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42
11.2.87
82.
I propose a package of revenue measures that
will reduce revenue by a net $325 million in 1987-88 and
$690 million in a full year.
83.
As a result of these measures, the estimated
surplus on General Revenue Account falls from $2.1 billion
to 13 billion (26).
Fund Accounts Draft Estimates
-
84.
For the various funds from which expenditure of
a capital nature is financed, I propose total expenditure
of $10.7 billion (27). This compares with a revised
estimate for the current year of $9 billion.
(27)
Expenditure
($mn
Revenue ($mn)
Net Expenditure
($mn]
Capital Works Reserve
Fund (excluding
suspense account)
7,050
2,220
4,830
Development Loan Fund
1,690
635
Home Ownership Fund
752
1,797
1,055 (1,045)
Student Loan Fund
103
76
27
Mass Transit Fund
1,102
__1,102
10,697
4,728
5,969
Transfer from General
Revenue Account
6,600
631
Net increase in balances
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