Where the costs are unrelated to the construction of a particular fixed asset or construction or production activities generally, however, they are deductible
recurring expenses.
Total expenses reached BD2,154.2m, of which
recurring expenses amounted to BD1,692.3m and projects costs BD461.9m.
3.801 billion funds to all the universities and institutions of high learning so as the educational institutions could meet their
recurring expenses. As per details provided by the HEC, the Finance Division had provided the money to HEC for all the universities and higher learning institutions according to their share.
Be sure to factor in
recurring expenses such as student loans, monthly rent, utilities, groceries, transportation expenses and car loans.
Budget actions for fiscal 2010 include reduction of administrative costs that would not necessitate the use of reserves for
recurring expenses.
