Education Sector Plan: Education for All: Embracing Change, Securing Finale | Page 72

Education for All: Embracing Change, Securing the Future
Table 14: Financing gap, constant XCD thousands, 2016
2017 2018 2019 2020
2021
Current expenditure 92,284 94,168 95,577 97,384 100,166
Capital expenditure 19,087 18,634 18,373 18,094 18,090
Plan expenditure
Programme expenditure
17,550 18,973 18,764 12,576 8,200
128,921 131,775 132,713 128,054 126,456
Current expenditure 92,284 90,070 88,973 93,459 98,062
Capital expenditure 19,087 17,866 17,483 18,365 19,270
Programme expenditure (guaranteed) 16,546 16,511 15,990 9,978 5,568
127,917 124,447 122,446 121,802 122,900
0 4,098 6,603 3,926 2,104
Gap on capital + programme expenditure 1,005 3,230 3,663 2,327 1,451
Total 1,005 7,328 10,266 6,252 3,555
% of potential recurrent budget 0.0% 4.5% 7.4% 4.2% 2.1%
Total
Potential budget
Total
Financing gap
70
Gap on current expenditure
% of potential capital budget 2.8% 9.4% 10.9% 8.2% 5.8%
% of total budget 0.8% 5.9% 8.4% 5.1% 2.9%
14 108 286 16 16
35,647 34,485 33,759 28,359 24,854
991 3,122 3,377 2,311 1,435
2.8% 9.1% 10.0% 8.1% 5.8%
Programme expenditure (likely)
New capital + programme potential budget
New funding gap for capital + programme expenditure
New % of potential capital budget (including likely financing)
Source: GoSKN (2013d, 2014b, 2015, 2016, 2017), Nevis Island Administration (2012a, 2012b, 2013a, 2013b, 2014a, 2014b, 2015a, 2015b) and
SKN ESP Simulation Model, IIEP.