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Singapore Budget 2002
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Budget 2002
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Summary of FY2002 Budget
   

OTHER FUND OUTLAYS

Other Consolidated Fund Outlays

Other outlays from the Consolidated Fund are estimated at $17.62 billion. Of this, $16.09 billion or 91.3% is for transfers to the Development Fund ($11.09 billion) and Developmental Investment Fund ($5 billion).

The balance of $1.53 billion or 8.7% is for expenses on investments ($1.05 billion), servicing the public debt ($447.03 million) and agency fees on land sales ($30.70 million).

Other Development Fund Outlays

Other outlays from the Development Fund are estimated at $10.86 billion. Of this, $7.15 billion is for loans to the Housing and Development Board to fund the Mortgage Financing Loan, the Upgrading Financing Loan and the Housing Development Loan Schemes. The remaining loan provision of $2.06 billion is for the Economic Development Board and the Standards, Productivity and Innovation Board to fund the various loan schemes under the Economic Development Assistance Scheme and the Local Enterprise Financing Scheme.

The balance of $1.65 billion is for land-related expenditure. The ministries with land-related expenditure are MTI ($1.19 billion), MND ($448.34 million) and MOT ($10.36 million).

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