The United Arab Emirates achieved a budget surplus of about 9.75 billion dirhams by the end of the second quarter of 2020.
According to the Emirates News Agency, the total expenditures of federal agencies in the UAE amounted to 24.997 billion dirhams by the end of the second quarter of 2020, while the total revenues reached 34.744 billion dirhams. / p>
The budget surplus of federal entities amounted to 1.8 billion dirhams during the first quarter of the year, which means that the second-quarter surplus reached about 7.95 billion dirhams, according to the statistics of the Ministry of Finance.
p>
In detail, the value of the Ministry of Finance's revenues during the second quarter of this year amounted to 19.451 billion dirhams, which constitutes about 56% of the total revenues of the federal ministries.
The value of the revenues of the Ministry of Human Resources and Emiratisation reached approximately 1.99 billion dirhams and 16.572 billion dirhams in other federal revenues, and the rest of the revenues are distributed to other ministries.
As for the expenditures level, the expenditures of the Ministry of Education amounted to 2.976 billion dirhams, other federal expenditures item expenditures, about 8.256 billion dirhams and about 2.122 billion dirhams to the Ministry of Health and 1.531 billion dirhams Dhs for the Ministry of Community Development, 362.4 million dirhams for the Ministry of Human Resources and Emiratisation, and 295 million dirhams for the Ministry of Infrastructure Development.
(Amazon fun knowledge)
