ENG-1989 — Page 436

Operating Expenditure Recurrent expenditure

Personal emoluments

APPENDICES

$ Million

Expenditure

Original

Actual

1987-88

Actual 1988-89

Estimate

1989-90

13,500

15,828

Personnel related expenses Pensions

Departmental expenses Other charges

Subventions——

Education

Medical

16,858

1,496

1,618

1,866

1,350

1,604

1,665

3,557

3,667

3,960

5,545

6,632

8,326

5,349

6,075

6,364

1,342

1,496

1,589

Miscellaneous

593

794

980

Social welfare

637

776

933

University and Polytechnic

1,957

2,308

2,470

Vocational Training Council

403

462

555

Other non-recurrent

185

775

628*

Debt repayment

405

1,000

Additional commitments

3,950

Total Operating Expenditure

36,319

42,035

51,144

Capital Expenditure

General Revenue Account

Plant, equipment and works

385

378

701

Defence Cost Agreement

42

28

34

Capital subventions

676

202

257

Additional commitments

130

Funds

Capital Works Reserve Fund

7,316

10.574

14,490

Development Loan Fund

1,737

416

2,086

Home Ownership Fund (Note 2)

714

Student Loan Fund

77

Mass Transit Fund

1,109

250

76

133

87

90

Total Capital Expenditure

Total Government Expenditure

12,056

11,761

17,921

48,375

53,796

69,065

Note 2: The closing balance of the Home Ownership Fund as at 31 March 1988 amounting $2,795 million was transferred to the Housing Authority on

1 April 1988 to form part of the Government's investment in the permanent capital of the Authority.

* Including additional commitments $210 million.

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