عربي
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Palestinian Central Bureau of Statistics & Ministry of Finance The press conference of the General Government Finance, 2011
US$ 3,403.5 million the total of the expenses, US$ 3,461.0 million the total of revenues, approximately 31% of which are grants and aids.
For the continuity of mutual cooperation between Ministry of Finance and the Palestinian Central Bureau of Statistics, the general government finance statistical program for the year 2011 in compliance with the preparing Government Finance Statistics Manual (GFSM 2001) issued by the International Monetary Fund in 2001, was executed for the first time.
The general government sector composes of various sub sectors the most important of which are central government that consists of all government institutions that work as agents or bureaus of the central authority and the local government such as municipalities, village councils and prect committees.
Expenses Results revealed that the total of the general government expenses had mounted US$ 3,403.5 million through the year 2011, of which 92.7% are expenses of the Central Government, distributed mainly on compensation of employees (employees’ salaries civil and militants) with the ratio of 62.0%, while the percentage of expenses on use of goods and services 16.9%,Social benefits 15.2%, and other expenses were 3.2%.
Whereas the results indicate that the amount of local government totaled US$ 249.8 million through the year 2011, that was mainly distributed on other expenses such as (insurance and maintenance of vehicles, workers allowances, expenses for executing local projects, promotional discounts to repay debts) with ratio of 33.7%, the use of goods and services with 32.7%, compensation of employees (employees’ salaries) as 30.0%.
Revenues The results show that the total of general government revenues totaled US$ 3,461.0 million through the year 2011, of which were 90.6% as central government revenues, mainly distributed on tax revenues with 62.7%, grants and aids with 33.7%, other revenues with 3.6%.
Whereas the results show that the total of the local government mounted US$ 326.2 million through the year 2011, which was mainly distributed on the other revenues which are (margins sales of water and electricity to the public) with the ratio of 82.8%, taxes and fees with 9.6%, and grants and social contributions with 6.6% and 1.0% respectively.
Net Operating Balance The calculation of the net operating balance is calculated by subtracting the total of expenses from the total the revenues, which amounted to US$ 57.5 million through the year 2011, which means that the gross of revenues exceeded the gross of expenses by this amount, this is mainly because of the grants and aids which formed the 31.1% of the total amount of revenues. The central government expenses to its revenues totaled the ratio of 100.6%, while the ratio of local government was 76.6%.
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