The Ministry of Finance and the Public Service is reporting that tax revenues were running at $9 billion below budget during the period April to November of this fiscal year.
During that period of time it collected only $565 billion when the projections were for $574 billion.
The ministry's central government operations report also revealed that as result of this revenue shortfall it spent $2 billion less than it planned during the same period.
The fiscal deficit, which measures the difference between what it spends and what it collects, was running at minus $38.7 billion when it should have been minus $42 billion.
The ministry is also reporting that it borrowed $111.3 billion, $9.1 billion more than it planned to because of this revenue shortfall.
The government also repaid $124.6 billion - $549 million less than it was planning to repay during the period under review.
Meanwhile, the primary balance, or the amount of money that was set aside to repay the debt, was $74 billion. This was $2 billion more than budgeted for.
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