government of the turks and caicos islands budget 2016-2017 the appropriation

339 Pages·2016·7.63 MB·English

by  Bob Hawkins

GOVERNMENT
OF THE
TURKS AND CAICOS ISLANDS
BUDGET
2016-2017
THE APPROPRIATION (2016/17) ORDINANCE 2016
(SUPPORTING SCHEDULES)
GOVERNMENT OF THE TURKS AND CAICOS ISLANDS
BUDGET BOOK 2016-19
INDEX
Page #
Section All Ministries and Departments
1 Introduction
Minister of Finance, Trade and Investment 1.1
Ministries Statement of Purpose 1.2
2 Budget Summaries & Chart Analysis
Revenue and Expenditure by Ministry and Administrative Units 2.1
Chart 1 - Revenue by Ministry and Adminsitrative Units
Chart 2 - Expenditure by Ministry and Administrative Units
Revenue and Expenditure by economic Classification 2.2
Chart 3 - Revenue by Economic Classification
Chart 4 - Expenditure by Economic Classification
Revenue and Expenditure by Standard Object Code 2.3
Chart 5 - Comparison of Revenue and Expenditure
Revenue by Ministry, Administrative Units and Departments 2.4
Revenue by Ministry and Economic Classification 2.5
Expenditure by Ministry, Administrative Units and Departments 2.6
Expenditure Summary for the Financial Year 2015-16 2.7
Chart 6 - Expenditure Summary for the FY 2015-16
Summary of Funds and Debt Management 2.8
3 Department Budgets
Detail Revenue and Expenditure Budgets and Performance Indicators 3.1 - 3.204
Governor's Office
Police
Attorney General's Chambers
Judiciary
Statutory Charges
Ministry of Border Control and Labour
Ministry of Finance ,Trade & Investment
Office of the Deputy Governor
Min. of Education, Youth, Sports and Library Services
Office of the Director of Public Prosecutions
Ministry of Home Affairs, Transportation and Communications
Ministry of Infrastructure, Housing and Planning
Ministry of Tourism, Environment, Heritage and Culture
Ministry of Health, Agriculture and Human Services
House of Assembly
Office of the Premier, District Administration
GOVERNMENT OF THE TURKS AND CAICOS ISLANDS
BUDGET BOOK 2016-19
INDEX
Page #
Section All Ministries and Departments
4 Human Resources Budget
Summary by Ministry and Administrative Units 4.0
Human Resources Plan by Ministry, Administrative Units and Department
Governor's Office 4.1 - 4.3
Police 4.4
Attorney General's Chambers 4.5 - 4.9
Judiciary 4.10
Ministry of Border Control and Labour 4.11 - 4.16
Ministry of Finance ,Trade & Investment 4.17 - 4.25
Office of the Deputy Governor 4.26 - 4.31
Min. of Education, Youth, Sports and Library Services 4.32 - 4.44
Office of the Director of Public Prosecutions 4.45
Ministry of Home Affairs, Transportation and Communications 4.46 - 4.55
Ministry of Infrastructure, Housing and Planning 4.56 - 4.64
Ministry of Tourism, Environment, Heritage and Culture 4.65 - 4.68
Ministry of Health, Agriculture and Human Services 4.69 - 4.80
House of Assembly 4.81
Office of the Premier, District Administration 4.82 - 4.86
5 Capital Development Programme
Introduction 5.1
Summary by Funding Source 5.2
Development Programmes Summary by Ministry 5.3
Development Programme by Ministry and Project 5.4
6 Public Debt Management
Summary of Public Debt 6.1
Debt Repayment Schedule 6.2
Statement of Commitments and Contingent Liabilities 6.3
INTRODUCTION
BY THE
MINISTER OF FINANCE, TRADE AND INVESTMENT
The 2016/17 Budget andFiscal StrategyPolicyStatements are representational of thepriorities ofthe Turksand
Caicos Islands Government and are in line with the Public Financial Management Ordinance (2012).
The Budget provides an overview of the Government’s revenue and expenditure plan for the fiscal year April 1,
2016 to March 31, 2017. The Fiscal Strategic Policy Statement (FSPS), indicates the medium term projections
for 2016/17 - 2018/19 along with the fiscal and macro-economic assumptions.
The budget estimates for fiscal year 2015/16 include revenues of $255,648,568, operating expenditures of
$252,241,289, contributions to the Development Fund of $36,479,000
The document layout is as follows:
Section 1: Introduction
Section 2: Budget summaries and charts of the financial forecasts;
Section 3: Revenue and expenditure details by each government department;
Section 4: Human resource plan;
Section 5: Development fund projection; and
Section 6: Public debt including the statutory bodies
Accounting Officers are being reminded to use this document to ensure that the Government’s policies are
appropriately executed and that they remain within the amounts approved by the House of Assembly. In a similar
way, accounting officers will also be called up and will be held accountable to ensuring that appropriate financial
instructions and controls are properly applied, in accordance with the Public Financial Management Ordinance and
Regulations 2012.
I therefore submit this document for adoption, to the Cabinet and the House of Assembly in the first instance, and
subsequently to members of staff at each ministry and department. I also submit this document to the people of
the Turks and Caicos Islands, as a tool upon which they should measure my Government's agenda for economic
stability and growth.
I would like to express personal thanks to all those who contributed to this process. I wish to acknowledge the
input of my ministerial colleagues, the Chief Financial Officer, Deputy Governor, permanent secretaries, heads of
department, and financial managers. Finally, I am most grateful for the effort of the Permanent Secretary, Finance
and her team who worked assiduously to prepare this document.
C. Washington Misick, OBE
Minister of Finance, Trade and Investment
1.1
GOVERNMENT
OF THE
TURKS AND CAICOS ISLANDS
BUDGET 2016-17
SECTION 2:
SUMMARIES AND CHARTS
GOVERNMENT OF THE TURKS AND CAICOS ISLANDS
Estimates of Consolidated Fund Receipts and Payments for April 2016 to March 2019
Summary by Ministry and Administrative Units
2014/2015 2015/2016 2016/2017 2017/2018 2018/2019
All Ministries and Departments Audited Original Revised Forecast
Estimate Estimate Estimate
Actual Estimate Estimate Outturn
Revenue, Grants and Other Receipts
01 Office of the Governor - - - - - - -
03 Police 9 6,600 102,000 102,000 89,293 97,364 97,364 97,364
04 Attorney General's Chambers 2 7,913,368 19,559,023 19,559,023 25,872,928 24,720,210 24,720,210 24,720,210
05 Judiciary Administration 9 70,570 1,050,000 1,050,000 1,110,462 1,132,708 1,132,708 1,132,708
16 Ministry of Border Control and Employment Services 2 3,596,550 19,948,500 19,948,500 25,314,168 23,505,552 23,505,552 23,505,552
54 Ministry of Finance, Trade and Investment 1 86,561,209 185,610,998 185,610,998 200,839,700 194,516,305 193,016,305 196,016,305
57 Ministry of Education, Youth, Sports and Library Services 8 22,552 398,820 398,820 563,775 409,064 409,064 409,064
59 Ministry of Home Affairs, Transportation and Communication 4 ,270,218 3,780,000 3,780,000 4,476,695 4,082,871 4,082,871 4,082,871
60 Ministry of Infrastructure, Housing and Planning 1 ,593,979 1,487,750 1,487,750 1,102,155 1,367,782 1,367,782 1,367,782
61 Ministry of Tourism, Environment, Heritage and Culture 5 ,534,620 4,626,552 4,626,552 4,738,974 4,728,152 4,728,152 4,728,152
62 Ministry of Health, Agriculture and Human Services 2 92,756 345,437 345,437 305,468 338,560 338,560 338,560
Total Revenue, Grants and Other Receipts 2 51,652,421 236,909,080 236,909,080 264,413,618 254,898,568 253,398,568 256,398,568
Expenditure
01 Office of the Governor 3 ,377,693 4,251,493 4,327,927 3,683,428 5,369,229 4,869,229 4,869,229
03 Police 2 0,485,363 20,713,550 23,740,848 22,963,967 24,853,708 19,678,708 19,678,708
04 Attorney General's Chambers 6 ,190,209 8,863,702 11,178,398 10,512,381 6,720,477 5,828,831 5,828,831
05 Judiciary Administration 3 ,925,738 6,481,078 8,496,479 7,792,299 7,662,733 3,662,733 3,662,733
14 Statutory Charges 1 5,029,344 16,240,595 13,668,409 12,755,330 13,891,216 14,483,742 14,550,232
16 Ministry of Border Control and Employment Services 5 ,161,480 6,632,281 6,852,604 5,643,921 7,633,645 7,661,977 7,661,977
54 Ministry of Finance, Trade and Investment 1 2,729,779 15,210,857 15,321,308 15,064,119 18,623,716 18,862,642 19,012,642
56 Office of the Deputy Governor 1 ,413,750 2,144,150 2,102,896 1,950,175 2,257,190 2,257,190 2,257,190
57 Ministry of Education, Youth, Sports and Library Services 2 0,715,496 26,737,162 26,388,298 24,743,311 27,714,235 27,991,213 27,991,213
58 Office of the Director of Public Prosecutions 1 ,428,789 2,255,728 2,225,455 2,196,250 1,488,665 1,488,665 1,488,665
59 Ministry of Home Affairs, Transportation and Communication 7 ,106,029 9,388,663 9,236,509 8,208,877 10,178,539 10,178,538 10,178,538
60 Ministry of Infrastructure, Housing and Planning 1 3,608,446 14,711,382 15,906,358 15,604,877 15,678,103 15,678,103 15,678,103
61 Ministry of Tourism, Environment, Heritage and Culture 5 ,006,877 6,468,673 6,704,696 5,793,470 7,187,286 7,187,286 7,187,286
62 Ministry of Health, Agriculture and Human Services 5 5,079,416 57,228,944 57,092,192 55,597,214 61,046,335 61,895,579 61,895,579
63 House of Assembly 2 ,766,226 2,816,103 2,822,438 2,770,509 3,047,964 3,047,964 3,047,964
64 Office of the Premier, District Administration 1 ,396,342 2,273,203 2,580,751 1,988,844 2,409,249 2,409,249 2,409,249
Total Expenditure before Capital Contribution 1 75,420,979 202,417,563 208,645,565 197,268,972 215,762,289 207,181,648 207,398,138
Net Revenue / Expenditure 7 6,231,441 34,491,517 28,263,515 67,144,646 39,136,280 46,216,920 49,000,430
Capital Receipts
14 Statutory Charges 1 ,301,518 1 ,215,502 1 ,215,502 5 11,663 7 50,000 - -
Total Capital Receipts 1 ,301,518 1,215,502 1,215,502 511,663 750,000 - -
Contributions to the Development Fund
14 Statutory Charges (7,900,300) (22,302,717) (26,404,717) (26,404,717) (36,479,000) (34,500,000) (34,500,000)
Total Contributions (7,900,300) (22,302,717) (26,404,717) (26,404,717) (36,479,000) (34,500,000) (34,500,000)
Net Surplus/(Deficit 6 9,632,659 13,404,302 3,074,300 41,251,592 3,407,280 11,716,920 14,500,430
Plus:
Bond and Other Cash Inflows 5 81,029 1 ,185,415 1 ,185,415 2 ,068,929 1 02,083 5 2,083 5 2,083
TCInvest Capital Inflows 7 12,000 1 ,000,000 1 ,000,000 3 27,500 6 00,000 5 50,000 4 50,000
New Borrowing 5 6,062,371 5 6,062,371 3 3,000,000 2 0,000,000 2 0,000,000 2 0,000,000
Transfer out of Sinking Fund 9 ,000,000 1 16,591,245 1 16,591,245 1 37,026,136
Less:
Debt Servicing - Principal Repayments ( 15,806,555) ( 174,391,245) ( 174,391,245) ( 180,125,133) ( 13,405,101) ( 15,196,768) ( 16,016,212)
Sovereign Wealth Fund - - ( 8,000,000) ( 12,000,000) ( 20,000,000)
Contributions to the Sinking Fund ( 60,845,877) ( 19,148,000) ( 19,148,000) ( 27,000,000)
Net Cash Flow 3 ,273,256 (5,295,912) (15,625,914) 6,549,024 2,704,262 5,122,235 (1,013,699)
2.1
GOVERNMENT OF THE TURKS AND CAICOS ISLANDS
Revenue by Ministry and Administrative Units
For Financial Year 2016-17
Ministry of Tourism,
Ministry of Environment, Heritage
Infrastructure, Housing and Culture
and Planning 1.9%
0.5%
Ministry of Home Police
Affairs, Transportation 0.0%
and Communication
1.6%
Ministry of Health,
Agriculture and Human
Ministry of Education,
Services
Youth, Sports and
0.1%
Library Services
0.2%
Attorney General's
Chambers
9.7%
Judiciary
Administration
0.4%
Ministry of Border
Control and
Employment Services
9.2%
Ministry of Finance,
Trade and Investment
76.3%
Chart 1 - Revenue, Grants and Other Recepits
GOVERNMENT OF THE TURKS AND CAICOS ISLANDS
Expenditure By Ministry and Administrative Units
For Financial Year 2016-17
Office of the Governor
2.5%
Ministry of Health, House of Assembly
Attorney General's
Agriculture and 1.4%
Police Chambers
Human Services
28.6% 11.6% 3.1%
Judiciary
Administration
3.6%
Statutory Charges
6.5%
Ministry of Border
Control and
Employment Services
Ministry of Tourism, 3.6%
Environment, Heritage
and Culture
Ministry of Finance,
3.4%
Trade and Investment
Ministry of Education, 8.7%
Youth, Sports and
Library Services Office of the Deputy
Ministry of 13.0% Governor
Office of the Director
Infrastructure, Housing 1.1%
of Public Prosecutions
and Planning
0.7%
7.3%
Ministry of Home
Affairs, Transportation
and Communication
4.8%
Chart 2 - Total Expenditure before Capital Contribution
GOVERNMENT OF THE TURKS AND CAICOS ISLANDS
Estimates of Consolidated Fund Receipts and Payments for April 2016 to March 2019
Summary by Economic Classification
AuFdYit2e0d1 4/15 FY2015/1F6orecast FY2016/17 FY2017/18 FY2018/19
PARTICULARS Actual % of Estimate % of Outturn % of Estimate % of Estimate % of Estimate % of
Apr-Mar Rev. Apr-Mar Rev. Apr-Mar Rev. Apr-Mar Rev. Apr-Mar Rev. Apr-Mar Rev.
Hotel and Restaurant Tax 51,849,508 20% 54,681,174 23% 59,531,799 22% 61,276,525 24% 61,276,525 24% 0%
Import Duties 61,571,527 24% 59,976,884 25% 67,859,850 26% 67,589,877 26% 67,589,877 27% 67,589,877 35%
Other Customs Duties 35,244,879 14% 32,214,545 14% 32,119,282 12% 32,862,102 13% 32,862,102 13% 32,862,102 17%
Work Permit and Other Immigration
Fees 23,596,550 9% 19,948,500 8% 25,314,168 10% 23,505,552 9% 23,505,552 9% 23,505,552 12%
Communications Related Receipts 8,599,470 3% 7,415,508 3% 8,164,933 3% 7,849,590 3% 7,849,590 3% 7,849,590 4%
Business and Banking Related
Receipts 9,414,894 4% 5,848,615 2% 6,733,466 3% 6,358,326 2% 6,358,326 3% 6,358,326 3%
Stamp Duty on Land Transactions 25,825,587 10% 18,537,000 8% 24,946,158 9% 23,776,009 9% 23,776,009 9% 23,776,009 12%
Airport and Air Travel taxes - 0% 1,000,000 0% - 0% - 0% 1,000,000 0% 4,000,000 2%
Vehicle & Driver Licence Fees 3,809,195 2% 3,350,200 1% 4,024,621 2% 3,643,308 1% 3,643,308 1% 3,643,308 2%
Fuel Tax 8,685,134 3% 8,575,545 4% 8,803,421 3% 8,415,270 3% 8,415,270 3% 8,415,270 4%
Other Receipts 17,864,980 7% 16,761,109 7% 18,462,652 7% 15,622,009 6% 17,122,009 7% 17,122,009 9%
Recurrent Revenue 246,461,723 97% 228,309,080 96% 255,960,350 97% 250,898,568 98% 253,398,568 100% 195,122,043 100%
Civil Recovery Actions 1,100,000 0% - 0% - 0% - 0% - 0% - 0%
GTeralenctosmmunication Taxes 4,090,698 2% 5,000,000 2% 4,953,268 2% 4,000,000 2% - 0% - 0%
(Outstanding Liabilities) - 0% 3,600,000 2% 3,500,000 1% - 0% - - 0%
Grants and Other Receipts 5,190,698 2% 8,600,000 4% 8,453,268 3% 4,000,000 2% - 0% - 0%
Capital Receipts 1,301,518 1% 1,215,502 1% 511,663 0% 750,000 0% - 0% - 0%
TOTAL REVENUE AND RECEIPTS 252,953,939 100% 238,124,581 100% 264,925,281 100% 255,648,568 100% 253,398,568 100% 195,122,043 100%
Salaries, Wages and Allowances 60,879,743 24% 75,262,550 32% 69,792,307 26% 81,128,211 32% 81,831,626 32% 81,931,626 42%
Pensions and Gratuities 6,984,709 3% 5,751,000 2% 5,059,106 2% 5,779,347 2% 5,779,347 2% 5,779,347 3%
Personnel Costs 67,864,452 27% 81,013,550 34% 74,851,413 28% 86,907,559 34% 87,610,973 35% 87,710,973 45%
NHIB and Hospital Charges 42,922,315 17% 43,080,599 18% 43,205,572 16% 44,750,839 18% 44,750,839 18% 44,750,839 23%
Property Rentals 4,923,930 2% 5,585,541 2% 5,089,286 2% 5,831,854 2% 5,810,854 2% 5,810,854 3%
Operating Expenses 6,454,703 3% 8,975,969 4% 10,196,546 4% 10,047,467 4% 5,957,467 2% 5,957,467 3%
Maintenance 7,229,363 3% 7,385,588 3% 8,119,107 3% 8,325,909 3% 9,290,909 4% 9,290,909 5%
Utilities 4,088,036 2% 4,367,984 2% 3,490,334 1% 4,273,525 2% 4,269,525 2% 4,269,525 2%
Grants and Contributions 3,533,912 1% 5,383,564 2% 5,457,452 2% 6,271,028 2% 6,279,338 2% 6,329,338 3%
Local Travel & Subsistence 1,680,355 1% 2,006,476 1% 1,865,872 1% 2,291,754 1% 2,287,754 1% 2,287,754 1%
Communication 1,365,773 1% 1,665,211 1% 1,249,461 0% 1,598,324 1% 1,598,324 1% 1,598,324 1%
Professional and Consultancy Services 2,107,049 1% 3,588,038 2% 5,927,675 2% 3,191,131 1% 3,181,131 1% 3,181,131 2%
Subventions 8,167,702 3% 9,931,133 4% 9,977,330 4% 12,313,376 5% 12,313,376 5% 12,313,376 6%
Other Expenses 11,196,851 4% 18,616,380 8% 17,148,158 6% 21,416,853 8% 21,222,638 8% 21,222,638 11%
Other Recurrent Expenditure 93,669,989 37% 110,586,482 46% 111,726,793 42% 120,312,060 47% 116,962,155 46% 117,012,155 60%
Recurrent Expenditure 161,534,441 64% 191,600,032 80% 186,578,206 70% 207,219,619 81% 204,573,128 81% 204,723,128 105%
Criminal Recovery Action Expenses 4,649,812 2% 3,000,000 1% 3,000,000 1% 5,175,000 2% - 0% - 0%
Civil Recovery Action Expenses 2,222,102 1% 1,157,936 0% 1,157,936 0% 900,000 0% - 0% - 0%
Interest Payments 7,014,624 3% 6,659,595 3% 6,532,830 2% 2,467,670 1% 2,608,520 1% 2,675,010 1%
Non-Recurrent Expenditure 13,886,538 5% 10,817,531 5% 10,690,766 4% 8,542,670 3% 2,608,520 1% 2,675,010 1%
Capital Contribution 7,900,300 3% 22,302,717 9% 26,404,717 10% 36,479,000 14% 34,500,000 14% 34,500,000 18%
TOTAL EXPENDITURE AND
PAYMENTS 183,321,279 72% 224,720,276 94% 223,673,689 84% 252,241,289 99% 241,681,648 95% 241,898,138 124%
OPERATING SURPLUS/(DEFICIT) 69,632,660 28% 13,404,305 6% 41,251,592 16% 3,407,280 1% 11,716,920 5% ( 46,776,095) -24%
New Borrowing - 0% 56,062,371 24% 33,000,000 12% 20,000,000 8% 20,000,000 8% 20,000,000 10%
Bond Repurchase Inflow 581,029 0% 1,185,415 0% 2,068,929 1% 102,083 0% 52,083 0% 52,083 0%
TCInvest Principal Inflows 712,000 0% 1,000,000 0% 327,500 0% 600,000 0% 550,000 0% 450,000 0%
Transfer from the Sinking Fund 9,000,000 116,591,245 137,026,136
Sovereign Wealth Fund ( 8,000,000) (12,000,000) ( 20,000,000)
Debt Repayment ( 15,806,555) -6% (174,391,245) -73% ( 180,125,133) -68% ( 13,405,101) -5% (15,196,768) -6% ( 16,016,212) -8%
Financing ( 5,513,526) -2% 447,786 0% ( 7,702,568) -3% ( 703,018) 0% (6,594,685) -3% ( 15,514,129) -8%
Net Cash Flow before Transfers 64,119,134 25% 13,852,091 6% 33,549,024 13% 2,704,263 1% 5,122,235 2% ( 62,290,224) -32%
Transfer to Sinking Fund 60,845,877 24% 19,148,000 8% 27,000,000 10% 0% 0% 0%
Net Cash Flow 3,273,257 1% (5,295,909) -2% 6,549,024 2% 2,704,263 1% 5,122,235 2% ( 62,290,224) -32%
2.2
GOVERNMENT OF THE TURKS AND CAICOS ISLANDS
Estimates of Consolidated Fund Receipts and Payments for April 2016 to March 2019
Summary by Standard Object Code
2014/2015 2015/2016 2016/2017 2017/2018 2018/2019
SOC SOC - Account Description Original Revised Forecast
Estimate Estimate Estimate
Account Actual Estimate Estimate Outturn
110 Taxes on Transactions 66,266,556 72,048,375 72,048,375 76,614,548 74,099,792 75,099,792 78,099,792
120 Taxes on Domestic Goods and Transactions 27,237,129 19,722,086 19,722,086 26,412,988 25,257,096 25,257,096 25,257,096
130 Licenses 12,362,434 9,431,132 9,431,132 9,696,436 9,772,070 9,772,070 9,772,070
150 Duties 103,584,644 99,136,449 99,136,449 106,672,154 106,631,093 106,631,093 106,631,093
160 Fees, Fines and Permits 28,749,177 23,640,232 23,640,232 29,606,967 28,254,577 28,254,577 28,254,577
161 Fees, Fines and Permits 660,856 2 40 240 1 3,689 1 44 1,500,144 1,500,144
170 Interest, Rent and Dividends 1,489,498 2,178,900 2,178,900 2,433,634 1,517,513 1,517,513 1,517,513
180 Other Revenues 11,452,878 11,171,665 11,171,666 13,182,180 9,647,081 5,647,081 5,647,081
181 Refunds ( 150,751) ( 420,000) (420,000) ( 218,978) ( 280,799) ( 280,799) ( 280,799)
198 Prior Year Adjustment - - - - - - -
199 Capital Receipts 1,301,518 1,215,502 1,215,502 511,663 750,000 - -
TOTAL REVENUE & RECEIPTS 252,953,938 238,124,581 238,124,582 264,925,281 255,648,568 253,398,568 256,398,568
310 Personal Emoluments 47,133,396 60,150,878 58,538,793 56,024,541 65,572,027 66,256,474 66,356,474
311 Wages 4,666,462 5,021,163 5,119,607 4,714,563 4,862,579 4,875,966 4,875,966
315 Allowances 9,057,485 10,071,512 10,332,659 9,030,207 10,669,605 10,675,186 10,675,186
320 Rewards and Incentives 2 2,400 1 9,000 23,300 2 3,000 2 4,000 2 4,000 2 4,000
321 Pension and Gratuities 6,984,709 5,751,000 5,751,000 5,059,106 5,779,347 5,779,347 5,779,347
323 Local Travel and Subsistence 1,680,355 2,006,476 2,362,463 1,865,872 2,291,754 2,287,754 2,287,754
324 International Travel and Subsistence 1,004,577 1,404,637 1,643,784 1,396,015 1,743,876 1,738,376 1,738,376
326 Utilities 4,088,036 4,367,984 4,525,339 3,490,334 4,273,525 4,269,525 4,269,525
328 Communication Expenses 1,365,773 1,665,211 1,691,155 1,249,461 1,598,324 1,598,324 1,598,324
330 Office Expenses 1,743,636 1,966,896 4,210,655 3,948,864 2,223,639 2,218,158 2,218,158
331 Subscriptions 308,504 398,973 364,041 328,466 424,279 404,279 404,279
333 Other Supplies, Materials and Equipment 400,959 481,990 574,654 415,207 581,692 581,692 581,692
335 Operating Expenses 6,454,703 8,975,969 11,277,374 10,196,546 10,047,467 5,957,467 5,957,467
337 Maintenance Expenses 7,229,363 7,385,588 8,437,927 8,119,107 8,325,909 9,290,909 9,290,909
338 Protective Clothing, Chemicals 291,354 405,113 402,263 418,813 426,110 426,110 426,110
340 Rental of Assets 4,923,930 5,585,541 5,300,541 5,089,286 5,831,854 5,810,854 5,810,854
342 Recurrent Programmes and Projects 2,027,672 1,931,101 2,574,516 2,164,922 3,970,084 3,470,084 3,470,084
343 Professional and Consultancy Services 2,107,049 3,588,038 6,321,691 5,927,675 3,191,131 3,181,131 3,181,131
344 Computer Licence, Software and Maintenance 1,116,654 1,037,450 1,006,450 971,819 1,032,328 1,032,328 1,032,328
345 Insurance 610,389 804,225 684,718 660,646 786,725 786,725 786,725
347 Hosting and Entertainment 317,253 499,823 638,305 485,898 872,629 792,629 792,629
350 Training 446,540 668,332 647,185 431,502 789,854 789,854 789,854
353 Drugs, Medical and Laboratory Supplies 163,154 193,164 232,664 210,557 226,980 191,980 191,980
355 Advertising and Promotions 5 6,013 121,205 299,701 6 5,923 155,634 155,634 155,634
357 Grants and Contributions 3,533,912 5,383,564 5,454,589 5,457,452 6,271,028 6,279,338 6,329,338
358 Subventions 8,167,702 9,931,133 10,366,133 9,977,330 12,313,376 12,313,376 12,313,376
360 Social Welfare 1,185,066 1,470,257 1,479,817 1,135,688 1,568,488 1,568,488 1,568,488
361 Transfer to NHIB and Treatment Abroad 19,687,389 19,367,139 19,499,239 19,492,112 20,505,439 20,505,439 20,505,439
362 Medical Treatment Local 8 81 1 0,320 3,480 7 ,320 - - -
375 Claims against Government 570,517 2,805,302 2,805,302 2,805,302 514,150 514,150 514,150
380 Other Sundry expenses 7,825,594 5,775,526 5,675,353 5,417,107 7,627,151 1,552,151 1,552,151
383 Contingency - 2,800,000 27,814 - 4,548,234 5,000,000 5,000,000
390 Debt Servicing - Interest (TCInvest) - - - - - - -
391 Debt Servicing - Interest 7,014,624 6,659,595 6,659,595 6,532,830 2,467,670 2,608,520 2,675,010
392 Hospital Provisional Charges 23,234,927 23,713,460 23,713,460 23,713,460 24,245,400 24,245,400 24,245,400
393 Capital Contribution 7,900,300 22,302,717 26,404,717 26,404,717 36,479,000 34,500,000 34,500,000
398 Prior Year Adjustment - - - 442,041 - - -
TOTAL EXPENDITURE AND PAYMENTS 183,321,279 224,720,280 235,050,282 223,673,689 252,241,289 241,681,648 241,898,138
NET SURPLUS/(DEFICIT) 69,632,659 13,404,301 3,074,300 41,251,592 3,407,280 11,716,920 14,500,430
2.3