Medium Ranoe Forecast
(મંત્ર
le recurrent expenditure to grow by 4% p.a. using 90/91 LRF as base; PWP expenditure to grow by 7% p.a. using 90/91 LRF as base; also assume GDP 5% p.a.. general inflation 8.5% p.a. and inflation 10.5% p.a. for FWF)
(At money-of-the-day prices)
Recurrent expenditure
Other non-recurrent expenditure
Operating expenditure
Operating revenue
1991-92
$M
1992-93
$M
1993-94
$M
1994-95 1995-96 1996-97
$M
$M
$M
70.980 590
80.990 570
92,380 280
105.420 320
120.290 360
137.190 400
71.570
81.560
23.850 26.150
105.740
93.580 105.410 118.810 135.090
22.010
92.660
120.650
137,590
152.100 171,270
29.350
31,450
33,680
===
====
Capital expenditure
GRA
1.490
PWP
20.320
-
Other CWRF
Loan Fund
1.720 24.020 5.280 1.560
1.960 28.390 5.890 1.800
Capital revenue
Capital (deficit)
4.840 1,370
28.020
8.670 9.660 10,650 11,710 12,950 14.330
(19.350) (22,920) (27,390) (32,990) ́(39,660) (47,570)
2,220 33.570 6.860 2.050
2.540
2.900
39.700
46.940
8.030
9.440
2,340
2.620
32.580 38.040 44.700 52.610 61.900
==
==
Overall surplus/(deficit) before
equity
2,660
930
(1,240) (3,640) (8,210) (13,890)
Opening reserve balance (before equity)
76.540
Closing reserve balance (before equity)
79,200
79,200 80,130 78.890 75,250 67,040
80,130 78.890 75,250 67,040 53,150