proposals (26).
81.
a
we
After a period of difficult restructuring, now have
budgetary position of some strength. As I have already mentioned, there exists a little
little room for easing the additional
burden on taxpayers that was necessary in the period of
adjustment. At the same time in order to maintain yields in
real terms, I intend to review some taxes and charges which are
fixed in cash terms.
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.
General
As a result of these measures, the estimated surplus on
from $2.1 billion
Revenue
$1.8 billion (26).
Account
falls
to
(26) 1987-88 General Revenue Account
Draft Estimates
Recurrent Capital Total
($mn)
($mn)
($mn)
Revenue
45,624
878
46,502
Expenditure (excluding
35,788
2,021
37,809
transfers to funds)
Surplus
9,836
(1,143)
8,693
Less transfers to funds
6,600
Surplus before revenue proposals
2,093
Less cost of revenue proposals
325
Surplus
1,768
24
/Fund
,
1Page 46
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