Arab News, Thursday, Jun 23, 2022 | Zul Qaadah 23, 1443
UAE government expenditure crosses $3bn in Q1 led by public sector spending
Emirates:
The UAE government has made a revenue of 11.33 billion dirhams ($3.08 billion)
during the first quarter of this year, the latest data from the Ministry of
Finance revealed.
This is against a slightly higher expenditure of
11.35 billion dirhams that the federal government made during the period, with
the public service sector leading the spending with 2.43 billion dirhams, which
is 21.4 percent of total spending, Emirates News Agency reported.
This was followed by the public order and safety
sector, with a total expenditure of 2 billion dirhams, which is equivalent to
18.6 percent of the total. The government also spent 17.7 percent of its
expenditure on the social protection sector, followed by the defense sector
which accounted for 14.7 percent of the allocation.
The remaining spending was allocated for various
other sectors including education, health, entertainment and culture, economic
affairs, housing and utilities, and environment protection.