The capital city will accumulate MNT 524.1 billion revenue next year 2016-12-15 13:07
The City Citizens' Representative Khural assembled last Friday and approved the next year's budget. The budget was approved with total calculated at MNT 542.1 billion for 2017. If combined with district money that will go into the city budget, that number goes up to MNT 656.2 billion.
The total expenditure for the fiscal year of 2017 was approved at MNT 601.5 billion, and revenue tobe transferred to the state budget at MNT 89.4 billion. In addition, the Mayor of Ulaanbaatar S.Batboldallocated MNT 13.7 billion for the infrastructural networks, roads design and blueprintsfor delayed ger district redevelopment construction worksimplementingbetween 2015-2017 in next year's budget amendment and 2018 draft budget.