Economic growth slows
According to the latest survey of the National Statistical Office, unemployment has reached 11 percent, with 138,000 people without a regular job. Active job-seekers registered in labor service centers number 39,200.
Of the 501,400 people who paid for social insurance 204,000 were shown as government employees, even though there are only about 140,000 government employees in Mongolia. An NSO official explained that contract workers had also been taken into account.
The number of livestock lost since January was 8.6 million in June but rose to 9.7 million in July, meaning 1.1 million livestock perished during one summer month.
Economic growth was five percent in July, down 2.6 percent from the first season. This was mainly because of a fall in production of some minerals. Oil production rose 3.3 times in the first season, compared to the same period of last year. Last month, it rose 1.8 times.
Total budget income and amount of aid was MNT1,484 billion. The budget deficit was MNT1,613.4 billion at the end of July.
Construction and installation work altogether worth MNT84.8 billion was carried out nationwide. Of this MNT 77.8 billion or 91.7 percent were executed by domestic entities, and MNT 7.0 billion or 8.3 percent by foreign entities.
The railway transported 1,990,700 passengers and 8,926.8 tons of freight, showing an increase in both. As a result revenue increased by MNT 34.6 billion or 27.9 per cent reaching MNT158.9 billion in the first 7 months of 2010.
Airlines transported 205,300 passengers and 834,500 tons of freight. The number of passengers was 44,400 or 27.6 percent more than that in the previous year. The volume of freight was 154,100 tons or 22.7 percent more. Revenue from air transport increased MNT10.0 billion or 17.8 percent reaching MNT66.0 billion.
Of the 501,400 people who paid for social insurance 204,000 were shown as government employees, even though there are only about 140,000 government employees in Mongolia. An NSO official explained that contract workers had also been taken into account.
The number of livestock lost since January was 8.6 million in June but rose to 9.7 million in July, meaning 1.1 million livestock perished during one summer month.
Economic growth was five percent in July, down 2.6 percent from the first season. This was mainly because of a fall in production of some minerals. Oil production rose 3.3 times in the first season, compared to the same period of last year. Last month, it rose 1.8 times.
Total budget income and amount of aid was MNT1,484 billion. The budget deficit was MNT1,613.4 billion at the end of July.
Construction and installation work altogether worth MNT84.8 billion was carried out nationwide. Of this MNT 77.8 billion or 91.7 percent were executed by domestic entities, and MNT 7.0 billion or 8.3 percent by foreign entities.
The railway transported 1,990,700 passengers and 8,926.8 tons of freight, showing an increase in both. As a result revenue increased by MNT 34.6 billion or 27.9 per cent reaching MNT158.9 billion in the first 7 months of 2010.
Airlines transported 205,300 passengers and 834,500 tons of freight. The number of passengers was 44,400 or 27.6 percent more than that in the previous year. The volume of freight was 154,100 tons or 22.7 percent more. Revenue from air transport increased MNT10.0 billion or 17.8 percent reaching MNT66.0 billion.
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