Official figures revealed the most prominent changes in capital spending in various government agencies, as the majority of ministries and agencies witnessed a reduction in financial appropriations during the next fiscal (2022/2023), compared to the current fiscal year.
Al-Anba monitored the volume of capital spending in about 23 government agencies showed that 17 of them witnessed a decline in the estimated appropriations for capital spending with a value exceeding 400 million dinars, the Ministry of Defense alone accounts for about 66% of the value of spending cuts, while about 6 institutions witnessed an increase in the volume of capital spending by 90.114 million dinars.
The Ministry of Defense came at the top of the agencies that reduced capital spending with 264 million dinars, which constitutes 48% of the spending on the purchase of non-current assets in the current fiscal, estimated at 546.65 million dinars, while it will spend next year about 282.8 million dinars.
The Ministry of Electricity, Water and Renewable Energy was the second-highest authority to reduce capital spending by about 9%, with a value of 48.3 million dinars, to reach 508 million dinars during the next fiscal year, compared to 556.4 million dinars during the current fiscal year, and the Ministry of Interior recorded the third highest value of capital reduction during the year by about 25 million dinars, 39% of the estimated volume of expenditure in the current budget at 63.6 million dinars, as it will spend 38.5 million dinars next year.
The National Guard came in fourth highest authority to reduce capital spending by 16%, amounting to about 18 million dinars, bringing its expected spending during the next year to about 94.5 million dinars, compared to 112.4 million dinars during the current fiscal year, while the Ministry of Works ranked fifth with 15.7 million dinars, reducing capital spending by only 2% from 791.3 million dinars during the current fiscal year to 775.6 million dinars next year.
The Directorate-General of Civil Aviation reduced its spending by 13%, with a value of 9.8 million dinars, to reach about 65.66 million dinars during the next fiscal year, compared to 75.5 million dinars during the current fiscal for the next year, compared to 24.57 million dinars during the current year.
The Ministry of Communications reduced its capital spending by 22%, with a value of 3.17 million dinars, to reach 11.27 million dinars during the next year, compared to 14.45 million dinars estimated to be spent during the current year, and capital spending in the Ministry of Foreign Affairs decreased by 13%, amounting to 3 million dinars, to reach during the next year 20.21 million dinars compared to 23.24 million dinars during the current year.
In terms of increasing the volume of capital spending, the Ministry of Finance (Public Administration) came at the top of the list of entities that increased the volume of capital spending with an increase of 963%, amounting to 61 million dinars, as the volume of its spending during the next year will reach 67.29 million dinars, compared to 6.32 million estimated spending during the year current financial.
The Council of Ministers came in second place with a rate of 198%, with a value of 19.39 million dinars, bringing the volume of capital spending during the next year to about 29.2 million dinars, compared to 9.8 million estimated to be spent during the current fiscal year. And thirdly, the Ministry of Health, whose capital spending increased by 3.66%, with a value of 8.17 Millions of dinars, bringing the volume of expenditures during the next year to 230.9 million dinars, compared to 222.78 million dinars during the current fiscal year.
The Fatwa and Legislation Department ranked fourth, whose expenditure increased by a value of 821 thousand dinars, or 173%, bringing the volume of its capital expenditures during 2022/2023 to about 1.29 million dinars, compared to 474 thousand dinars during the current year, and ranked fifth by the Ministry of Justice, with an increase of 8.3%, with a value of 387 thousand dinars to 5.01 million dinars next year, compared to 4.6 million dinars during the current year, while the Ministry of Trade and Industry ranked sixth with an increase of 24.4%, with a value of 380 thousand dinars, bringing the volume of its expenditures during the next year to 1.9 million dinars, compared to 1.557 million during the year current financial.