EXPENDITURE

Total expenditure in FY2004 is estimated at $30.44 billion, an increase of $1.62 billion or 5.6% over the revised FY2003 estimate.

The expenditure trends for FY1998 to FY2004 are shown in the chart below.

Of the total expenditure for FY2004, operating expenditure takes up 69% and development expenditure the remaining 31%. Table II summarises the distribution by sector and ministry with the percentage change from the revised FY2003 estimates.

Table II: FY2004 EXPENDITURE BY SECTOR AND MINISTRY
Ministry	Operating Expenditure		Development Expenditure		Total Expenditure
	$b	% Change	$b	% Change	$b	% Change	% Allcation
SOCIAL DEVELOPMENT	8.88	3.9	4.52	-1.7	13.40	1.9	44.0
Education	4.99	2.4	1.37	8.8	6.36	3.7	20.9
National Development	0.38	-8.3	1.38	-29.4	1.76	-25.7	5.8
Health	2.06	6.5	0.19	60.1	2.24	9.6	7.4
Environment	0.47	3.7	1.25	25.5	1.72	18.7	5.7
Community Development & Sports	0.71	12.8	0.11	22.8	0.83	14.0	2.7
Information, Communications & the Arts (excluding Info- Communications Technology)	0.27	11.1	0.22	22.8	0.49	16.0	1.6
SECURITY & EXTERNAL RELATIONS	10.31	6.7	0.95	-7.5	11.26	5.4	37.0
Defence	8.24	6.7	0.38	-28.1	8.62	4.5	28.3
Home Affairs	1.83	6.8	0.52	17.7	2.35	9.0	7.7
Foreign Affairs	0.24	7.5	0.05	-14.5	0.29	2.9	0.9
ECONOMIC DEVELOPMENT	0.85	-14.0	3.23	21.2	4.08	11.7	13.4
Transport	0.29	0.2	1.91	70.4	2.21	55.9	7.3
Trade & Industry	0.37	-26.3	1.23	-16.0	1.60	-18.6	5.2
Manpower	0.16	-2.7	0.06	4.5	0.21	-0.9	0.7
Info-Communications Technology	0.03	-7.1	0.03	21.1	0.06	6.4	0.2
GOVERNMENT ADMINISTRATION	0.82	3.5	0.88	63.1	1.70	27.6	5.6
Finance	0.37	7.6	0.33	27.2	0.70	16.1	2.3
Law	0.10	3.4	0.33	79.0	0.43	53.0	1.4
Organs of State	0.20	5.7	0.17	248.8	0.37	55.6	1.2
Prime Minister’s Office	0.16	-7.1	0.05	5.7	0.20	-4.4	0.7
TOTAL	20.86	4.4	9.58	8.5	30.44	5.6	100.0

As in previous years, the Social Development sector takes up the largest share (44%) of total expenditure, followed by Security and External Relations (37%), Economic Development (13%) and Government Administration (6%).

The charts below show the expenditure allocations for FY2004 by sector, and the sectoral distribution of operating, development and total expenditure. The change in total expenditure between FY2003 and FY2004 by sector and ministry is given in Annex C.