| |
|
Budget Item |
Approved
2001/2002
Budget |
Projected
Outturn for
2001/2002 |
Proposed
2002/2003
Budget |
|
|
|
|
|
|
Revenues and
Grants |
3,210.5 |
3,122.5 |
3,505.7 |
|
Revenue |
2,884.5 |
2,864.9 |
3,110.3 |
|
Customs
Revenue |
1,438.2 |
1,438.2 |
1,470.0 |
|
Non-custom tax revenue |
956.1 |
942.0 |
1,157.8 |
|
Income
Tax |
530.2 |
579.1 |
710.6 |
|
Sales
Tax/VAT |
365.0 |
306.5 |
353.6 |
|
Oil
Levy |
57.6 |
52.0 |
74.7 |
|
Other
tax revenues |
3.3 |
4.4 |
18.9 |
|
|
|
|
|
|
Non-tax
revenue |
490.2 |
484.7 |
482.5 |
|
Grants |
326.0 |
257.6 |
395.4 |
|
|
|
|
|
|
Expenditure
& Net lending |
3,252.9 |
2,969.0 |
3,533.8 |
|
Recurrent
Expenditure |
2,450.3 |
2,462.4 |
2,728.9 |
|
Wages
and Salaries |
1,006.6 |
984.7 |
1,103.0 |
|
Interest
Payments |
215.5 |
199.5 |
214.3 |
|
Other
Goods & Services |
1,228.2 |
1,278.2 |
1,410.8 |
|
Capital
Expenditure |
802.6 |
626.6 |
804.9 |
|
GoL
Funded |
297.0 |
334.8 |
310.0 |
|
Externally Funded |
505.6 |
291.8 |
494.9 |
|
Grant
Funded |
266.0 |
161.2 |
295.4 |
|
Loan
Funded |
239.6 |
130.6 |
199.5 |
|
Net
Lending |
0.0 |
-120.0 |
0.0 |
|
|
|
|
|
|
Overall
Surplus before grants |
-368.4 |
-104.1 |
-422.7 |
|
Overall
Surplus after grants |
-42.4 |
153.5 |
-28.1 |
|
|
|
|
|
|
Total
Financing |
42.4 |
-153.6 |
28.1 |
|
Foreign
Financing |
74.9 |
-22.9 |
-23.5 |
|
Loan
Drawings |
307.6 |
213.7 |
296.4 |
|
Amortization (Loan repayment) |
-232.7 |
-236.6 |
-272.9 |
|
Domestic
Financing |
-32.5 |
-130.7 |
4.6 |
|
|
|
|
|
|
GDP
(forecast) |
6,958.9 |
6,958.9 |
7,646.2 |
|
GNP
(forecast) |
8,598.1 |
8,598.1 |
9,345.0 |
|