The actual spending of the UAE’s federal government reached AED 48.572 billion ($13.22 billion) in 2017, according to a new report from the Ministry of Finance.
According to the figures, spending on the ‘general public services’ sector accounted for 33.3 percent of the total expenditure, or AED 16.19 billion ($4.41 billion), while public order and safety sector spending was 21.5 percent, or AED 10.453 billion ($2.85 billion).
Collectively, the two sectors accounted for 54.8 percent of total spending.
The Ministry’s figures also show that AED 6.574 billion ($1.79 billion) went into the education sector (13.5 percent), compared to AED 3.943 billion ($1.07 billion) or 8.1 percent to the education sector and AED 3.314 billion ($902.2 million) or 6.5 percent for social protection.
Total spending on the economic affairs sector amounted to AED 1.021 billion ($277.9 million), while another AED 621 million ($169 million) was spent on the housing sector, AED 290 million ($78.9 million) on the environmental sector and AED 194 million ($52.8 million) on the recreation, culture and religion sector.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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