SECRET
41
6.2.87
General Revenue Account - Summary of Draft Estimates
80.
Taken together, therefore, the draft estimates
of revenue and expenditure on General Revenue Account show
a surplus of $2.1 billion before taking into account any
revenue proposals (26).
SA.
After a period of difficult restructuring, we
now have a budgetary position of some strength. As I have
already mentioned, there exists a little room for easing
the additional burden on taxpayers that was necessary in
the period of adjustment. At the same time in order to
maintain yields in real terms, I intend to review some
taxes and charges which are fixed in cash terms.
(26)
Recurrent ($mn)
Capital ($mn)
Total ($mn)
Revenue
45,624
878
46,502
Expenditure (excluding
transfers to funds)
35,788
2,021
37,809
Surplus
9,836
(1,143)
8,693
Less transfers to funds
6,600
Surplus before revenue
2,093
proposals
325
Less cost of revenue
proposals
Surplus
SECRET
1,768