63.
Overall, as a result of these estimates, Consolidated
Account expenditure as a proportion of GDP is estimated to
increase from 15% in 1987-88 to around 15%.
Draft Estimates of revenue
64.
Turning now to the draft Estimates of revenue, total
revenue on General Revenue Account before my budget proposals is
estimated to be $55.6 billion (26). Revenue accruing to our
various funds is estimated to be $7.3 billion (26). Growth in
total revenue, taking General Revenue Account and the funds
together, is about 11%.
(26)
General Revenue Account
Capital Works Reserve Fund
Development Loan Fund
Home Ownership Fund
Mass Transit Fund
Student Loan Fund
Total Funds*
TOTAL GENERAL REVENUE
ACCOUNT + FUNDS
DRAFT ESTIMATES
1988-89 $M
REVISED ESTIMATES
1987-88 $M
55,550
50,564
4,480
786
1,981
3,380 767 1,951
83
76
7,330
6,174
62,880
56,738
Excluding transfers from General Revenue Account.
/65. Although
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