FISCAL SUMMARY 2016/17
GOVERNMENT OF THE BAHAMAS
2016/17 BUDGET ESTIMATES
F i sc al Summa r y 20 16 / 17
Revenue
Import and Export Duties
Excise Duties
Value Added and Other Taxes
Property Taxes
Departure Taxes
Stamp Taxes
Other Taxes
$
$
$
$
$
$
$
347,700,000.00
300,325,000.00
652,563,015.00
153,500,000.00
142,600,000.00
104,565,950.00
474,705,658.00
Total Recurrent Revenue (1)
$
2,175,959,623.00
Total Recurrent Expenditure (2)
$
2,033,620,343.00
Recurrent Balance (3:1-2)
$
142,339,280.00
Capital Expenditure (4)
GFS Deficit (5:1-2-4)
Debt Redemption (6)
$
$
$
242,114,000.00
(99,774,720.00)
(287,081,279.00)
Total amount to be financed in 2016/17 (7:5+6)
$
(386,855,999.00)
$
386,855,999.00
Expenditure (excluding Debt Redemption)
[32]
2016/2017
DRAFT
ESTIMATES
OF REVENUE &
EXPENDITURE
Personal Emoluments
Allowances
Interest
Other Expenses
Financing Sources ( Capital Revenue)
Grants and Capital Revenue
General Borrowing
Total Capital Revenue (8)
$
$
$
$
$
$
709,294,810.00
46,858,441.00
271,735,721.00
1,005,731,371.00
2,207,000.00
384,648,999.00