Complex Made Simple

UAE spends AED17.6bn of federal budget in Q1

Figure comprises 35.8 per cent of total value of public expenditure allocations for 2015

The United Arab Emirates spent around AED17.6 billion of the federal budget in the first quarter of the current year, according to official figures.

The figure comprises 35.8 per cent of the total value of public expenditure allocations for 2015, which stands at AED49.1bn.

According to the data released by the UAE ministry of finance, general public services totalled AED6.2bn, accounting for 35.3 per cent of spending in the January-March period.

The public system and general safety affairs accounted for AED3.8bn or 21.5 per cent of spending in the same period, the data published by Al-Ittihad indicates.

Spending on education amounted to AED2.4bn or 14 per cent while spending on defence reached AED1.5 million or 8.9 per cent of total public expenditure in the three-month period.

The government spent AED1.4bn or eight per cent on health, the figures show.

Meanwhile, the figures indicate that the spending in the 2014 federal budget totalled AED47.5bn, surpassing allocations by AED1.3bn.