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16.17 16.19
16.16.2 As far as is possible a forecast should be made of the likely trends of revenue and expenditure, and consequently of the General Revenue Balance or deficit, for the next 2 or 3 years.
16.16.3 The financial situation and trends, as revealed by the analysis, must be related to the basic economic condition of the DT. The economic analysis may lead to important conclusions regarding the future of the grant-in-aid as well as of the economy of the Territory. If the OAG's despatch, or the financial memorandum sent with the estimates, have not provided sufficient material, for this purpose, the OAG should be asked to provide it.
16.16.4 The Financial and Economic factors have to be drawn together into a set of general conclusions. DT geographical Departments should provide an assessment of the future economic and financial condition of the DT and of the amount of budgetary aid which may be required.
16.17 RELATIONSHIP OF ESTIMATES TO DEVELOPMENT AID
Instructions for the actual presentation of estimates, although laid down in Colonial Regulations 182- 204, vary from time to time. Normally, however, amounts to be received in the form of development aid are included in the estimates themselves. This helps in relating the development aid programme of a DT to its annual estimates and, therefore, to the grant-in-aid. This consideration must always form a part of the analysis of the estimates. The expenditure of development aid is intended to promote economic development. Priority should therefore be given to projects which will provide worthwhile economic return, but expenditure is also devoted to, and, in fact, produces "infrastructure" ie roads, ports, buildings, and institutions such as schools or universities. Such projects will of course require future recurrent expenditure for maintenance and also, in the case of the institutions, for running costs including the provision of staff. Recurrent implications, therefore, must be carefully studied and should be related to the likely future ability of the DT to maintain, or to make use of, the works or institutions produced by development expenditure. Sometimes it may be necessary to regulate, slow down or phase projects which appear likely to place an undue burden on the recurrent budget of the Territory.
16.18
SUPPLEMENTARY ESTIMATES
Procedures for seeking the approval of supplementary estimates are similar to those for the submission of the estimates themselves (see paras 16.15 and 16.16). They are submitted through the DT geographical Department and the Finance Department ODM to the Treasury (if necessary). Observations on proposals for supplementary estimates should be clearly related to the original analysis of the estimates themselves. Supplementary provision will only be sought in unusual circumstances.
16.19
TECHNICAL COOPERATION
16.19.1 The responsibility for administering Technical Cooperation funds to DTs rests with the DT geographical Department concerned within the Departmental allocation of Technical Cooperation money. The scope of the UK Technical Cooperation scheme is covered in detail in ODM Office Procedure.
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