President’s veto rejected but some proposals to be realized through budget amendments

2018-11-23 20:06:00

Ulaanbaatar /MONTSAME/ The Parliament discussed and rejected the President’s veto on State Budget for 2019 and the accompanying legislation and parliamentary resolutions at today’s plenary meeting. 82.6 per cent of voted MPs backed to reject the veto.


However, the Budgetary Standing Committee made a proposal to make amendments to the budget so that some proposals from President Kh.Battulga can be realized through the amendments and the most MPs supported it. Specifically, the parliament accepted the President’s proposal to create financial resource for establishing an industry complex, where animal-origin raw materials are processed and exported. “2018 Budget revenue is expected to be outperformed by MNT1 trillion. Therefore, the issue can be solved through the amendments,” said head of the Budgetary Standing Committee B.Choijilsuren.