After discussing the bills on State Budget for 2020, Health insurance fund for 2020, budget framework statement for 2020 general budget of Mongolia and amendments to budget assumptions for 2021-221 and others, the Cabinet backed up and decided to submit them to the Parliament.

As a result of the Government’s “Online, Transparent and Effective” budgetary policy carried out in recent years to revive the economy, heal the budget and financial environment and tighten the discipline, the economic growth reached 7.2 percent in 2018 and the expected growth to be around 8 percent for 2019, which is the highest increase in the past four years. The budget performance for 2018 showed that the general budget surplus amounted to MNT 27.8 billion. Moreover, the improved business environment brought about 30 percent increase in investment volume and 16.9 percent drop in loan interest rates.

Next year, the aforementioned budgetary policy will continue in scope of ensuring sustainable growth of economy and comply with such principles and goals as preservation of budget disciplines, reduction of deficits in several stages and reforms in the tax laws supporting business environment and employment. The modernization in the customs will allow increased foreign trade turnover and refined tax collection of natural resources. The investment works launched last year will be fully completed and new projects addressing pressing social issues will begin.



Published Date:2019-09-12