UAE at a Glance - UAE Interact
UAE at a Glance - UAE Interact
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