Budget Item

Approved 2003/2004 Budget

Projected 2003/2004 Outturn

Proposed 2004/2005 Budget

Revenues and Grants

Revenue

   Tax Revenue   

      Customs

      Income Tax

      Sales Tax/VAT

      Oil Levy

      Other tax revenues

    Non-tax revenue

      Water Royalty

      Other non-tax

Grants

      Project Grants

      Budgetary Support

Expenditure & Net lending

  Recurrent Expenditure

    Wages and Salaries

    Other Purchases

         Transfers and Subsidies

         Other Goods and Services

    Interest Payments

         Foreign Debt

         Domestic Debt

  Capital Expenditure

    GoL Funded

    Externally Funded

       Grant Funded

       Loan Funded

  Net Lending

Overall deficit before grants

Overall deficit after grants

Total Financing

  Foreign Financing

      Loan Drawings

      Amortization (Loan repayment)

  Domestic Financing

40.1

36.8

30.7

16.3

8.7

4.5

1.0

0.2

6.1

2.5

3.6

3.4

3.1

0.3

45.3

35.8

12.9

20.4

7.2

13.2

2.4

1.3

1.1

9.7

3.7

6.0

3.1

3.0

-0.2

-8.5

-5.2

5.2

0.0

3.0

-3.0

5.2

42.6

39.4

33.6

16.6

9.9

5.9

1.0

0.2

5.8

2.5

3.3

3.2

2.8

0.4

45.5

37.0

13.1

21.3

7.4

13.9

2.5

1.1

1.5

8.7

3.7

4.9

2.8

2.1

-0.2

-6.1

-2.9

2.9

-0.3

2.1

-2.4

3.2

48.4

44.9

39.1

21.3

9.6

7.2

0.9

0.2

5.7

2.5

3.2

3.6

2.9

0.7

45.8

37.0

13.0

21.8

9.0

12.8

2.3

1.0

1.3

8.9

3.8

5.1

2.9

2.2

-0.2

-0.9

2.7

-2.7

-0.4

2.2

-2.7

-2.2