Estimates of Revenue and Expenditure for 2018 amounts to $993,535,449

The Estimates of Revenue and Expenditure for the 2018 fiscal year amount to nine hundred and ninety-three million, five hundred and thirty-five thousand four hundred and forty-nine dollars ($993,535,449).  This figure represents a 1.7 percent increase over the approved budget for 2017. The 2018 budget is broken down as follows:

  • Recurrent Expenditure (inclusive of Amortization and Sinking Fund Contributions) seven hundred and seventy-six million, eight hundred and seventy-nine thousand, seven hundred and thirty-nine dollars ($776,879,739); and
  • Capital Expenditure two hundred and sixteen million, six hundred and fifty-five thousand, seven hundred and ten dollars ($216,655,710);

The financing for the 2018 budget is expected to come from:

  • Current Revenue of six hundred and twenty-one million, six hundred and fifty-eight thousand, one hundred and thirty-eight dollars ($621,658,138); and
  • Capital Receipts totaling three hundred and seventy-one million, eight hundred and seventy-seven thousand, three hundred and twelve dollars  ($ 371,877,312);

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