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The Ministry of Finance (MoF) introduced right now the outcomes of the preliminary authorities finance statistics report for This autumn 2022, primarily based on the requirements of the Authorities Finance Statistics Handbook issued by the Worldwide Financial Fund.
In keeping with the UAE’s open knowledge coverage, the preliminary outcomes confirmed a rise in revenues on the state stage from AED133.9 billion throughout This autumn of 2021 to AED143.1 billion throughout This autumn 2022. The worth of tax revenues elevated from AED58.0 billion throughout This autumn 2021 to AED75.0 billion throughout This autumn 2022.
Revenues from social contributions elevated from AED3.5 billion throughout This autumn 2021 to AED3.9 billion throughout This autumn 2022. The outcomes additionally indicated that the worth of different revenues reached AED64.2 billion throughout This autumn 2022, in comparison with AED72.4 billion throughout This autumn 2021.
By way of expenditures, the outcomes confirmed that the expenditures on the state stage reached AED120.3 billion throughout This autumn 2022, in comparison with AED136.2 billion throughout This autumn 2021. The present expenditures reached AED111.2 billion in This autumn 2022, in comparison with AED127.9 billion in This autumn 2021.
Present expenditures encompass staff’ wages, use of products and companies, consumption of mounted capital, paid curiosity, subsidies, grants, social advantages, and different transfers.
The monetary operations throughout This autumn of 2022 resulted in attaining a major improve within the worth of internet lending/borrowing.
The preliminary outcomes confirmed a rise on the state stage from AED(-2.2) billion throughout This autumn 2021 to AED22.8 billion throughout This autumn 2022.
Internet lending / borrowing measures governments’ capability to lend or their have to borrow and is taken into account an indicator of the monetary affect of presidency exercise on the economic system.
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