F is c a l Summary 20 1 6/1 7
1. Recurrent Expenditure 2320 PROVISIONAL
ACTUAL
EXPENDITURE
JULY - DEC. 2015
1084 2. Recurrent Revenue 2175 905 855
3. Recurrent Balance (2minus1) -145 -179 -387
242 91 135
0 0 0
6. Capital Balance (5minus4) -242 -91 -135
7. Total Deficits (3plus6) -387 -270 -522
287 113 247
-100 -157 -275
DESCRIPTION
4. Capital Expenditure
5. Capital Revenue
8. Debt Redemption
[8]
2016/2017
MID-YEAR
BUDGET
PERFORMANCE
9. GFS Deficit (7minus8)
BUDGET
2016/17
PROVISIONAL
ACTUAL
EXPENDITURE
JULY - DEC. 2016
1242
The Recurrent and Capital Development Expenditures presented in the above Fiscal Summary excludes financial
investments in NEWCO and Bank of The Bahamas and total capital loans - Hurricane Matthew respectively.
RECURRENT EXPENDITURE
Cellular Liberalization - Payments on Behalf of NEWCO
Bank of The Bahamas - Subscription & Contingent Convertible Bond
Total Recurrent Investments 62,517,459
49,976,167
112,493,626
CAPITAL DEVELOPMENT EXPENDITURE
National Disaster Relief
Total Capital Loans - Hurricane Matthew 25,997,329
25,997,329