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Abu Dhabi: The whole expenditures of UAE federal authorities our bodies reached Dh24.97 billion by the top of the second quarter of 2020, whereas the overall revenues stood at Dh 34.744 billion, the Ministry of Finance mentioned on Monday.

The federal authorities posted a funds surplus of Dh9.75 billion within the first half of 2020, and a surplus of Dh7.95 billion within the second quarter, up from a surplus of Dh1.eight billion within the first quarter of the identical yr, based on the ministry’s monetary efficiency report on the UAE federal funds.

Intimately, the revenues generated by the Ministry of Human Assets and Emiratisation amounted to Dh 1.99 billion in the course of the second quarter of this yr. The report exhibits that different federal revenues stood at Dh16.572 billion.

On spending, the Ministry of Schooling’s spending was Dh2.976 billion , whereas different federal expenditures stood at Dh8.256. The expenditures of the Ministry of Well being amounted to Dh2.122 billion, whereas the Ministry of Group Growth’s spending stood at Dh1.532.

The expenditures of the Ministry of Human Assets touched Dh362.four million, whereas the Ministry of Infrastructure Growth’s spending was at Dh295 million.

The UAE Cupboard accepted a zero-deficit federal funds of Dh61.354 billion for 2020, the most important funds ever for the reason that founding of the UAE.

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