Mongolia’s parliament approved the state budget for 2019 and forecast for 2020-2021.
According to the guideline of social and economic development in 2019, a total of 123 policy actions with 20 objectives will be implemented.
Some MNT 8.78 trillion will be spent on implementation of action plan reflected in the guideline.
MNT 5.17 trillion will be financed through the public and private partnership and investment.
In 2019, the public debt is forecast to grow by 10% reaching 55% to the GDP.
The budget deficit is forecast to decrease by MNT 314 billion and no new bonds will be issued to recover the budget deficit.
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