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SIF revenue rises www.montsame.mn
Ulaanbaatar /MONTSAME/ In the first seven months of this year, the General Authority for Health and Social Insurance of Mongolia reported that the revenue of Social Insurance Fund (SIF) amounted to MNT 1.2 trillion, reflecting an increase by 24.1%.
The SIF expenditure reached MNT 1.1 trillion, showing an increase by 12.2% against the previous year.
Partially due to increased revenue of pension insurance fund by MNT 151.2 billion and health insurance fund--by MNT 45.4 billion. The SIF revenue increased in the first seven months of 2017 by MNT 231.6 billion compared to the same period of the previous year.
The SIF expenditure increased by MNT 118.1 billion in the first seven months of this year against 2016. The main reason goes to increase in pension insurance fund expenditure by MNT 85.7 billion and health insurance fund by MNT 19.0 billion.
Published Date:2017-08-18
