Ulaanbaatar
Standing committee runs second reading of Budget Clarification
PoliticsUlaanbaatar /MONTSAME/ The parliamentary Standing committee on economy ran the second reading of draft amendments to the Law on State Budget 2015, Law on Human Development Fund Budget of 2015 and the Law on Social Insurance Fund Budget of 2015 on October 21.
Ts.Nyamdorj asked questions about the revenue and expense of the mining sector for this year. The Minister of Mining R.Jigjid answered that, by the end of this September, the mining sphere accumulated 794.6 billion MNT out of the intended revenue of 827.9 billion MNT, while petroleum sector earned 128.8 billion MNT out of the intended 213.7 billion MNT for 2015
He went on that Oyu Tolgoi LLC added 310.2 billion MNT, and Erdenet Mining Corporation (EMC) – 202.5 billion to the state budget. In the same period of 2014, Oyu Tolgoi accumulated 167.7 billion and EMC – 307.8 billion to the state budget, he added.
Other qiestions were asked by D.Gankhuyag and O.Enkhtuvshin.
There were not any principally different opinions from the Standing committee members.
After this, a working group, led by G.Batkhuu, was formed in charge of preparing recommendations and conclusions on the draft law on the State Budget 2016.
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