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Total Expenditure
The revised total expenditure for FY2003 of $28.81 billion
is an increase of $1.66 billion or 6.1% over actual FY2002
total expenditure. Of this, operating expenditure accounts
for $19.99 billion or 69% and development expenditure for
$8.83 billion or 31%.
The revised FY2003 operating expenditure is higher than
actual FY2002 expenditure by $0.63 billion or 3.2%. The increase
is attributed mainly to MOH ($0.48 billion) and MHA ($0.15
billion). MOH’s increase goes towards funding SARS-related
expenditure during the outbreak as well as new measures for
prevention, containment and controls of future outbreaks.
MHA’s increase is mainly for SARS-related expenditure,
transfer of part of Singapore Customs from MOF and Health
Sciences Authority budget from MOH, and payment of outstanding
contribution to the INVEST Fund set up in 2001 to cater to
the career structures of the ministry’s uniformed personnel.
The revised FY2003 development expenditure is higher than
actual FY2002 expenditure by $1.03 billion or 13.3%. The increase
is attributed mainly to MND ($0.87 billion), MTI ($0.45 billion)
and ENV ($0.22 billion). MND’s increase is for its Public
Housing Development Programme. MTI’s increase is for
research and development projects by the Agency for Science,
Technology & Research. ENV’s increase is due to
construction of the deep tunnel sewerage system (Phase I).
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