BUDGET 2023: GOVERNMENT WILL FINANCE MNT 6,317.8 BILLION IN EXPENDITURES

Ulaanbaatar /MONTSAME/.  In the 2023 State Budget year, the Government will finance MNT 6,317.8 billion in spending through distinctive funds.

92.2 percent, or MNT 5,826.2 billion, is related to the expenditure of Social Insurance, Social Welfare, and Health Insurance Funds, and 7.8 percent, or MNT 491.6 billion, is associated with the expense of other special funds.

For example, next year, MNT 93 billion has been budgeted for the Education Loan Fund, which will be increased by MNT 14.7 billion compared to the previous year. Also, the expenditure of the Welfare Fund is MNT 596.8 billion, or an increase of MNT 113.9 billion from the prior year. In contrast, the total budget expenditure of the Support Fund for Vocational Education is estimated to be 85 billion MNT.

Sorce: https://montsame.mn/en/read/305803