Monday 20 May, 2019

Budget 2018: $50.5b budget presented

The 2018 Budget is being presented by Finnace Minister Colm Imbert in Parliament at this time.

The following is a breakdown of the allocations of the $50.5 billion deficit budget. 

 

Total Revenue $45.741b (Based on US $52 per barrel, $2.75 MMBTU Oil Price)

Expenditure: $50.501b

Deficit $4.76b

Oil revenue: $6.41b

Non-oil revenue: $32.91b

 

National Security $6.24b

Education & Training $7.29 b

Health $6.03b

Public Utilities $3.55b

Local Government $1.85b

Works and Transport $3.09b

Housing $1.0b

Agriculture $0.54b

Get the latest local and international news straight to your mobile phone for free: