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Operating expenditure for FY2002 is
estimated at $19.54 billion, an increase of $813.61
million or 4.3% over FY2001. About 89% of the operating
expenditure is for ministries' running costs on manpower
expenditure (EOM), other operating expenditure (OOE)
and grants to statutory boards and aided educational
institutions (GIA). The remaining 11% is for transfer
payments to members of the public and outside organisations.
Running Costs is projected to increase
by 4.0% to $17.31 billion because of higher EOM and
OOE.
EOM is estimated to increase by 2.4%
to $3.56 billion. The increase is mainly for higher
EOM for the Ministry of Education (MOE) for increased
intake of teachers and the implementation of the revised
Pay and Career Structure for the Education Service.
The ministry's EOM for FY2002 is $1.80 billion, up by
$101.73 million or 6.0%.
OOE is estimated to increase by 7.4%
to $10.26 billion. This includes a sum of $7.67 billion
for the Ministry of Defence (MINDEF).
GIA is estimated to decrease by 3.6%
to $3.49 billion. This is mainly due to lower grants
for the National University of Singapore (NUS) and the
polytechnics. The grant to NUS is lower because the
revised FY2001 grant included a one-off provision of
$77.83 million for the refund to IRAS for over-claimed
input GST as well as a contribution of $33.50 million
to the University Endowment Fund. Excluding these special
provisions from the FY2001 figure, the grant for FY2002
($614.18 million) is expected to increase by 7.8% to
cater to higher student intakes. Similarly, the grants
to the polytechnics are lower because their revised
FY2001 grants include provisions for the polytechnics
to refund IRAS for over-claimed input GST. Excluding
this item from the FY2001 figure, the grants to the
polytechnics totalling $558.49 million is expected to
increase by 3.2%.
Expenditure on Transfers
is estimated to increase by 7.2% to $2.23 billion. The
increase is mainly for the Ministry of Community Development
and Sports (MCDS) and the Ministry of Health (MOH).
The allocation to MCDS is increased by 27.8% to $264.81
million mainly because of higher provisions for the
grants under the Baby Bonus and Third Child Maternity
Leave Scheme. The allocation to MOH is increased by
4.1% to $1.13 billion mainly because of increased subventions
to the restructured hospitals to cater for cost inflation
and medical advancement.
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