1 MONGOLIAN PRESIDENT SAYS HE SUPPORTS RUSSIA-CHINA OIL AND GAS PIPLINES THROUGH MONGOLIA WWW.REUTERS.COM  PUBLISHED:2022/12/01      2 TALON RAISES CASH AS IT TAKES STAKE IN MONGOLIAN PROJECT WWW.MININGWEEKLY.COM PUBLISHED:2022/12/01      3 MONGOLIA’S EFFORTS TOWARD ENSURING IMPLEMENTATION OF BWC PRESENTED WWW.MONTSAME.MN PUBLISHED:2022/12/01      4 AT LEAST ONE KILLED DUE TO A FIRE AT AN OIL STORAGE FACILITY IN DARKHAN DEC. 1 WWW.CRISIS24.GARDA.COM PUBLISHED:2022/12/01      5 "ROAD TO ONE – MONGOLIA 2022” WAS SUCCESSFULLY ORGANIZED AT STEPPE ARENA WWW.NEWS.MN PUBLISHED:2022/12/01      6 NEW VU-UBMK PARTNERSHIP EXPANDS INTERNATIONAL OPPORTUNITIES FOR STUDENTS IN MONGOLIA WWW.VINU.EDU  PUBLISHED:2022/12/01      7 CHINA, MONGOLIA TO EXPAND COAL TRADE, SIGN MORE LONG-TERM CONTRACTS WWW.SXCOAL.COM PUBLISHED:2022/12/01      8 JAPAN EMPEROR, EMPRESS MEET MONGOLIAN PRES. AT PALACE WWW.NIPPON.COM PUBLISHED:2022/12/01      9 CHINA-MONGOLIA FREIGHT TRAIN DEPARTING FROM E CHINA'S LIANYUNGANG PORT RECORDS OVER 80 TRIPS THIS YEAR WWW.ENGLISH.WWW.GOV.CN PUBLISHED:2022/11/30      10 BROAD MEETS NORMAL GAUGE AT NEW BORDER POINT CHINA-MONGOLIA WWW.RAILFREIGHT.COM PUBLISHED:2022/11/30      147 МЯНГАН ТОНН ХҮНСНИЙ НОГОО ХУРААН АВЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2022/12/01     ГУРИЛЫН ҮЙЛДВЭРҮҮДЭД 160 МЯНГАН ТОНН УЛААНБУУДАЙ НИЙЛҮҮЛЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2022/12/01     АЯЛАЛ ЖУУЛЧЛАЛЫН САЛБАРТ ₮55 ТЭРБУМЫН ХӨНГӨЛӨЛТТЭЙ ЗЭЭЛ ОЛГОНО WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/12/01     ОНЫ ЭХНЭЭС ХОЙШ 26.2 САЯ ТОНН НҮҮРС ЭКСПОРТЛООД БАЙНА WWW.NEWS.MN  НИЙТЭЛСЭН:2022/12/01     НҮБХХ: МОНГОЛЫН НОГООН ХӨГЖЛИЙН ЗОРИЛТУУД ХЭТ ӨӨДРӨГ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/12/01     ЭРЧИМ ХҮЧНИЙ ШУГАМ СҮЛЖЭЭ, СТАНЦУУДЫГ ШИНЭЧЛЭХЭД $161 САЯЫН САНХҮҮЖИЛТ ШААРДЛАГАТАЙ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/12/01     ХЭРЭГЛЭЭНИЙ БАРАА, ҮЙЛЧИЛГЭЭНИЙ ҮНЭ 1.3-14.5 ХУВИАР НЭМЭГДЖЭЭ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2022/12/01     БНХАУ РУУ ДУЛААНЫ АРГААР БОЛОВСРУУЛСАН 26 ЧИНГЭЛЭГ МАХ ГАРГАЖЭЭ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2022/12/01     ЭРЧИМ ХҮЧНИЙ АЧААЛАЛ ӨЧИГДӨР ОРГИЛДОО ХҮРЧ, 40 МВТ-ААР ӨСЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2022/11/30     2022 ОН ГАРСААР УЛСЫН ХЭМЖЭЭНД НҮҮРСНИЙ ЭКСПОРТ 26.3 САЯ ТОНН БОЛЖ, 73 ХУВИАР ӨСӨВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/11/30    

Bill on state budget 2023 to be submitted to the Parliament www.montsame.mn

The Cabinet discussed at its last week’s regular meeting bills on the Budget Framework Statement for 2023 and Budget Assumptions for 2024-2025, 2023 State Budget Law of Mongolia, 2023 Budget Law of the Social Insurance Fund, 2023 Budget Law of Health Insurance Fund, 2023 Budget Law of the Future Heritage Fund and accompanying bills. As proposed by the Prime Minister and members of the cabinet, it was decided to reconsider the bills this week after including the policies and measures to be implemented in the next year. Accordingly, the Cabinet discussed bills again at this week’s meeting and decided to submit them to the Parliament.
Following the Cabinet meeting, Minister of Finance B.Javkhlan gave information about the cabinet’s decision. He said, “At a time when international organizations predict that the global economic crisis will continue until 2024, the Government aims to pursue strict monetary policy and fiscal austerity policy towards the reduction of the balance of payments deficit and protecting foreign currency reserves.
Therefore, the government's budget policy for 2023 is directed towards the following objectives, aiming to implement state austerity policy, promote the New Revival Policy, reduce the import pressure and stabilize macro economy through the optimal distribution of resources.
One. To implement legislations regarding state austerity,
Two. To intensify reforms in the budget financing system in health and education sectors aimed at the quality, performance, and outcomes of public services; to introduce the reform in other sectors; and to improve the civil service salary system in line with productivity,
Three. To implement debt management strategies optimally,
Four. To direct social protection to target groups within the framework of the policy ‘from-welfare-to-work’,
Five. And implement policies to decentralize by ensuring the balance of urban and rural development, reduce traffic congestion, as well as to carry out tax policies towards the creation of favorable environment for investment, jobs and doing business in rural areas.


Published Date:2022-10-02