![annual report cover](/images/mandatory/general-content/publication-covers/annual-report-2018.png)
We administered $25 billion of government expenditure
![Pie chart showing how $25 billion was administered by MSD](/images/about-msd-and-our-work/publications-resources/corporate/annual-report/2017-2018/ar-2018-pie-graph-government-expendidture.png)
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$25.09 billion
- Departmental operating costs: $1.03bn
- Student support: 1.95bn
- Housing assistance and rent payments: $2.26bn
- Benefits and assistance: $5.91bn
- Contracted services: $0.17bn
- Debt write-off: $0.07bn
- NZ Superannuation: $13.7bn