MOF-BUDGET Jun. 2016 | Page 350

Technical Notes Format of 2016/17 Budget Technical Notes TECHNICAL NOTES THE 2016-17 BUDGET ESTIMATES. The 2016/17 Budget Presentation includes the following components: 1. Provisions required to meet statutory expenditure in keeping with Article 129 (2) of the Constitution is outlined separately on page 90. The total budget for statutory expenditure inclusive of Public Debt Repayment and Interest is $ 564,291,215. Ministries with Capital Development heads are: The Ministry of Finance, The Ministry of Works and Urban Development, The Royal Bahamas Defence Force, and The Ministry of Education, Science and Technology. The Capital Budget allocation estimates are listed in Table 1 Table 1 Ministry Name [350] 2016/2017 DRAFT ESTIMATES OF REVENUE & EXPENDITURE Ministry of Finance Royal Bahamas Defence Force. Ministry of Works and Urban Development Ministry of Education Science and Technology TOTAL Budget Allocation $ 67,000,000 30,000,000 124,614,000 20,500,000 242,114,000