At the 16th regular meeting of the Citizens' Representative Khural, a draft resolution on approving the 2023 budget of the capital city was approved by a majority vote.

The 2023 fiscal revenue plan of the capital city is 2.2 percent higher than in 2022, 13.1 percent higher than expected, and 46.7 percent higher than in 2021. In terms of expenditure, in addition to operational cost, the capital city's 2023 budget includes renovation of the public transport fleet, construction of ring roads, 10.2 km of main streets and roads in four locations, construction of 930-meter-long bridges, 12.3 km of auxiliary lanes in nine locations, construction of 30-meter-long bridge structures, as well as large-scale construction works aimed at increasing access to kindergartens.

The primary goal of the capital city's 2023 draft budget was to continue implementing policies to minimize the shadow economy while also increasing budget income through the gradual improvement and digitization of tax records and the digital payment receipt system.

CAPITAL CITY TRAINING, RESEARCH, AND PUBLIC RELATIONS AGENCY