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Other outlays from the Consolidated Fund are estimated at
$3.96 billion. Of this, $2.80 billion or 71% is for transfer
to the Development Fund ($1.90 billion) and the Economic Restructuring
Shares Trust Fund ($0.90 billion). Another $0.01 billion is
for funding the utilities rebates of HDB households under
the Utilities Save Scheme.
The balance of $1.15 billion or 29% is for expenses on investments
($0.85 billion), servicing the public debt ($0.29 billion)
and agency fees on land sales ($0.01 billion).
Other outlays from the Development Fund are estimated at
$7.52 billion. Of this, $6.05 billion or 80.4% is for loans
to government agencies. A sum of $2.61 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 $1.74 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 $1.70 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, the Accounting
and Corporate Regulatory Authority under the Ministry of Finance
(MOF) and the Singapore Land Authority under the Ministry
of Law (MINLAW).
The balance of $1.47 billion is for land-related expenditure
on land development projects. The ministries with land-related
expenditure are MTI ($0.96 billion), MND ($0.51 billion) and
MINLAW ($643,900).
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