APPENDICES

Expenditure

$ Million

Actual

1998-1999

Actual 2002-2003

Revised Estimate

2003-2004

Operating Expenditure

Recurrent expenditure

Personal emoluments

44,092

50,966

49.585

Personnel related expenses

4,708

4,830

4,938

Pensions

7.395

12.107

13.804

Departmental expenses

8,935

15,563

16,291

Other charges

28,568

33,655

35,209

Subventions-

Education

21,082

25,894

25,921

Medical

26,562

29,553

29,111

Social welfare

5,419

6,818

7,031

University and Polytechnic

13.189

13,189

12,900

Vocational Training Council

1.968

2,005

1.926

Miscellaneous

2,359

3,424

3,312

Other non-recurrent

13,129

2,306

6,706

Total Operating Expenditure

177,406

200,310

206,734

Capital Expenditure

General Revenue Account

Plant, equipment and works

790

Capital subventions

1,454

952 953

896 1.088

Funds

Capital Works Reserve Fund

31,267

30.919

35,593

Disaster Relief Fund

38

19

11

Innovation and Technology Fund

295

502

Loan Fund

7,856

2,789

2,710

Lotteries Fund

1,073

Total Capital Expenditure

41,405

35,927

41.873

Total Government Expenditure

218,811

236,237

248,607

Equity Investments (Capital Investment Fund)

20,545

2,940

4,253

Total Government Expenditure and Equity Investments

239,356

239,177

252,860

479

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