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Other outlays from the Consolidated Fund
are estimated at $10.91 billion. Of this, $9.60 billion
or 88.0% is for transfers to the Development Fund ($9
billion) and $0.60 billion for the Economic Restructuring
Shares Trust Fund.
The balance of $1.31 billion or 12.0%
is for expenses on investments ($0.91 billion), servicing
the public debt ($0.38 billion) and agency fees on land
sales ($23 million).
Other outlays from the Development Fund
are estimated at $9.12 billion. Of this, $7.50 billion
or 82.2% is for loans to government agencies. A sum
of $3.65 billion is for loans to the HDB to fund the
Mortgage Financing Loan, the Upgrading Financing Loan
and the Housing Development Loan Schemes. Another sum
of $2.03 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 remaining loan provision of $1.82
billion is to finance the transfer of land, building
and other assets from the Government to various agencies
including the restructured institutions under MOH, the
Public Utilities Board under ENV and the Singapore Land
Authority under the Ministry of Law (MINLAW).
The balance of $1.62 billion is for land-related
expenditure. The ministries with land-related expenditure
are MTI ($1.12 billion) and MND ($0.50 billion).
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