The UAE achieved a budget surplus of about 3.48 billion dirhams, with total revenues reaching 40.163 billion dirhams by the end of the third quarter of 2020, while total expenditures reached 36.686 One billion dirhams
According to the Emirates News Agency, this new positive indicator in financial performance in the federal government budget comes in support of what was announced yesterday in the performance of the unified / local government financial account And federalism, in which the value of the realized surplus exceeded 17 billion dirhams.
and the data of the Ministry of Finance show that the attainment of revenues in the federal budget for this level came with support from the other income item / includes taxes, social contributions and other revenues / which amounted to 35.574 billion Dirhams at the end of the third quarter of the year 2020, accounting for 88.5% of the total revenue generated.
On the level of expenditures, the value of spending on education reached 4.454 billion dirhams, which constitutes 12.1% of the total banks at the end of the third quarter of the year 2020, while on health reached 3.39 billion dirhams Approximately, at a rate of 9.2%.
The value of expenditures through the Ministry of Community Development amounted to about 2.35 billion dirhams, while other federal expenditures reached 12.464 billion dirhams, accounting for approximately 34% of the total expenditures recorded at the end Third quarter of 2020
It is indicated that the federal government's revenues at the end of the second quarter of 2020 amounted to 24.997 billion dirhams, while total revenues reached 34.744 billion dirhams.
