Social protection expenditure ate up almost a third of the government's general expenditure during 2015, new figures released today have shown. The €1,147.7 million spent on social expenditure represented a shade above 30 per cent of all general government expenditure, and was €37.3 million more than the 2014 figure. Despite the increase, spending on social protection was down as a percentage of total expenditure when compared to previous years. Total government expenditure increased by €318.9 million over the previous year, reaching €3,814.7 million. General public services (16.4 per cent), health (14.2 per cent), education (13.3 per cent) and economic affairs (12.4 per cent) were the next biggest drains of government expenditure. Expenditure in all these sectors increased when compared to 2014, the National Statistics Office said. General public services costs were up by €41.5 million, which health expenditure was up by €56 million due to higher spending on hospital services, the NSO said. Education spending increased by €38.4 million and road infrastructure costs bumped economic affairs expenditure up by €41.2 million. Conversely, the government spent just 0.9 per cent...
from timesofmalta.com http://ift.tt/2jJzVXi
via
IFTTT
No comments:
Post a Comment