Other Fund Outlays

Other Consolidated Fund Outlays

Other outlays from the Consolidated Fund are estimated at $14.25 billion. Of this, $12.88 billion or 90.4% is for transfers to the Development Fund ($10.83 billion), the CPF Top-Up Scheme ($1.00 billion), the Lifelong Learning Endowment Fund ($500 million), the ElderCare Fund ($250 million), the Medical Endowment Fund ($100 million) and the Pension Fund ($200 million).

The balance of $1.37 billion or 9.6% is for servicing the public debt ($554.66 million), expenses on investments ($761.67 million) and agency fees on land sales ($54.80 million).

Other Development Fund Outlays

Other outlays from the Development Fund are estimated at $10.21 billion. Of this, $8.64 billion is for loans to the Housing and Development Board ($7.31 billion) to fund the Mortgage Financing Loan and the Upgrading Financing Loan Schemes. The remaining loan provision of $1.33 billion is for the Economic Development Board and the Singapore Productivity and Standards Board to fund the Capital Assistance Scheme, the Regionalisation Finance Scheme, the Resource Productivity Scheme and the Local Enterprise Financing Scheme.

The balance of $1.56 billion is for land reclamation projects. The ministries with land reclamation projects are the Ministry of Trade and Industry ($1.14 billion), the Ministry of National Development ($400.66 million) and the Ministry of Communications and Information Technology ($26.94 million). Major projects include the reclamation at Jurong Island ($359.34 million), the infrastructure works at Tuas View ($594.52 million) and the reclamation at Pulau Ubin and Pulau Tekong ($350.00 million).