10.44 billion dirhams Government expenditure during the first quarter of 2018

Media In – Abu Dhabi – 18 September 2018 / WAM /

The actual expenditure of the federal entities increased to AED 10.44 billion during the first quarter of 2018, a growth of 17% compared to AED 8.92 billion in the same period of 2017. This reflects the large expansion of spending that was characterized by the federal government authorities during the current year. For the continuation of the overall development of the country. According to the financial performance report for the implementation of the budget – issued by the Ministry of Finance – the proportion of commitment to implement the budget to 100% during the first quarter of this year and accounted for spending on the public services sector on the largest proportion of government expenditure during the first three months of this year and the value of about Approximately 3.277 billion dirhams, representing 31.4% of the total recorded expenditure. According to figures documented by the Ministry of Finance, spending on public services during the first quarter of 2018 grew by 2.9% compared with the first quarter of 2017. And the expenditure on the education sector increased to AED 1.344 billion during the first quarter of this year, a growth of 3.6% compared to 1.293 billion dirhams during the first quarter of 2017. The expenditure on the health sector since the beginning of this year to the end of March of the same year 766 million dirhams, which accounted for 7.3% of total expenditure, while the expenditure on the social protection sector amounted to 777 million dirhams. On the economic front, expenditures amounted to 244 million dirhams, constituting 2.3% of the total expenditure. The housing sector and community facilities reached 99.1 million dirhams, 0.9% and 49 million dirhams on the environmental protection sector by 0.5% and 31.8 million AED on entertainment, culture and religion, and 0.3% of total expenditure. The Ministry of Finance is keen to provide analytical financial data for the performance of the federal authorities in accordance with international best practices, in accordance with its commitment to achieve the highest standards of transparency.