Mongolia to spend 2.2 billion MNT on summer celebrations

June 09 03:18 2014 Print This Article

The total spending budget for the 2014 Naadam Festival, 808th anniversary of the establishment of the Great Mongol Empire, and the 93rd anniversary of the People’s Revolution was approved at 2.2 billion MNT. Some 369.9 million MNT of the total funds will be generated from the income made from Naadam Festival operations, 500 million MNT from the city budget, 57 million MNT from the surplus of last year’s Naadam Festival earnings, and the remaining 1.2 million MNT will come from the Government’s Resource Fund.
Some 921.2 million MNT of the total budget (13.1 percent) is devoted to awards, 946 million MNT (42.8 percent) will be spent on organizing cultural events and ceremonies, 494 million MNT (22.4 percent) will be spent on services and maintenance, 142.5 million MNT (6.4 percent) will go towards event security and emergency services, and the remainder will be spent on management of the Naadam Festival.

Short URL: http://ubpost.mongolnews.mn/?p=9602

  Categories:
view more articles

About Article Author

write a comment

0 Comments

No Comments Yet!

You can be the one to start a conversation.

Add a Comment

Your data will be safe! Your e-mail address will not be published. Also other data will not be shared with third person.
All fields are required.