The Estimates in the Context of the Economy

Relationship between Government Expenditure, Public Expenditure and GDP in 2001-02

 

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	(All figures in $million at 2001-02 prices)
	Government Expenditure	Public Expenditure
General Revenue Account
Recurrent Account	202,985	202,985
Capital Account	7,945 __________	7,945 __________
	210,930	210,930
Capital Works Reserve Fund	31,430	31,430
Loan Fund	9,420	9,420
Innovation and Technology Fund	890 __________	890 __________
	252,670 __________	252,670
Trading Funds		3,375
Lotteries Fund		1,010
Housing Authority		33,610 __________
		290,665 __________
GDP (see Note)		1,355,630
Public Expenditure as a % of GDP  (see Note)		21.4%

Note : GDP is calculated by applying trend growth to the latest 2000 estimate

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