In January 2011, total revenue and grants of the General Government Budget amounted to 219.3 billion togrog and total expenditure and net lending amounted to 246.6 billion togrog, representing a deficit of 27.3 billion togrog in the General Government Budget overall balance

Current revenue of the General Government stood at 218.9 billion togrog and current expenditure reached 228.1billion togrog. Thus, the budget current balance was in deficit of 9.2 billion togrog

Compared with the same period of the previous year, tax revenue increased by 78.6 billion togrog or 62.5 percent in January 2011. The increase was mainly due to the increases of 44.1 billion togrog or 2.7 times in value added tax, 13.2 billion togrog or 2.5 times in corporate income tax, 8.5 billion togrog or 77.9 percent in excise tax, although there was 13.3 billion togrog or 50.7 percent decrease in windfall tax on some products.

Compared with the same period of the previous year, non-tax revenue increased by 0.4 billion togrog or 2.5 percent. The increase was due to the increases of 0.7 billion togrog or 9.5 percent in revenues from budget entities, and 0.3 billion togrog or 31.5 percent in revenues from oil petroleum, although the revenues from navigation fee decreased by 0.8 billion togrog or 27.3 percent.

In January 2011, total expenditure and net lending of the General Government Budget increased by 26.4 billion togrog or 12.0 percent to 246.6 billion togrog compared to the same period the previous year. This was mainly due to increases of 20.8 billion togrog or 47.1 percent in wages and salaries, 5.9 billion togrog or 26.0 percent in purchase of other goods and services, and 2.9 billion togrog or 28.3 percent in capital expenditure, although subsidies and transfers decreased by 13.9 billion togrog or 10.0 percent.

Spending of 13.4 billion togrog on capital expenditure in January 2011 was higher by 2.9 billion togrog or 28.3 percent compared to the same period of the previous year. The increase in capital expenditure was due to the increases of 1.1 billion togrog or 23.9 times in foreign financed capital expenditure, and 1.8 billion togrog or 17.6 percent in capital expenditure of domestic sources.