By Staff writer
Federal government spending reached $8bn, accounting for 61% of overall approved budget for the year
The total federal government spending in the UAE reached AED29.7 billion ($8 billion) in the first nine months of 2016, according to latest figures issued by the Ministry of Finance.
The total spending during the period accounted for 61.2 percent of the overall approved budget for the year, which totalled AED48.5 billion, reported state news agency WAM.
It said general public services spending reached AED10.3 billion, representing the largest chunk of the expenditure at about 35 percent of the total while spending on public order and safety affairs followed at AED6.2 billion, accounting for 21 percent.
The figures revealed that spending in the education sector reached AED3.8 billion while healthcare sector spending totalled AED2.7 billion and social security spending hit AED2.2 billion.
In addition, AED678 million was spent on economic affairs, AED377 million on housing and community facilities, AED202 million on the environment sector, and AED164 million was spent on entertainment, culture and religion.
The ministry said it had directed spending to vital strategic sectors to achieve the optimal use of government resources.
The sectors that have direct relations with citizens, and those that provide services to citizens, had the largest general share of the general federal budget, it added.