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UAE at a Glance - UAE Interact

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42<br />

<strong>UAE</strong> AT A GL ANCE 2008 @ www.uaeinteract.com/economy<br />

CONSOLIDATED GOVERNMENT FINANCES (in millions of <strong>UAE</strong> dirhams)<br />

250,000<br />

200,000<br />

150,000<br />

100,000<br />

50,000<br />

DEFICIT<br />

TOTAL EXPENDITURE<br />

TOTAL REVENUES<br />

SURPLUS<br />

0<br />

2003 2004 2005 2006<br />

Items In millions of Dh 2005* 2006**<br />

REVENUE 143,905 200,704<br />

Tax Revenue ................................................................... 6,810 8,490<br />

Customs ................................................................... 3,852 4,693<br />

Other ........................................................................ 2,958 3,797<br />

Non-Tax Revenue ........................................................... 137,095 192,214<br />

Oil and Gas ............................................................... 111,377 161,516<br />

Joint Stock Corpor<strong>at</strong>ions ........................................... 4,624 5,702<br />

Other ........................................................................ 21,094 24,996<br />

EXPENDITURE 104,430 128,238<br />

Current Expenditure ....................................................... 84,255 100,691<br />

Salaries and Wages ................................................... 16,654 17,764<br />

Goods and Services ................................................... 24,383 26,076<br />

Subsidies and Transfers ............................................. 18,916 30,295<br />

Other Unclassified ..................................................... 24,302 26,556<br />

Development Expenditure ............................................... 14,042 16,748<br />

Loans and Equity Particip<strong>at</strong>ion ....................................... 6,133 10,799<br />

Local ......................................................................... 5,725 12,765<br />

Foreign ..................................................................... 408 -1,966<br />

Surplus (+) or Deficit (-) ......................................................... (+)39,475 (+)72,466<br />

Financing ........................................................................ -39,475 -72,466<br />

Changes in net Government Deposits with Banks ...... -16,037 -4,551<br />

Other 1 ...................................................................... -23,438 -67,915<br />

Source: Central Bank Annual Report 2006 with d<strong>at</strong>a drawn from Ministry of Finance and Industry<br />

and Local Government Finance Departments<br />

* Adjusted d<strong>at</strong>a **Preliminary d<strong>at</strong>a 1 Returns on government investments

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