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100% increase over 2018 .. Social protection investments register 319 million pounds

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The social protection sector expenditure in the draft general budget of the state 2019/2020 about 270 billion pounds and 942 million pounds out of the trillion and 574 billion allocated for the new budget expenditures.

In addition, the sector's expenditures amounted to LE 2 billion and 115 million pounds for the first section (wages and compensation of employees), 161 million pounds for the second section (purchase of goods and services), 143 million pounds for the third part (interest) and 268 billion and 198 million pounds for the fourth section (subsidies, grants and social benefits) And 6 million pounds for the fifth section (other expenses).

Part VI (Purchase of non-financial assets – investments) was allocated 319 million pounds, compared with 156 million pounds in the 2018/2019 budget, an increase of 163 million pounds exceeding 100%.

It should be noted that the financial statement on the draft general budget 2019/2020 sent to the House of Representatives, and obtained the "seventh day" a copy of it, revealed the budget (public uses of the state) Trillona and 979 million pounds, or 32.1% of GDP, Divided into 1 trillion and 574 billion pounds of expenditure by 25.6% of GDP, compared to trillion and 424 billion pounds during the current year, an increase of 10.6%. And 29 billion pounds for the requirements of the acquisition of financial assets by 0.5% of GDP, and finally repayment of loans (domestic and foreign) by 376 billion pounds, or 6.1% of GDP.

Related topics

(tagsToTranslate) Social Protection Benefits (t) Budget 2019 2020 (t) Financial Statement of the General Budget (t) General Budget Expenditures

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