Total federal spending totaled $6.3 trillion in 2022, a drop of $550 billion due to reductions in economic support related to Coronavirus relief efforts, offset by an increase in student loan expense. Unemployment costs increased by $366 billion also due to Coronavirus relief. This increase was principally from expanding Child Care Programs, Housing Assistance Programs, and the Child Tax Credit. The cause of the increase was generally Coronavirus relief activities shown above as “economic support” and also included in increases to welfare of $173 billion or almost 50% over the two years. Overall spending at the federal level increased from $4.4 trillion in FY 2019 to $6.8 trillion in FY 2021, an increase of over 50%. The chart includes entitlement spending and its share of total federal spending. The federal government’s fiscal year ends on September 30 of each year. All other expenditure summed up at 23 billion and it is obvious that the government paid overhead to ensure social security compared to other aspects of the country.The table above shows total federal spending in billions of dollars for the past four fiscal years (“FY”). Moreover, the government contributed 23 billion in debt interest and 15 billion for the housing, heritage and environment sectors. The industrial, agricultural and employment sector received 13 billion AED which was 4 billion fewer than the national budget for the law and order sector. Besides, healthcare and personal social services demanded over 50 billion AED which was even higher than the cumulative budget allocation for the education and defence sectors in the UAE in 2000. To maintain the social soundness, the UAE government spent 100 billion AED, the highest, whilst, the transportation system received only 9 billion, the lowest budget allocation in this year. Generally speaking, the UAE government spent over 300 billion United Arab Emirates Dirham (AED) on different sectors in this year and the highest proportion of this expenditure went on ensuring the social security of citizens. The pie chart illustrates the national expenditure of the United Arab Emirates in 2000. Finally, 9 billion was spent on the transportation sector and 23 million for other sectors which are not specifically mentioned in the chart. Housing, heritage and environment got 15 billion which was nearly the same as it was allocated for law and order. Defence sector cost them 22 billion which was slightly lower than the debt interests the government paid in this year. The UAE authority used 38 billion for education, 17 billion for law and order and 13 billion for job, industry and agriculture. Health and personal social services, on the other hand, required more than 50 billion and this was the second largest budget money allocation for the UAE government in 2000. Social security for the citizens cost the highest budget and it was exactly 100 billion AED. Generally speaking, the UAE government had a budget of over 300 billion AED and the highest portion of this budget was spent on social security and health & social services.Īs is given in the diagram, the UAE government spent more than 300 billion AED in ten different sectors in 2000. The pie chart shows the national expenditure of the United Arab Emirates government in 2000. Summarize the information by selecting and reporting the main features, and make comparisons where relevant. The chart below shows how much money is spent in the budget on different sectors by the UAE government in 2000.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |