Jamaica Government Of 18-K Annual report (foreign governments)

Exhibit C

Jamaica

Financial Statements

and

Revenue Estimates

2004/2005

For the year ending

March 31, 2005

Ministry of Finance and Planning As Presented to the House of Representatives 15^th April, 2004

INDEX TO FINANCIAL STATEMENTS

A.	SUMMARY STATEMENTS – 2004/2005 BUDGET
	Summary of Expenditure Estimates by Ministries and Departments		(i) – (iii)
	Summary of Expenditure by Head		(iv) – (vii)
	Statutory Provisions and Provisions to be Voted		(viii) – (x)
	Summary of Total Expenditure Classified by Objects, Budget for 2003/04		(xi) – (xxv)
B.	STATEMENTS OUT-TURN 2003/2004 – POSITION AT 31ST MARCH 2004
	Statement I	-        Receipts and Payments of the Consolidated Fund	1
	Statement II	-        Deficit Financing Account	2
	Statement III	-        Revenue Estimates Compared with Consolidated Fund Receipts	3 – 4
	Statement IV	-        Expenditure Estimates Compared with Issues from The Consolidated Fund	5 – 6
	Statement V	-        Consolidated Fund Balances	7
	Statement VI	-        Capital Development Fund	8
	Statement VII	-        Contingencies Fund	9
C.	STATEMENT OF OUTSTANDING PUBLIC DEBT
	Statement VIII	-        Statement of Outstanding Public Debt	10 – 29
D.	STATEMENT OF FINANCING OF THE BUDGET 2004/2005
	Statement IX	-        Summary of Revenue Estimates and Estimates of Expenditure 2004/2005	30 – 32
	Statement X	-        Statement of the Financing of the Estimates of Expenditure 2004/2005	33
	Statement XI	-        Statement of Consolidated Fund Charges	34 – 37
	Statement XII	-        Institutional Projects and Programmes – Funding of Projects	38 – 40
E.	FUNCTIONAL CLASSIFICATION – BUDGET 2004/2005
	Statement XIII	-        Functional Classification of the Budget 2004/2005	41 – 46
F.	REVENUE ESTIMATES 2004/2005
	Summary of Revenue and Loan Receipts		47 – 48
	Details of Revenue and Loan Receipts		49 – 61

	2004-2005 Jamaica Budget
		Part I Recurrent
	Summary of Expenditure Estimates by Ministries and Departments (Showing Gross Estimates and Total Appropriations In Aid)
	$’000

	Estimates, 2004-2005
His Excellency the Governor General & Staff	50,010.0
Houses of Parliament	362,631.0
Office of the Public Defender	35,785.0
Office of the Contractor General	72,544.0
Auditor General	157,492.0
Office of the Services Commissions	86,697.0
Office of the Prime Minister	588,162.0
Office of the Cabinet	558,638.0
Ministry of Industry and Tourism	1,851,280.0
Ministry of Finance and Planning	110,809,820.0
Ministry of National Security	14,987,481.0
Ministry of Justice	1,835,443.0
Ministry of Foreign Affairs and Foreign Trade	1,227,490.0
Ministry of Labour and Social Security	1,114,755.0
Ministry of Education, Youth and Culture	29,560,000.0
Ministry of Health	15,032,970.0
Ministry of Agriculture	1,355,004.0
Ministry of Commerce, Science and Technology	1,844,866.0
Ministry of Land and the Environment	1,129,121.0
Ministry of Water and Housing	562,308.0
Ministry of Transport and Works	1,687,129.0
Ministry of Local Government, Community Development and Sport	4,314,927.0
Gross Total Part I Recurrent	189,224,553.0
Less Appropriations-In-Aid	(1,673,285.0	)
Net Total Part I Recurrent	187,551,268.0

i

	2004-2005 Jamaica Budget
		Part II Capital
	Summary of Expenditure Estimates by Ministries and Departments (Showing Gross Estimates and Total Appropriations In Aid)
	$’000

	Estimates, 2004-2005
Office of the Prime Minister	14,000.0
Office of the Cabinet	455,100.0
Ministry of Industry and Tourism	87,500.0
Ministry of Finance and Planning	133,149,184.0
Ministry of National Security	210,000.0
Ministry of Justice	116,200.0
Ministry of Labour and Social Security	1,100,000.0
Ministry of Education, Youth and Culture	653,600.0
Ministry of Health	587,300.0
Ministry of Agriculture	362,700.0
Ministry of Commerce, Science and Technology	110,000.0
Ministry of Land and the Environment	322,150.0
Ministry of Water and Housing	632,400.0
Ministry of Transport and Works	2,342,000.0
Ministry of Local Government, Community Development and Sport	460,000.0
Gross Total Part II Capital	140,602,134.0
Less Appropriations-In-Aid	—
Net Total Part II Capital	140,602,134.0

ii

	2004-2005 Jamaica Budget
		Total Capital and Recurrent
	Summary of Expenditure Estimates by Ministries and Departments (Showing Gross Estimates and Total Appropriations In Aid)
	$’000

	Gross Total	Less appropriations In Aid		Net Total
Recurrent	189,224,553.0	(1,673,285.0	)	187,551,268.0
Capital	140,602,134.0	—		140,602,134.0
Grand Total Recurrent and Capital	329,826,687.0	(1,673,285.0	)	328,153,402.0

iii

	2004-2005 Jamaica Budget
		Recurrent
	Estimates of Expenditure (Net of Appropriations-In-Aid)
	$’000

	Head No. and Title	Estimates, 2004-2005	Revised Estimates, 2003-2004	Approved Estimates, 2003-2004	Actual (Provisional) Expenditure, 2002-2003
0100	His Excellency the Governor General & Staff	50,010.0	50,736.0	56,207.0	56,955.0
0200	Houses of Parliament	362,631.0	349,471.0	359,625.0	398,625.0
0300	Office of the Public Defender	35,785.0	36,030.0	34,831.0	29,890.0
0400	Office of the Contractor General	72,544.0	77,570.0	74,605.0	73,651.0
0500	Auditor General	157,492.0	150,891.0	141,916.0	140,533.0
0600	Office of the Services Commissions	86,697.0	86,347.0	83,103.0	85,584.0
1500	Office of the Prime Minister	396,157.0	382,535.0	360,000.0	291,327.0
1510	Jamaica Information Service	166,355.0	172,289.0	164,000.0	169,350.0
	Total Office of the Prime Minister and Departments	562,512.0	554,824.0	524,000.0	460,677.0
1600	Office of the Cabinet	467,462.0	439,007.0	434,007.0	284,141.0
1649	Management Institute for National Development	52,889.0	56,716.0	46,883.0	43,868.0
	Total Office of the Cabinet and Departments	520,351.0	495,723.0	480,890.0	328,009.0
1700	Ministry of Industry and Tourism	1,851,280.0	1,809,269.0	2,019,087.0	2,082,595.0
2000	Ministry of Finance and Planning	4,618,115.0	3,729,109.0	9,789,704.0	3,838,541.0
2011	Accountant General	151,762.0	142,950.0	145,491.0	144,892.0
2012	Customs Department	1,067,150.0	1,070,102.0	967,800.0	774,282.0
2015	Inland Revenue Department	933,576.0	890,140.0	805,603.0	776,496.0
2018	Public Debt Charges (Interest Payments)	96,300,870.0	90,740,999.0	79,211,624.0	60,737,818.0
2019	Pensions	6,700,365.0	5,794,824.0	5,454,824.0	4,897,321.0
2041	Taxpayer Audit and Assessment Department	794,421.0	800,468.0	793,367.0	738,234.0
2042	Taxpayer Appeals Department	17,679.0	16,727.0	15,476.0	16,004.0
2043	Revenue Protection Department	—	—	—	142,728.0
2044	Tax Administration Services Department	225,882.0	211,948.0	225,304.0	201,016.0
	Total Ministry of Finance and Planning and Departments	110,809,820.0	103,397,267.0	97,409,193.0	72,267,332.0
2600	Ministry of National Security	4,042,050.0	4,183,295.0	4,062,288.0	4,125,789.0
2622	Police Department	8,895,363.0	9,111,568.0	8,155,000.0	8,137,761.0
2624	Department of Correctional Services	1,762,968.0	1,989,641.0	1,871,862.0	1,914,890.0
	Total Ministry of National Security and Departments	14,700,381.0	15,284,504.0	14,089,150.0	14,178,440.0
2800	Ministry of Justice	471,420.0	397,307.0	426,028.0	342,355.0
2823	Court of Appeal	61,274.0	60,894.0	67,498.0	73,404.0
2825	Director of Public Prosecutions	114,297.0	110,822.0	102,939.0	111,687.0
2826	Family Courts	82,052.0	75,447.0	78,727.0	81,972.0
2827	Resident Magistrates’ Courts	408,882.0	407,853.0	428,988.0	442,367.0
2828	Revenue Court	4,515.0	3,818.0	4,874.0	4,633.0
2829	Supreme Court	290,704.0	292,935.0	312,883.0	317,477.0
2830	Administrator General	75,396.0	75,218.0	73,633.0	76,179.0
2831	Attorney General	247,181.0	187,915.0	288,344.0	276,572.0
2832	Trustee in Bankruptcy	18,990.0	17,456.0	17,456.0	17,191.0
2833	Office of the Parliamentary Counsel	36,107.0	35,933.0	40,058.0	42,329.0
	Total Ministry of Justice and Departments	1,810,818.0	1,665,598.0	1,841,428.0	1,786,166.0
3000	Ministry of Foreign Affairs and Foreign Trade	1,222,490.0	1,178,163.0	1,020,603.0	1,030,784.0
4000	Ministry of Labour and Social Security	1,084,172.0	1,076,665.0	1,147,100.0	1,208,911.0
4100	Ministry of Education, Youth and Culture	29,560,000.0	29,194,942.0	22,800,000.0	23,065,094.0

iv

	2004-2005 Jamaica Budget
		Recurrent
	Estimates of Expenditure (Net of Appropriations-In-Aid)
	$’000

	Head No. and Title	Estimates, 2004-2005	Revised Estimates, 2003-2004	Approved Estimates, 2003-2004	Actual (Provisional) Expenditure, 2002-2003
4200	Ministry of Health	13,575,000.0	10,631,050.0	9,250,000.0	10,746,400.0
4220	Registrar General’s Department and Island Record Office	110,000.0	98,000.0	98,000.0	98,100.0
4234	Bellevue Hospital	443,407.0	548,509.0	508,509.0	544,269.0
4235	Government Chemist	15,823.0	15,463.0	15,463.0	16,000.0
4251	Child Development Agency	550,000.0	530,529.0	550,000.0	—
	Total Ministry of Health and Departments	14,694,230.0	11,823,551.0	10,421,972.0	11,404,769.0
5100	Ministry of Agriculture	1,233,268.0	1,237,233.0	1,209,152.0	1,245,437.0
5146	Forestry Department	88,016.0	90,932.0	84,000.0	90,047.0
	Total Ministry of Agriculture and Departments	1,321,284.0	1,328,165.0	1,293,152.0	1,335,484.0
5200	Ministry of Commerce, Science and Technology	697,287.0	733,865.0	833,220.0	865,630.0
5238	Registrar of Companies	38,834.0	38,529.0	37,483.0	38,784.0
5239	Post & Telecommunications Department	1,000,000.0	912,294.0	751,477.0	1,141,688.0
	Total Ministry of Commerce, Science and Technology and Departments	1,736,121.0	1,684,688.0	1,622,180.0	2,046,102.0
5500	Ministry of Mining and Energy	—	—	—	100,378.0
5800	Ministry of Land and the Environment	276,321.0	265,926.0	275,000.0	61,555.0
5847	National Land Agency	394,000.0	404,223.0	270,411.0	279,800.0
5848	National Environmental Planning Agency	286,000.0	316,906.0	257,329.0	266,264.0
	Total Ministry of Land and the Environment and Departments	956,321.0	987,055.0	802,740.0	607,619.0
6300	Ministry of Water and Housing	562,308.0	544,725.0	534,619.0	546,453.0
6500	Ministry of Transport and Works	659,444.0	675,667.0	688,890.0	618,292.0
6550	National Works Agency	419,650.0	428,189.0	379,329.0	386,299.0
	Total Ministry of Transport and Works and Departments	1,079,094.0	1,103,856.0	1,068,219.0	1,004,591.0
7200	Ministry of Local Government, Community Development and Sport	4,314,927.0	3,885,944.0	4,525,359.0	3,759,353.0
	Total Recurrent	187,551,268.0	176,765,984.0	162,349,979.0	137,997,995.0

v

	2004-2005 Jamaica Budget
		Capital A
	Estimates of Expenditure (Net of Appropriations-In-Aid)	(Government of Jamaica Funded Projects)
	$’000

	Head No. and Title	Estimates, 2004-2005	Revised Estimates, 2003-2004	Approved Estimates, 2003-2004	Actual (Provisional) Expenditure, 2002-2003
1500A	Office of the Prime Minister	14,000.0	19,600.0	24,600.0	581,374.0
1600A	Office of the Cabinet	297,000.0	49,276.0	497,000.0	16,712.0
1700A	Ministry of Industry and Tourism	87,500.0	143,352.0	200,000.0	311,200.0
2000A	Ministry of Finance and Planning	132,849,184.0	97,662,825.0	91,769,525.0	80,519,828.0
2600A	Ministry of National Security	100,000.0	131,830.0	150,000.0	750,000.0
2800A	Ministry of Justice	100,000.0	32,000.0	50,000.0	50,000.0
4000A	Ministry of Labour and Social Security	—	1,750.0	—	41,694.0
4100A	Ministry of Education, Youth and Culture	170,800.0	121,896.0	274,453.0	300,000.0
4200A	Ministry of Health	56,000.0	55,114.0	100,000.0	100,000.0
5100A	Ministry of Agriculture	100,000.0	61,895.0	187,000.0	141,450.0
5200A	Ministry of Commerce, Science and Technology	—	34,475.0	17,700.0	40,000.0
5500A	Ministry of Mining and Energy	—	—	—	6,440.0
5800A	Ministry of Land and the Environment	39,850.0	63,515.0	59,000.0	45,079.0
6300A	Ministry of Water and Housing	200,000.0	110,400.0	150,000.0	107,568.0
6500A	Ministry of Transport and Works	672,000.0	587,605.0	857,206.0	310,056.0
7200A	Ministry of Local Government, Community Development and Sport	160,000.0	386,768.0	100,000.0	493,446.0
	Total Capital A	134,846,334.0	99,462,301.0	94,436,484.0	83,814,847.0

vi

	2004-2005 Jamaica Budget
		Capital B
	Estimates of Expenditure (Net of Appropriations-In-Aid)	(Multilateral / Bilateral Projects)
	$’000

	Head No. and Title	Estimates, 2004-2005	Revised Estimates, 2003-2004	Approved Estimates, 2003-2004	Actual (Provisional) Expenditure, 2002-2003
1500B	Office of the Prime Minister	—	33,000.0	89,000.0	200,000.0
1600B	Office of the Cabinet	158,100.0	82,726.0	300,000.0	204,060.0
1700B	Ministry of Industry and Tourism	—	6,700.0	2,100.0	2,050.0
2000B	Ministry of Finance and Planning	300,000.0	140,000.0	450,000.0	255,000.0
2600B	Ministry of National Security	110,000.0	61,000.0	61,000.0	30,000.0
2800B	Ministry of Justice	16,200.0	9,428.0	43,000.0	—
4000B	Ministry of Labour and Social Security	1,100,000.0	479,689.0	720,600.0	435,594.0
4100B	Ministry of Education, Youth and Culture	482,800.0	219,864.0	600,000.0	350,000.0
4200B	Ministry of Health	531,300.0	94,709.0	201,000.0	166,000.0
5100B	Ministry of Agriculture	262,700.0	231,786.0	227,500.0	180,000.0
5200B	Ministry of Commerce, Science and Technology	110,000.0	83,423.0	105,000.0	34,500.0
5500B	Ministry of Mining and Energy	—	—	—	3,400.0
5800B	Ministry of Land and the Environment	282,300.0	62,507.0	101,000.0	75,000.0
6300B	Ministry of Water and Housing	432,400.0	45,020.0	172,210.0	64,544.0
6500B	Ministry of Transport and Works	1,670,000.0	931,888.0	1,147,000.0	754,688.0
7200B	Ministry of Local Government, Community Development and Sport	300,000.0	451,300.0	699,000.0	133,899.0
	Total Capital B	5,755,800.0	2,933,040.0	4,918,410.0	2,888,735.0
	Total Capital (A + B)	140,602,134.0	102,445,341.0	99,354,894.0	86,703,582.0
	Grand Total Recurrent and Capital	328,153,402.0	279,161,325.0	261,704,873.0	224,701,577.0

vii

	2004-2005 Jamaica Budget
		Recurrent
	Statutory provisions and Provisions to be Voted
	$’000

	Head No. and Title	Statutory	Gross Expenditure to be Voted	Appropriations in Aid	Net Expenditure to be Voted	Net provisions in Estimates (Including Statutory )
0100	His Excellency the Governor General & Staff	35,476.0	14,534.0	—	14,534.0	50,010.0
0200	Houses of Parliament	6,283.0	356,348.0	—	356,348.0	362,631.0
0300	Office of the Public Defender	5,004.0	30,781.0	—	30,781.0	35,785.0
0400	Office of the Contractor General	4,407.0	68,137.0	—	68,137.0	72,544.0
0500	Auditor General	4,116.0	153,376.0	—	153,376.0	157,492.0
0600	Office of the Services Commissions	1,462.0	85,235.0	—	85,235.0	86,697.0
1500	Office of the Prime Minister	—	396,157.0	—	396,157.0	396,157.0
1510	Jamaica Information Service	—	192,005.0	25,650.0	166,355.0	166,355.0
	Total Office of the Prime Minister	—	588,162.0	25,650.0	562,512.0	562,512.0
1600	Office of the Cabinet	—	467,462.0	—	467,462.0	467,462.0
1649	Management Institute for National Development	—	91,176.0	38,287.0	52,889.0	52,889.0
	Total Office of the Cabinet	—	558,638.0	38,287.0	520,351.0	520,351.0
1700	Ministry of Industry and Tourism	—	1,851,280.0	—	1,851,280.0	1,851,280.0
2000	Ministry of Finance and Planning	—	4,618,115.0	—	4,618,115.0	4,618,115.0
2011	Accountant General	—	151,762.0	—	151,762.0	151,762.0
2012	Customs Department	—	1,067,150.0	—	1,067,150.0	1,067,150.0
2015	Inland Revenue Department	—	933,576.0	—	933,576.0	933,576.0
2018	Public Debt Charges (Interest Payments)	96,300,870.0	—	—	—	96,300,870.0
2019	Pensions	4,172,522.0	2,527,843.0	—	2,527,843.0	6,700,365.0
2041	Taxpayer Audit and Assessment Department	—	794,421.0	—	794,421.0	794,421.0
2042	Taxpayer Appeals Department	—	17,679.0	—	17,679.0	17,679.0
2043	Revenue Protection Department	—	—	—	—	—
2044	Tax Administration Services Department	—	225,882.0	—	225,882.0	225,882.0
	Total Ministry of Finance and Planning	100,473,392.0	10,336,428.0	—	10,336,428.0	110,809,820.0
2600	Ministry of National Security	—	4,329,150.0	287,100.0	4,042,050.0	4,042,050.0
2622	Police Department	—	8,895,363.0	—	8,895,363.0	8,895,363.0
2624	Department of Correctional Services	—	1,762,968.0	—	1,762,968.0	1,762,968.0
	Total Ministry of National Security	—	14,987,481.0	287,100.0	14,700,381.0	14,700,381.0
2800	Ministry of Justice	—	471,420.0	—	471,420.0	471,420.0
2823	Court of Appeal	28,500.0	32,774.0	—	32,774.0	61,274.0
2825	Director of Public Prosecutions	3,510.0	110,787.0	—	110,787.0	114,297.0
2826	Family Courts	—	82,052.0	—	82,052.0	82,052.0
2827	Resident Magistrates’ Courts	—	408,882.0	—	408,882.0	408,882.0
2828	Revenue Court	—	4,515.0	—	4,515.0	4,515.0
2829	Supreme Court	67,200.0	223,504.0	—	223,504.0	290,704.0
2830	Administrator General	—	100,021.0	24,625.0	75,396.0	75,396.0
2831	Attorney General	—	247,181.0	—	247,181.0	247,181.0
2832	Trustee in Bankruptcy	—	18,990.0	—	18,990.0	18,990.0
2833	Office of the Parliamentary Counsel	—	36,107.0	—	36,107.0	36,107.0
	Total Ministry of Justice	99,210.0	1,736,233.0	24,625.0	1,711,608.0	1,810,818.0

viii

	2004-2005 Jamaica Budget
		Recurrent
	Statutory provisions and Provisions to be Voted
	$’000

	Head No. and Title	Statutory	Gross Expenditure to be Voted	Appropriations in Aid	Net Expenditure to be Voted	Net provisions in Estimates (Including Statutory )
3000	Ministry of Foreign Affairs and Foreign Trade	—	1,227,490.0	5,000.0	1,222,490.0	1,222,490.0
4000	Ministry of Labour and Social Security	—	1,114,755.0	30,583.0	1,084,172.0	1,084,172.0
4100	Ministry of Education, Youth and Culture	—	29,560,000.0	—	29,560,000.0	29,560,000.0
4200	Ministry of Health	—	13,588,000.0	13,000.0	13,575,000.0	13,575,000.0
4220	Registrar General’s Department and Island Record Office	—	435,740.0	325,740.0	110,000.0	110,000.0
4234	Bellevue Hospital	—	443,407.0	—	443,407.0	443,407.0
4235	Government Chemist	—	15,823.0	—	15,823.0	15,823.0
4251	Child Development Agency	—	550,000.0	—	550,000.0	550,000.0
	Total Ministry of Health	—	15,032,970.0	338,740.0	14,694,230.0	14,694,230.0
5100	Ministry of Agriculture	—	1,266,268.0	33,000.0	1,233,268.0	1,233,268.0
5146	Forestry Department	—	88,736.0	720.0	88,016.0	88,016.0
	Total Ministry of Agriculture	—	1,355,004.0	33,720.0	1,321,284.0	1,321,284.0
5200	Ministry of Commerce, Science and Technology	—	754,587.0	57,300.0	697,287.0	697,287.0
5238	Registrar of Companies	—	90,279.0	51,445.0	38,834.0	38,834.0
5239	Post & Telecommunications Department	—	1,000,000.0	—	1,000,000.0	1,000,000.0
	Total Ministry of Commerce, Science and Technology	—	1,844,866.0	108,745.0	1,736,121.0	1,736,121.0
5500	Ministry of Mining and Energy	—	—	—	—	—
5800	Ministry of Land and the Environment	—	276,321.0	—	276,321.0	276,321.0
5847	National Land Agency	—	559,100.0	165,100.0	394,000.0	394,000.0
5848	National Environmental Planning Agency	—	293,700.0	7,700.0	286,000.0	286,000.0
	Total Ministry of Land and the Environment	—	1,129,121.0	172,800.0	956,321.0	956,321.0
6300	Ministry of Water and Housing	2.0	562,306.0	—	562,306.0	562,308.0
6500	Ministry of Transport and Works	—	1,117,479.0	458,035.0	659,444.0	659,444.0
6550	National Works Agency	—	569,650.0	150,000.0	419,650.0	419,650.0
	Total Ministry of Transport and Works	—	1,687,129.0	608,035.0	1,079,094.0	1,079,094.0
7200	Ministry of Local Government, Community Development and Sport	—	4,314,927.0	—	4,314,927.0	4,314,927.0
	Total Recurrent	100,629,352.0	88,595,201.0	1,673,285.0	86,921,916.0	187,551,268.0

ix

	2004-2005 Jamaica Budget
		Capital
	Statutory provisions and Provisions to be Voted
	$’000

	Head No. and Title	Statutory	Gross Expenditure to be Voted	Appropriations in Aid	Net Expenditure to be Voted	Net provisions in Estimates (Including Statutory )
1500A	Office of the Prime Minister	—	14,000.0	—	14,000.0	14,000.0
1500B	Office of the Prime Minister	—	—	—	—	—
1600A	Office of the Cabinet	—	297,000.0	—	297,000.0	297,000.0
1600B	Office of the Cabinet	—	158,100.0	—	158,100.0	158,100.0
1700A	Ministry of Industry and Tourism	—	87,500.0	—	87,500.0	87,500.0
1700B	Ministry of Industry and Tourism	—	—	—	—	—
2000A	Ministry of Finance and Planning	132,140,784.0	708,400.0	—	708,400.0	132,849,184.0
2000B	Ministry of Finance and Planning	—	300,000.0	—	300,000.0	300,000.0
2600A	Ministry of National Security	—	100,000.0	—	100,000.0	100,000.0
2600B	Ministry of National Security	—	110,000.0	—	110,000.0	110,000.0
2800A	Ministry of Justice	—	100,000.0	—	100,000.0	100,000.0
2800B	Ministry of Justice	—	16,200.0	—	16,200.0	16,200.0
4000A	Ministry of Labour and Social Security	—	—	—	—	—
4000B	Ministry of Labour and Social Security	—	1,100,000.0	—	1,100,000.0	1,100,000.0
4100A	Ministry of Education, Youth and Culture	—	170,800.0	—	170,800.0	170,800.0
4100B	Ministry of Education, Youth and Culture	—	482,800.0	—	482,800.0	482,800.0
4200A	Ministry of Health	—	56,000.0	—	56,000.0	56,000.0
4200B	Ministry of Health	—	531,300.0	—	531,300.0	531,300.0
5100A	Ministry of Agriculture	—	100,000.0	—	100,000.0	100,000.0
5100B	Ministry of Agriculture	—	262,700.0	—	262,700.0	262,700.0
5200A	Ministry of Commerce, Science and Technology	—	—	—	—	—
5200B	Ministry of Commerce, Science and Technology	—	110,000.0	—	110,000.0	110,000.0
5500A	Ministry of Mining and Energy	—	—	—	—	—
5500B	Ministry of Mining and Energy	—	—	—	—	—
5800A	Ministry of Land and the Environment	—	39,850.0	—	39,850.0	39,850.0
5800B	Ministry of Land and the Environment	—	282,300.0	—	282,300.0	282,300.0
6300A	Ministry of Water and Housing	—	200,000.0	—	200,000.0	200,000.0
6300B	Ministry of Water and Housing	—	432,400.0	—	432,400.0	432,400.0
6500A	Ministry of Transport and Works	—	672,000.0	—	672,000.0	672,000.0
6500B	Ministry of Transport and Works	—	1,670,000.0	—	1,670,000.0	1,670,000.0
7200A	Ministry of Local Government, Community Development and Sport	—	160,000.0	—	160,000.0	160,000.0
7200B	Ministry of Local Government, Community Development and Sport	—	300,000.0	—	300,000.0	300,000.0
	Total Capital	132,140,784.0	8,461,350.0	—	8,461,350.0	140,602,134.0
	Grand Total Recurrent and Capital	232,770,136.0	97,056,551.0	1,673,285.0	95,383,266.0	328,153,402.0

x

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	21 Compensation of Employees	22 Travel Expenses and Subsistence	23 Rental of Property, Machinery and Equipment	24 Public Utility Services	25 Purchases of Other Goods and Services
0100	His Excellency the Governor General & Staff	32,201.0	2,505.0	800.0	6,439.0	6,265.0
0200	Houses of Parliament	274,175.0	37,660.0	—	5,090.0	8,556.0
0300	Office of the Public Defender	25,586.0	2,274.0	930.0	945.0	2,364.0
0400	Office of the Contractor General	42,340.0	6,908.0	3,970.0	2,400.0	6,272.0
0500	Auditor General	127,185.0	19,858.0	6,086.0	1,663.0	2,010.0
0600	Office of the Services Commissions	72,401.0	8,027.0	—	685.0	3,962.0
1500	Office of the Prime Minister	156,778.0	40,676.0	264.0	19,875.0	105,197.0
1510	Jamaica Information Service	143,124.0	10,376.0	1,285.0	11,941.0	25,124.0
	Total Office of the Prime Minister	299,902.0	51,052.0	1,549.0	31,816.0	130,321.0
1600	Office of the Cabinet	150,603.0	18,174.0	6,735.0	6,414.0	22,570.0
1649	Management Institute for National Development	58,477.0	7,510.0	1,656.0	3,695.0	19,434.0
	Total Office of the Cabinet	209,080.0	25,684.0	8,391.0	10,109.0	42,004.0
1700	Ministry of Industry and Tourism	45,149.0	10,748.0	19,398.0	2,803.0	14,915.0
2000	Ministry of Finance and Planning	551,353.0	81,005.0	8,054.0	31,185.0	1,814,091.0
2011	Accountant General	104,103.0	6,133.0	462.0	8,034.0	21,024.0
2012	Customs Department	822,000.0	158,820.0	5,088.0	22,820.0	54,891.0
2015	Inland Revenue Department	613,300.0	102,000.0	32,400.0	21,600.0	144,256.0
2018	Public Debt Charges (Interest Payments)	—	—	—	—	—
2019	Pensions	—	—	—	—	—
2041	Taxpayer Audit and Assessment Department	603,024.0	100,800.0	17,468.0	11,387.0	41,200.0
2042	Taxpayer Appeals Department	13,779.0	1,740.0	1,437.0	473.0	150.0
2043	Revenue Protection Department	—	—	—	—	—
2044	Tax Administration Services Department	130,428.0	13,644.0	13,704.0	37,920.0	30,186.0
	Total Ministry of Finance and Planning	2,837,987.0	464,142.0	78,613.0	133,419.0	2,105,798.0
2600	Ministry of National Security	2,992,693.0	107,614.0	74,911.0	120,769.0	397,300.0
2622	Police Department	7,200,000.0	404,352.0	51,730.0	384,000.0	829,081.0
2624	Department of Correctional Services	1,297,064.0	88,421.0	15,641.0	137,400.0	219,442.0
	Total Ministry of National Security	11,489,757.0	600,387.0	142,282.0	642,169.0	1,445,823.0
2800	Ministry of Justice	166,162.0	27,971.0	50,691.0	5,833.0	83,806.0
2823	Court of Appeal	53,666.0	3,633.0	160.0	1,836.0	1,879.0
2825	Director of Public Prosecutions	66,601.0	23,590.0	460.0	4,920.0	13,726.0
2826	Family Courts	60,000.0	9,083.0	2,428.0	2,700.0	6,341.0
2827	Resident Magistrates’ Courts	343,280.0	31,114.0	850.0	20,500.0	11,378.0
2828	Revenue Court	4,140.0	—	—	120.0	255.0
2829	Supreme Court	201,121.0	27,400.0	1,200.0	17,304.0	41,679.0
2830	Administrator General	86,466.0	200.0	5,950.0	1,800.0	5,605.0
2831	Attorney General	107,046.0	15,358.0	—	600.0	11,611.0
2832	Trustee in Bankruptcy	14,053.0	960.0	2,356.0	530.0	712.0
2833	Office of the Parliamentary Counsel	29,801.0	3,958.0	—	500.0	1,848.0
	Total Ministry of Justice	1,132,336.0	143,267.0	64,095.0	56,643.0	178,840.0

xi

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	21 Compensation of Employees	22 Travel Expenses and Subsistence	23 Rental of Property, Machinery and Equipment	24 Public Utility Services	25 Purchases of Other Goods and Services
3000	Ministry of Foreign Affairs and Foreign Trade	620,794.0	68,685.0	207,709.0	38,288.0	43,609.0
4000	Ministry of Labour and Social Security	660,779.0	93,927.0	20,808.0	58,334.0	85,863.0
4100	Ministry of Education, Youth and Culture	802,310.0	112,027.0	8,338.0	35,745.0	471,642.0
4200	Ministry of Health	559,799.0	58,316.0	56,030.0	20,650.0	445,970.0
4220	Registrar General’s Department and Island Record Office	265,517.0	7,960.0	9,472.0	18,302.0	109,507.0
4234	Bellevue Hospital	346,790.0	33,310.0	50.0	11,292.0	50,002.0
4235	Government Chemist	12,618.0	461.0	—	544.0	1,000.0
4251	Child Development Agency	190,000.0	29,000.0	11,000.0	9,000.0	68,000.0
	Total Ministry of Health	1,374,724.0	129,047.0	76,552.0	59,788.0	674,479.0
5100	Ministry of Agriculture	492,821.0	69,246.0	700.0	31,716.0	77,114.0
5146	Forestry Department	74,073.0	8,968.0	—	1,805.0	3,710.0
	Total Ministry of Agriculture	566,894.0	78,214.0	700.0	33,521.0	80,824.0
5200	Ministry of Commerce, Science and Technology	251,263.0	44,207.0	30,385.0	9,847.0	32,321.0
5238	Registrar of Companies	70,838.0	1,700.0	5,018.0	5,210.0	7,513.0
5239	Post & Telecommunications Department	685,497.0	18,429.0	8,517.0	35,960.0	237,647.0
	Total Ministry of Commerce, Science and Technology	1,007,598.0	64,336.0	43,920.0	51,017.0	277,481.0
5500	Ministry of Mining and Energy	—	—	—	—	—
5800	Ministry of Land and the Environment	137,482.0	19,937.0	1,606.0	10,314.0	8,687.0
5847	National Land Agency	355,425.0	39,900.0	3,298.0	33,800.0	87,480.0
5848	National Environmental Planning Agency	215,943.0	33,124.0	20,424.0	9,617.0	8,090.0
	Total Ministry of Land and the Environment	708,850.0	92,961.0	25,328.0	53,731.0	104,257.0
6300	Ministry of Water and Housing	141,276.0	17,933.0	43,354.0	5,168.0	12,145.0
6500	Ministry of Transport and Works	223,743.0	44,384.0	4,809.0	17,785.0	54,707.0
6550	National Works Agency	359,620.0	69,618.0	—	40,666.0	84,886.0
	Total Ministry of Transport and Works	583,363.0	114,002.0	4,809.0	58,451.0	139,593.0
7200	Ministry of Local Government, Community Development and Sport	106,534.0	14,675.0	150.0	6,379.0	35,206.0
	Total Recurrent	23,161,221.0	2,158,319.0	757,782.0	1,294,603.0	5,872,229.0

xii

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	26 Interest Payments	28 Retirement Benefits	29 Awards and Indemnities	30 Grants and Contributions	31 Purchases of Equipment (Capital Goods)
0100	His Excellency the Governor General & Staff	—	—	—	—	1,800.0
0200	Houses of Parliament	—	300.0	—	34,845.0	2,005.0
0300	Office of the Public Defender	—	3,484.0	—	10.0	192.0
0400	Office of the Contractor General	—	9,910.0	—	—	744.0
0500	Auditor General	—	—	—	73.0	617.0
0600	Office of the Services Commissions	—	—	—	—	1,622.0
1500	Office of the Prime Minister	—	—	—	63,925.0	9,442.0
1510	Jamaica Information Service	—	—	—	—	155.0
	Total Office of the Prime Minister	—	—	—	63,925.0	9,597.0
1600	Office of the Cabinet	—	—	—	262,966.0	—
1649	Management Institute for National Development	—	—	—	404.0	—
	Total Office of the Cabinet	—	—	—	263,370.0	—
1700	Ministry of Industry and Tourism	—	—	—	1,755,525.0	2,742.0
2000	Ministry of Finance and Planning	—	—	250.0	1,109,737.0	22,440.0
2011	Accountant General	1,000.0	—	—	—	11,006.0
2012	Customs Department	—	—	—	—	3,531.0
2015	Inland Revenue Department	—	—	—	20.0	20,000.0
2018	Public Debt Charges (Interest Payments)	96,300,870.0	—	—	—	—
2019	Pensions	—	6,649,365.0	—	51,000.0	—
2041	Taxpayer Audit and Assessment Department	—	—	194.0	1,900.0	18,448.0
2042	Taxpayer Appeals Department	—	—	—	—	100.0
2043	Revenue Protection Department	—	—	—	—	—
2044	Tax Administration Services Department	—	—	—	—	—
	Total Ministry of Finance and Planning	96,301,870.0	6,649,365.0	444.0	1,162,657.0	75,525.0
2600	Ministry of National Security	—	—	—	595,591.0	40,272.0
2622	Police Department	—	—	5,200.0	10,000.0	10,000.0
2624	Department of Correctional Services	—	—	—	5,000.0	—
	Total Ministry of National Security	—	—	5,200.0	610,591.0	50,272.0
2800	Ministry of Justice	—	—	300.0	131,735.0	4,922.0
2823	Court of Appeal	—	—	—	—	100.0
2825	Director of Public Prosecutions	—	—	4,000.0	—	1,000.0
2826	Family Courts	—	—	—	—	1,500.0
2827	Resident Magistrates’ Courts	—	—	—	—	1,760.0
2828	Revenue Court	—	—	—	—	—
2829	Supreme Court	—	—	—	—	2,000.0
2830	Administrator General	—	—	—	—	—
2831	Attorney General	—	—	110,000.0	—	2,566.0
2832	Trustee in Bankruptcy	—	—	—	—	379.0
2833	Office of the Parliamentary Counsel	—	—	—	—	—
	Total Ministry of Justice	—	—	114,300.0	131,735.0	14,227.0

xiii

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	26 Interest Payments	28 Retirement Benefits	29 Awards and Indemnities	30 Grants and Contributions	31 Purchases of Equipment (Capital Good)
3000	Ministry of Foreign Affairs and Foreign Trade	—	—	—	243,432.0	4,973.0
4000	Ministry of Labour and Social Security	—	—	—	172,661.0	22,383.0
4100	Ministry of Education, Youth and Culture	—	—	440.0	28,129,498.0	—
4200	Ministry of Health	—	—	—	12,442,025.0	5,210.0
4220	Registrar General’s Department and Island Record Office	—	—	—	—	24,982.0
4234	Bellevue Hospital	—	—	—	—	1,963.0
4235	Government Chemist	—	—	—	—	1,200.0
4251	Child Development Agency	—	—	—	235,000.0	8,000.0
	Total Ministry of Health	—	—	—	12,677,025.0	41,355.0
5100	Ministry of Agriculture	—	—	—	591,973.0	2,698.0
5146	Forestry Department	—	—	—	—	180.0
	Total Ministry of Agriculture	—	—	—	591,973.0	2,878.0
5200	Ministry of Commerce, Science and Technology	—	—	—	374,010.0	12,554.0
5238	Registrar of Companies	—	—	—	—	—
5239	Post & Telecommunications Department	—	—	80.0	—	13,870.0
	Total Ministry of Commerce, Science and Technology	—	—	80.0	374,010.0	26,424.0
5500	Ministry of Mining and Energy	—	—	—	—	—
5800	Ministry of Land and the Environment	—	—	—	97,376.0	919.0
5847	National Land Agency	—	25,962.0	—	—	13,235.0
5848	National Environmental Planning Agency	—	—	—	5,925.0	577.0
	Total Ministry of Land and the Environment	—	25,962.0	—	103,301.0	14,731.0
6300	Ministry of Water and Housing	—	—	—	340,462.0	1,970.0
6500	Ministry of Transport and Works	—	—	—	754,494.0	17,557.0
6550	National Works Agency	—	—	—	—	14,860.0
	Total Ministry of Transport and Works	—	—	—	754,494.0	32,417.0
7200	Ministry of Local Government, Community Development and Sport	—	—	—	4,151,983.0	—
	Total Recurrent	96,301,870.0	6,689,021.0	120,464.0	51,561,570.0	306,474.0

xiv

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	32 Land and Structures	33 Financial Investments	34 Purchase of Livestock and Other Animals	35 Loan Repayments and Sinking Fund Contributions	36 Loans
0100	His Excellency the Governor General & Staff	—	—	—	—	—
0200	Houses of Parliament	—	—	—	—	—
0300	Office of the Public Defender	—	—	—	—	—
0400	Office of the Contractor General	—	—	—	—	—
0500	Auditor General	—	—	—	—	—
0600	Office of the Services Commissions	—	—	—	—	—
1500	Office of the Prime Minister	—	—	—	—	—
1510	Jamaica Information Service	—	—	—	—	—
	Total Office of the Prime Minister	—	—	—	—	—
1600	Office of the Cabinet	—	—	—	—	—
1649	Management Institute for National Development	—	—	—	—	—
	Total Office of the Cabinet	—	—	—	—	—
1700	Ministry of Industry and Tourism	—	—	—	—	—
2000	Ministry of Finance and Planning	—	—	—	—	—
2011	Accountant General	—	—	—	—	—
2012	Customs Department	—	—	—	—	—
2015	Inland Revenue Department	—	—	—	—	—
2018	Public Debt Charges (Interest Payments)	—	—	—	—	—
2019	Pensions	—	—	—	—	—
2041	Taxpayer Audit and Assessment Department	—	—	—	—	—
2042	Taxpayer Appeals Department	—	—	—	—	—
2043	Revenue Protection Department	—	—	—	—	—
2044	Tax Administration Services Department	—	—	—	—	—
	Total Ministry of Finance and Planning	—	—	—	—	—
2600	Ministry of National Security	—	—	—	—	—
2622	Police Department	—	—	1,000.0	—	—
2624	Department of Correctional Services	—	—	—	—	—
	Total Ministry of National Security	—	—	1,000.0	—	—
2800	Ministry of Justice	—	—	—	—	—
2823	Court of Appeal	—	—	—	—	—
2825	Director of Public Prosecutions	—	—	—	—	—
2826	Family Courts	—	—	—	—	—
2827	Resident Magistrates’ Courts	—	—	—	—	—
2828	Revenue Court	—	—	—	—	—
2829	Supreme Court	—	—	—	—	—
2830	Administrator General	—	—	—	—	—
2831	Attorney General	—	—	—	—	—
2832	Trustee in Bankruptcy	—	—	—	—	—
2833	Office of the Parliamentary Counsel	—	—	—	—	—
	Total Ministry of Justice	—	—	—	—	—

xv

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	32 Land and Structures	33 Financial Investments	34 Purchase of Livestock and Other Animals	35 Loan Repayments and Sinking Fund Contributions	36 Loans
3000	Ministry of Foreign Affairs and Foreign Trade	—	—	—	—	—
4000	Ministry of Labour and Social Security	—	—	—	—	—
4100	Ministry of Education, Youth and Culture	—	—	—	—	—
4200	Ministry of Health	—	—	—	—	—
4220	Registrar General’s Department and Island Record Office	—	—	—	—	—
4234	Bellevue Hospital	—	—	—	—	—
4235	Government Chemist	—	—	—	—	—
4251	Child Development Agency	—	—	—	—	—
	Total Ministry of Health	—	—	—	—	—
5100	Ministry of Agriculture	—	—	—	—	—
5146	Forestry Department	—	—	—	—	—
	Total Ministry of Agriculture	—	—	—	—	—
5200	Ministry of Commerce, Science and Technology	—	—	—	—	—
5238	Registrar of Companies	—	—	—	—	—
5239	Post & Telecommunications Department	—	—	—	—	—
	Total Ministry of Commerce, Science and Technology	—	—	—	—	—
5500	Ministry of Mining and Energy	—	—	—	—	—
5800	Ministry of Land and the Environment	—	—	—	—	—
5847	National Land Agency	—	—	—	—	—
5848	National Environmental Planning Agency	—	—	—	—	—
	Total Ministry of Land and the Environment	—	—	—	—	—
6300	Ministry of Water and Housing	—	—	—	—	—
6500	Ministry of Transport and Works	—	—	—	—	—
6550	National Works Agency	—	—	—	—	—
	Total Ministry of Transport and Works	—	—	—	—	—
7200	Ministry of Local Government, Community Development and Sport	—	—	—	—	—
	Total Recurrent	—	—	1,000.0	—	—

xvi

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	99 Unclassified	Gross Total	Less Appropriations in Aid	Net Total
0100	His Excellency the Governor General & Staff	—	50,010.0	—	50,010.0	—
0200	Houses of Parliament	—	362,631.0	—	362,631.0	—
0300	Office of the Public Defender	—	35,785.0	—	35,785.0	—
0400	Office of the Contractor General	—	72,544.0	—	72,544.0	—
0500	Auditor General	—	157,492.0	—	157,492.0	—
0600	Office of the Services Commissions	—	86,697.0	—	86,697.0	—
1500	Office of the Prime Minister	—	396,157.0	—	396,157.0	—
1510	Jamaica Information Service	—	192,005.0	25,650.0	166,355.0	—
	Total Office of the Prime Minister	—	588,162.0	25,650.0	562,512.0	—
1600	Office of the Cabinet	—	467,462.0	—	467,462.0	—
1649	Management Institute for National Development	—	91,176.0	38,287.0	52,889.0	—
	Total Office of the Cabinet	—	558,638.0	38,287.0	520,351.0	—
1700	Ministry of Industry and Tourism	—	1,851,280.0	—	1,851,280.0	—
2000	Ministry of Finance and Planning	1,000,000.0	4,618,115.0	—	4,618,115.0	—
2011	Accountant General	—	151,762.0	—	151,762.0	—
2012	Customs Department	—	1,067,150.0	—	1,067,150.0	—
2015	Inland Revenue Department	—	933,576.0	—	933,576.0	—
2018	Public Debt Charges (Interest Payments)	—	96,300,870.0	—	96,300,870.0	—
2019	Pensions	—	6,700,365.0	—	6,700,365.0	—
2041	Taxpayer Audit and Assessment Department	—	794,421.0	—	794,421.0	—
2042	Taxpayer Appeals Department	—	17,679.0	—	17,679.0	—
2043	Revenue Protection Department	—	—	—	—	—
2044	Tax Administration Services Department	—	225,882.0	—	225,882.0	—
	Total Ministry of Finance and Planning	1,000,000.0	110,809,820.0	—	110,809,820.0	—
2600	Ministry of National Security	—	4,329,150.0	287,100.0	4,042,050.0	—
2622	Police Department	—	8,895,363.0	—	8,895,363.0	—
2624	Department of Correctional Services	—	1,762,968.0	—	1,762,968.0	—
	Total Ministry of National Security	—	14,987,481.0	287,100.0	14,700,381.0	—
2800	Ministry of Justice	—	471,420.0	—	471,420.0	—
2823	Court of Appeal	—	61,274.0	—	61,274.0	—
2825	Director of Public Prosecutions	—	114,297.0	—	114,297.0	—
2826	Family Courts	—	82,052.0	—	82,052.0	—
2827	Resident Magistrates' Courts	—	408,882.0	—	408,882.0	—
2828	Revenue Court	—	4,515.0	—	4,515.0	—
2829	Supreme Court	—	290,704.0	—	290,704.0	—
2830	Administrator General	—	100,021.0	24,625.0	75,396.0	—
2831	Attorney General	—	247,181.0	—	247,181.0	—
2832	Trustee in Bankruptcy	—	18,990.0	—	18,990.0	—
2833	Office of the Parliamentary Counsel	—	36,107.0	—	36,107.0	—
	Total Ministry of Justice	—	1,835,443.0	24,625.0	1,810,818.0	—

xvii

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	99 Unclassified	Gross Total	Less Appropriations in Aid	Net Total
3000	Ministry of Foreign Affairs and Foreign Trade	—	1,227,490.0	5,000.0	1,222,490.0	—
4000	Ministry of Labour and Social Security	—	1,114,755.0	30,583.0	1,084,172.0	—
4100	Ministry of Education, Youth and Culture	—	29,560,000.0	—	29,560,000.0	—
4200	Ministry of Health	—	13,588,000.0	13,000.0	13,575,000.0	—
4220	Registrar General’s Department and Island Record Office	—	435,740.0	325,740.0	110,000.0	—
4234	Bellevue Hospital	—	443,407.0	—	443,407.0	—
4235	Government Chemist	—	15,823.0	—	15,823.0	—
4251	Child Development Agency	—	550,000.0	—	550,000.0	—
	Total Ministry of Health	—	15,032,970.0	338,740.0	14,694,230.0	—
5100	Ministry of Agriculture	—	1,266,268.0	33,000.0	1,233,268.0	—
5146	Forestry Department	—	88,736.0	720.0	88,016.0	—
	Total Ministry of Agriculture	—	1,355,004.0	33,720.0	1,321,284.0	—
5200	Ministry of Commerce, Science and Technology	—	754,587.0	57,300.0	697,287.0	—
5238	Registrar of Companies	—	90,279.0	51,445.0	38,834.0	—
5239	Post & Telecommunications Department	—	1,000,000.0	—	1,000,000.0	—
	Total Ministry of Commerce, Science and Technology	—	1,844,866.0	108,745.0	1,736,121.0	—
5500	Ministry of Mining and Energy	—	—	—	—	—
5800	Ministry of Land and the Environment	—	276,321.0	—	276,321.0	—
5847	National Land Agency	—	559,100.0	165,100.0	394,000.0	—
5848	National Environmental Planning Agency	—	293,700.0	7,700.0	286,000.0	—
	Total Ministry of Land and the Environment	—	1,129,121.0	172,800.0	956,321.0	—
6300	Ministry of Water and Housing	—	562,308.0	—	562,308.0	—
6500	Ministry of Transport and Works	—	1,117,479.0	458,035.0	659,444.0	—
6550	National Works Agency	—	569,650.0	150,000.0	419,650.0	—
	Total Ministry of Transport and Works	—	1,687,129.0	608,035.0	1,079,094.0	—
7200	Ministry of Local Government, Community Development and Sport	—	4,314,927.0	—	4,314,927.0	—
	Total Recurrent	1,000,000.0	189,224,553.0	1,673,285.0	187,551,268.0	—

xviii

	2004-2005 Jamaica Budget
		Capital
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	21 Compensation of Employees	22 Travel Expenses and Subsistence	23 Rental of Property, Machinery and Equipment	24 Public Utility Services	25 Purchases of Other Goods and Services
1500A	Office of the Prime Minister	—	—	—	—	2,703.0
1500B	Office of the Prime Minister	—	—	—	—	—
1600A	Office of the Cabinet	294.0	700.0	155.0	150.0	37,945.0
1600B	Office of the Cabinet	12,761.0	536.0	58.0	438.0	101,110.0
1700A	Ministry of Industry and Tourism	—	—	—	—	—
1700B	Ministry of Industry and Tourism	—	—	—	—	—
2000A	Ministry of Finance and Planning	—	—	—	—	114,887.0
2000B	Ministry of Finance and Planning	—	—	—	—	—
2600A	Ministry of National Security	—	—	—	—	—
2600B	Ministry of National Security	24,537.0	2,047.0	849.0	371.0	29,163.0
2800A	Ministry of Justice	—	—	—	—	—
2800B	Ministry of Justice	3,612.0	—	—	—	8,379.0
4000A	Ministry of Labour and Social Security	—	—	—	—	—
4000B	Ministry of Labour and Social Security	31,812.0	12,400.0	—	1,800.0	65,008.0
4100A	Ministry of Education, Youth and Culture	7,536.0	720.0	—	—	26,744.0
4100B	Ministry of Education, Youth and Culture	92,541.0	10,049.0	1,221.0	576.0	237,388.0
4200A	Ministry of Health	5,000.0	700.0	—	50.0	26,796.0
4200B	Ministry of Health	77,580.0	14,710.0	—	3,020.0	328,328.0
5100A	Ministry of Agriculture	24,559.0	9,451.0	—	280.0	52,305.0
5100B	Ministry of Agriculture	105,467.0	18,982.0	470.0	5,056.0	128,025.0
5200A	Ministry of Commerce, Science and Technology	—	—	—	—	—
5200B	Ministry of Commerce, Science and Technology	—	—	—	—	—
5500A	Ministry of Mining and Energy	—	—	—	—	—
5500B	Ministry of Mining and Energy	—	—	—	—	—
5800A	Ministry of Land and the Environment	22,610.0	2,654.0	360.0	396.0	7,096.0
5800B	Ministry of Land and the Environment	5,808.0	2,519.0	—	378.0	87,590.0
6300A	Ministry of Water and Housing	—	—	—	—	2,950.0
6300B	Ministry of Water and Housing	—	—	—	—	—
6500A	Ministry of Transport and Works	—	—	—	—	9,000.0
6500B	Ministry of Transport and Works	—	—	—	—	318,000.0
7200A	Ministry of Local Government, Community Development and Sport	10,650.0	350.0	—	—	4,000.0
7200B	Ministry of Local Government, Community Development and Sport	9,000.0	200.0	—	800.0	290,000.0
	Total Capital	433,767.0	76,018.0	3,113.0	13,315.0	1,877,417.0
	Grand Total Recurrent and Capital	23,594,988.0	2,234,337.0	760,895.0	1,307,918.0	7,749,646.0

xix

	2004-2005 Jamaica Budget
		Capital
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	26 Interest Payments	28 Retirement Benefits	29 Awards and Indemnities	30 Grants and Contributions	31 Purchases of Equipment (Capital Goods)
1500A	Office of the Prime Minister	—	—	—	7,737.0	3,560.0
1500B	Office of the Prime Minister	—	—	—	—	—
1600A	Office of the Cabinet	—	—	—	—	756.0
1600B	Office of the Cabinet	—	—	—	—	43,197.0
1700A	Ministry of Industry and Tourism	—	—	—	87,500.0	—
1700B	Ministry of Industry and Tourism	—	—	—	—	—
2000A	Ministry of Finance and Planning	—	—	—	5,000.0	204,000.0
2000B	Ministry of Finance and Planning	—	—	—	300,000.0	—
2600A	Ministry of National Security	—	—	—	—	79,000.0
2600B	Ministry of National Security	—	—	—	34,500.0	18,533.0
2800A	Ministry of Justice	—	—	—	—	18,800.0
2800B	Ministry of Justice	—	—	—	—	4,209.0
4000A	Ministry of Labour and Social Security	—	—	—	—	—
4000B	Ministry of Labour and Social Security	—	—	—	968,800.0	20,180.0
4100A	Ministry of Education, Youth and Culture	—	—	—	8,500.0	20,390.0
4100B	Ministry of Education, Youth and Culture	—	—	—	57,026.0	6,820.0
4200A	Ministry of Health	—	—	—	840.0	22,614.0
4200B	Ministry of Health	—	—	—	21,824.0	61,963.0
5100A	Ministry of Agriculture	—	—	—	—	6,265.0
5100B	Ministry of Agriculture	—	—	—	4,700.0	—
5200A	Ministry of Commerce, Science and Technology	—	—	—	—	—
5200B	Ministry of Commerce, Science and Technology	—	—	—	110,000.0	—
5500A	Ministry of Mining and Energy	—	—	—	—	—
5500B	Ministry of Mining and Energy	—	—	—	—	—
5800A	Ministry of Land and the Environment	—	—	—	6,500.0	234.0
5800B	Ministry of Land and the Environment	—	—	—	185,300.0	705.0
6300A	Ministry of Water and Housing	—	—	—	197,050.0	—
6300B	Ministry of Water and Housing	—	—	—	432,400.0	—
6500A	Ministry of Transport and Works	—	—	—	42,000.0	2,000.0
6500B	Ministry of Transport and Works	—	—	—	—	—
7200A	Ministry of Local Government, Community Development and Sport	—	—	—	114,000.0	31,000.0
7200B	Ministry of Local Government, Community Development and Sport	—	—	—	—	—
	Total Capital	—	—	—	2,583,677.0	544,226.0
	Grand Total Recurrent and Capital	96,301,870.0	6,689,021.0	120,464.0	54,145,247.0	850,700.0

xx

	2004-2005 Jamaica Budget
		Capital
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	32 Land and Structures	33 Financial Investments	34 Purchase of Livestock and Other Animals	35 Loan Repayments and Sinking Fund Contributions	36 Loans
1500A	Office of the Prime Minister	—	—	—	—	—
1500B	Office of the Prime Minister	—	—	—	—	—
1600A	Office of the Cabinet	—	—	—	—	—
1600B	Office of the Cabinet	—	—	—	—	—
1700A	Ministry of Industry and Tourism	—	—	—	—	—
1700B	Ministry of Industry and Tourism	—	—	—	—	—
2000A	Ministry of Finance and Planning	—	304,513.0	—	132,140,784.0	50,000.0
2000B	Ministry of Finance and Planning	—	—	—	—	—
2600A	Ministry of National Security	16,000.0	5,000.0	—	—	—
2600B	Ministry of National Security	—	—	—	—	—
2800A	Ministry of Justice	81,200.0	—	—	—	—
2800B	Ministry of Justice	—	—	—	—	—
4000A	Ministry of Labour and Social Security	—	—	—	—	—
4000B	Ministry of Labour and Social Security	—	—	—	—	—
4100A	Ministry of Education, Youth and Culture	106,910.0	—	—	—	—
4100B	Ministry of Education, Youth and Culture	77,179.0	—	—	—	—
4200A	Ministry of Health	—	—	—	—	—
4200B	Ministry of Health	23,875.0	—	—	—	—
5100A	Ministry of Agriculture	5,270.0	—	1,870.0	—	—
5100B	Ministry of Agriculture	—	—	—	—	—
5200A	Ministry of Commerce, Science and Technology	—	—	—	—	—
5200B	Ministry of Commerce, Science and Technology	—	—	—	—	—
5500A	Ministry of Mining and Energy	—	—	—	—	—
5500B	Ministry of Mining and Energy	—	—	—	—	—
5800A	Ministry of Land and the Environment	—	—	—	—	—
5800B	Ministry of Land and the Environment	—	—	—	—	—
6300A	Ministry of Water and Housing	—	—	—	—	—
6300B	Ministry of Water and Housing	—	—	—	—	—
6500A	Ministry of Transport and Works	619,000.0	—	—	—	—
6500B	Ministry of Transport and Works	1,352,000.0	—	—	—	—
7200A	Ministry of Local Government, Community Development and Sport	—	—	—	—	—
7200B	Ministry of Local Government, Community Development and Sport	—	—	—	—	—
	Total Capital	2,281,434.0	309,513.0	1,870.0	132,140,784.0	50,000.0
	Grand Total Recurrent and Capital	2,281,434.0	309,513.0	2,870.0	132,140,784.0	50,000.0

xxi

	2004-2005 Jamaica Budget
		Capital
	Summary of Total Expenditure by Objects
	$’000

	Head No. and Title	99 Unclassified	Gross Total	Less Appropriations in Aid	Net Total
1500A	Office of the Prime Minister	—	14,000.0	—	14,000.0	—
1500B	Office of the Prime Minister	—	—	—	—	—
1600A	Office of the Cabinet	257,000.0	297,000.0	—	297,000.0	—
1600B	Office of the Cabinet	—	158,100.0	—	158,100.0	—
1700A	Ministry of Industry and Tourism	—	87,500.0	—	87,500.0	—
1700B	Ministry of Industry and Tourism	—	—	—	—	—
2000A	Ministry of Finance and Planning	30,000.0	132,849,184.0	—	132,849,184.0	—
2000B	Ministry of Finance and Planning	—	300,000.0	—	300,000.0	—
2600A	Ministry of National Security	—	100,000.0	—	100,000.0	—
2600B	Ministry of National Security	—	110,000.0	—	110,000.0	—
2800A	Ministry of Justice	—	100,000.0	—	100,000.0	—
2800B	Ministry of Justice	—	16,200.0	—	16,200.0	—
4000A	Ministry of Labour and Social Security	—	—	—	—	—
4000B	Ministry of Labour and Social Security	—	1,100,000.0	—	1,100,000.0	—
4100A	Ministry of Education, Youth and Culture	—	170,800.0	—	170,800.0	—
4100B	Ministry of Education, Youth and Culture	—	482,800.0	—	482,800.0	—
4200A	Ministry of Health	—	56,000.0	—	56,000.0	—
4200B	Ministry of Health	—	531,300.0	—	531,300.0	—
5100A	Ministry of Agriculture	—	100,000.0	—	100,000.0	—
5100B	Ministry of Agriculture	—	262,700.0	—	262,700.0	—
5200A	Ministry of Commerce, Science and Technology	—	—	—	—	—
5200B	Ministry of Commerce, Science and Technology	—	110,000.0	—	110,000.0	—
5500A	Ministry of Mining and Energy	—	—	—	—	—
5500B	Ministry of Mining and Energy	—	—	—	—	—
5800A	Ministry of Land and the Environment	—	39,850.0	—	39,850.0	—
5800B	Ministry of Land and the Environment	—	282,300.0	—	282,300.0	—
6300A	Ministry of Water and Housing	—	200,000.0	—	200,000.0	—
6300B	Ministry of Water and Housing	—	432,400.0	—	432,400.0	—
6500A	Ministry of Transport and Works	—	672,000.0	—	672,000.0	—
6500B	Ministry of Transport and Works	—	1,670,000.0	—	1,670,000.0	—
7200A	Ministry of Local Government, Community Development and Sport	—	160,000.0	—	160,000.0	—
7200B	Ministry of Local Government, Community Development and Sport	—	300,000.0	—	300,000.0	—
	Total Capital	287,000.0	140,602,134.0	—	140,602,134.0	—
	Grand Total Recurrent and Capital	1,287,000.0	329,826,687.0	1,673,285.0	328,153,402.0	—

xxii

	2004-2005 Jamaica Budget
		Recurrent
	Summary of Total Expenditure Classified by Objects
	$’000

	Object Classification	Actual Expenditure 2002-2003		Pct of Gross Total	Approved Estimates 2003-2004		Pct of Gross Total	Revised Estimates 2003-2004		Pct of Gross Total	Estimates 2004-2005		Pct of Gross Total
21	Compensation of Employees	28,589,198.0		20.6	21,126,275.0		12.9	23,368,865.0		13.1	23,161,221.0		12.2
22	Travel Expenses and Subsistence	2,177,587.0		1.6	2,129,857.0		1.3	2,235,316.0		1.3	2,158,319.0		1.1
23	Rental of Property, Machinery and Equipment	687,532.0		0.5	727,235.0		0.4	765,789.0		0.4	757,782.0		0.4
24	Public Utility Services	1,161,942.0		0.8	1,130,595.0		0.7	1,263,214.0		0.7	1,294,603.0		0.7
25	Purchases of Other Goods and Services	6,551,615.0		4.7	6,016,579.0		3.7	5,670,785.0		3.2	5,872,229.0		3.1
26	Interest Payments	60,739,018.0		43.7	79,212,924.0		48.4	90,742,298.0		50.9	96,301,870.0		50.9
28	Retirement Benefits	4,838,958.0		3.5	5,426,022.0		3.3	5,742,928.0		3.2	6,689,021.0		3.5
29	Awards and Indemnities	153,712.0		0.1	158,658.0		0.1	72,197.0		0.0	120,464.0		0.1
30	Grants and Contributions	33,703,588.0		24.3	40,834,338.0		25.0	48,043,795.0		27.0	51,561,570.0		27.2
31	Purchases of Equipment (Capital Goods)	306,338.0		0.2	388,960.0		0.2	334,986.0		0.2	306,474.0		0.2
32	Land and Structures	9,174.0		0.0	12,619.0		0.0	3,619.0		0.0	—		—
34	Purchase of Livestock and Other Animals	4,272.0		0.0	2,700.0		0.0	1,700.0		0.0	1,000.0		0.0
99	Unclassified	—		—	6,488,020.0		4.0	—		—	1,000,000.0		0.5
	Gross Total	138,922,934.0		100.0	163,654,782.0		100.0	178,245,493.0		100.0	189,224,553.0		100.0
	Less Appropriations-In-Aid	(924,939.0	)	—	(1,304,803.0	)	—	(1,479,509.0	)	—	(1,673,285.0	)	—
	Net Total	137,997,995.0		100.0	162,349,979.0		100.0	176,765,983.0		100.0	187,551,268.0		100.0

xxiii

	2004-2005 Jamaica Budget
		Capital
	Summary of Total Expenditure Classified by Objects
	$’000

	Object Classification	Actual Expenditure 2002-2003	Pct of Gross Total	Approved Estimates 2003-2004	Pct of Gross Total	Revised Estimates 2003-2004		Pct of Gross Total	Estimates 2004-2005	Pct of Gross Total
21	Compensation of Employees	331,338.0	0.4	323,895.0	0.3	275,891.0		0.3	433,767.0	0.3
22	Travel Expenses and Subsistence	76,463.0	0.1	81,510.0	0.1	58,729.0		0.1	76,018.0	0.1
23	Rental of Property, Machinery and Equipment	22,014.0	0.0	9,742.0	0.0	4,067.0		0.0	3,113.0	0.0
24	Public Utility Services	17,918.0	0.0	14,880.0	0.0	12,143.0		0.0	13,315.0	0.0
25	Purchases of Other Goods and Services	1,730,333.0	2.0	2,136,089.0	2.1	1,262,825.0		1.2	1,877,417.0	1.3
29	Awards and Indemnities	882.0	0.0	—	—	—		—	—	—
30	Grants and Contributions	2,422,846.0	2.8	2,192,038.0	2.2	1,565,505.0		1.5	2,583,677.0	1.8
31	Purchases of Equipment (Capital Goods)	1,012,239.0	1.2	855,944.0	0.9	373,257.0		0.4	544,226.0	0.4
32	Land and Structures	960,855.0	1.1	2,069,709.0	2.1	1,505,801.0		1.5	2,281,434.0	1.6
33	Financial Investments	884,398.0	1.0	732,300.0	0.7	944,557.0		0.9	309,513.0	0.2
34	Purchase of Livestock and Other Animals	2,215.0	0.0	1,250.0	0.0	130.0		0.0	1,870.0	0.0
35	Loan Repayments and Sinking Fund Contributions	79,099,828.0	91.2	90,308,825.0	90.9	96,330,448.0		94.0	132,140,784.0	94.0
36	Loans	111,500.0	0.1	138,500.0	0.1	99,500.0		0.1	50,000.0	0.0
99	Unclassified	30,753.0	0.0	490,212.0	0.5	12,488.0		0.0	287,000.0	0.2
	Gross Total	86,703,582.0	100.0	99,354,894.0	100.0	102,445,341.0		100.0	140,602,134.0	100.0
	Less Appropriations-In-Aid	—	—	—	—	(50,000.0	)	—	—	—
	Net Total	86,703,582.0	100.0	99,354,894.0	100.0	102,395,341.0		100.0	140,602,134.0	100.0

xxiv

	2004-2005 Jamaica Budget
		Total Recurrent And
	Summary of Total Expenditure Classified by Objects	Capital
	$’000

	Object Classification	Actual Expenditure 2002-2003		Pct of Gross Total	Approved Estimates 2003-2004		Pct of Gross Total	Revised Estimates 2003-2004		Pct of Gross Total	Estimates 2004-2005		Pct of Gross Total
21	Compensation of Employees	28,920,536.0		12.8	21,450,170.0		8.1	23,644,756.0		8.4	23,594,988.0		7.2
22	Travel Expenses and Subsistence	2,254,050.0		10.0	2,211,367.0		0.8	2,294,045.0		0.8	2,234,337.0		0.7
23	Rental of Property, Machinery and Equipment	709,546.0		0.3	736,977.0		0.3	769,856.0		0.3	760,895.0		0.2
24	Public Utility Services	1,179,860.0		0.5	1,145,475.0		0.4	1,275,357.0		0.5	1,307,918.0		0.4
25	Purchases of Other Goods and Services	8,281,948.0		3.7	8,152,668.0		3.1	6,933,610.0		2.5	7,749,646.0		2.3
26	Interest Payments	60,739,018.0		26.9	79,212,924.0		30.1	90,742,298.0		32.3	96,301,870.0		29.2
28	Retirement Benefits	4,838,958.0		2.1	5,426,022.0		2.1	5,742,928.0		2.0	6,689,021.0		2.0
29	Awards and Indemnities	154,594.0		0.1	158,658.0		0.1	72,197.0		0.0	120,464.0		0.0
30	Grants and Contributions	36,126,434.0		16.0	43,026,376.0		16.4	49,609,300.0		17.7	54,145,247.0		16.4
31	Purchases of Equipment (Capital Goods)	1,318,577.0		0.6	1,244,904.0		0.5	708,243.0		0.3	850,700.0		0.3
32	Land and Structures	970,029.0		0.4	2,082,328.0		0.8	1,509,420.0		0.5	2,281,434.0		0.7
33	Financial Investments	884,398.0		0.4	732,300.0		0.3	944,557.0		0.3	309,513.0		0.1
34	Purchase of Livestock and Other Animals	6,487.0		0.0	3,950.0		0.0	1,830.0		0.0	2,870.0		0.0
35	Loan Repayments and Sinking Fund Contributions	79,099,828.0		35.1	90,308,825.0		34.3	96,330,448.0		34.3	132,140,784.0		40.1
36	Loans	111,500.0		0.0	138,500.0		0.1	99,500.0		0.0	50,000.0		0.0
99	Unclassified	30,753.0		0.0	6,978,232.0		2.7	12,488.0		0.0	1,287,000.0		0.4
	Gross Total	225,626,516.0		100.0	263,009,676.0		100.0	280,690,834.0		100.0	329,826,687.0		100.0
	Less Appropriations-In-Aid	(924,939.0	)	—	(1,304,803.0	)	—	(1,529,509.0	)	—	(1,673,285.0	)	—
	Net Total	224,701,577.0		100.0	261,704,873.0		100.0	279,161,324.0		100.0	328,153,402.0		100.0

xxv

2004 - 2005 JAMAICA BUDGET

STATEMENT I

RECEIPTS AND PAYMENTS OF THE CONSOLIDATED FUND

1st APRIL, 2003 TO 31st MARCH, 2004

	$	$		$	$
RECEIPTS			PAYMENTS
RECURRENT REVENUE			RECURRENT EXPENDITURE
Taxation Revenue	131,361,433,604		Statutory Expenditure	93,501,762,347
Non-Tax Revenue	9,044,027,789	140,405,461,393	Voted Expenditure	80,203,074,945	173,704,837,292
Transfer from Capital Development Fund		1,767,500,000
CAPITAL REVENUE			CAPITAL EXPENDITURE
Royalties	703,267,600		Statutory Expenditure	101,692,435,741
Extraordinary Receipts	7,886,238,275		Voted Expenditure	5,863,826,000	107,556,261,741
Land Sales	15,760,802
Loan Repayments (Principal)	510,244,851	9,115,511,528
LOAN RECEIPTS
Internal Market Loans:
Local Registered Stock	19,981,222,566
Debenture	43,365,130,780
Index Bonds	8,032,375,028
Other	43,299,647,280
External Loans:
World Bank (IBRD)	2,052,932,501
IADB	61,952,528
Caribbean Development Bank	103,964,683
U.S.$ Loan
OECF
Germany	41,140,951
Euro Bonds	15,285,907,500	132,224,273,817
			OTHER PAYMENTS
OTHER RECEIPTS			Treasury Bills Redemption		(1,715,546,404	)
Cash Balance at 1st April 2003		5,387,702,930	Short Issues (Previous Fin. Years)		163,639,000
Over Issues (Previous Fin. Yrs)		1,853,828,028	Cash Balance 31st March, 2004		11,045,086,067
		290,754,277,696			290,754,277,696

The figures appearing on this statement are preliminary & therefore are subject to change

1

2004 - 2005 JAMAICA BUDGET

STATEMENT II

DEFICIT FINANCING ACCOUNT

FINANCIAL YEAR ENDED 31ST MARCH, 2004

	$	$
CURRENT ACCOUNT
Recurrent Revenue	142,172,961,393
Recurrent Expenditure	173,704,837,292
Deficit on Current Account		(31,531,875,899	)
CAPITAL ACCOUNT
Capital Revenue	9,115,511,528
Capital Expenditure	107,556,261,741
Deficit on Capital Account		(98,440,750,213	)
Total Deficit on Current and Capital Accounts		(129,972,626,112	)
Treasury Bills Redemption		(1,715,546,494	)
Financing Requirement		(131,688,172,606	)
Shortfall financed from Loans raised in 2003/04 and Cash Balance brought forward 1st April, 2003		131,688,172,606

2

2004 - 2005 JAMAICA BUDGET

STATEMENT III

REVENUE ESTIMATES COMPARED WITH CONSOLIDATED FUND RECEIPTS

	APPROVED ESTIMATES 2003 - 2004	CONSOLIDATED FUND RECEIPTS 2003 - 2004
	$	$
ORDINARY REVENUE
A. TAXATION REVENUE
Customs	12,224,800,000	12,223,397,206
General Consumption Tax	33,589,800,000	36,128,163,005
Special Consumption Tax	11,642,700,000	12,259,491,174
Income Tax	49,500,800,000	55,379,582,652
Stamp Duties	4,904,500,000	5,715,060,667
Motor Vehicle Licences	1,011,700,000	1,076,517,071
Other Licences	104,200,000	173,595,047
Travel Tax	1,640,500,000	955,612,073
Betting, Gaming & Lotteries-Duties, Fees, Levies	1,082,900,000	1,117,459,433
Education Tax	5,503,000,000	5,826,263,591
Contractors Levy	443,200,000	506,291,685
TOTAL TAXATION REVENUE	121,648,100,000	131,361,433,604
B. NON-TAX REVENUE
Post Office	662,345,000	633,273,068
Loan Repayment - Interest	670,700,000	456,278,643
Departmental and Other Miscellaneous Revenue	3,671,618,486	7,954,476,078
TOTAL NON-TAX REVENUE	5,004,663,486	9,044,027,789
TOTAL ORDINARY REVENUE	126,652,763,486	140,405,461,393
Transfer from Capital Development Fund	1,767,500,000	1,767,500,000
TOTAL RECURRENT REVENUE	128,420,263,486	142,172,961,393

3

2004 - 2005 JAMAICA BUDGET

STATEMENT III

REVENUE ESTIMATES COMPARED WITH CONSOLIDATED FUND RECEIPTS

	APPROVED ESTIMATES 2003 - 2004	CONSOLIDATED FUND RECEIPTS 2003 - 2004
	$	$
C. CAPITAL REVENUE
Royalties	396,102,714	703,267,600
Loan Repayments (Principal)	600,500,000	510,244,851
Extraordinary Receipts	2,786,497,286	7,886,238,275
Land Sales	15,500,000	15,760,802
TOTAL CAPITAL REVENUE	3,798,600,000	9,115,511,528
TOTAL RECURRENT AND CAPITAL REVENUE	132,218,863,486	151,288,472,921
D. LOAN RECEIPTS
1. External Loans
(a) Multilateral	1,858,340,000	17,504,757,212
(b) Bilateral	163,800,000	41,140,951
(c) Others, including (Refinancing) etc	13,875,000,000	0
TOTAL EXTERNAL LOANS	15,897,140,000	17,545,898,163
2. Domestic Loans
(a) Local Registered Stock	100,539,200,000	19,981,222,566
(b) Debenture		43,365,130,780
(c) Other		51,332,022,309
TOTAL DOMESTIC LOANS	100,539,200,000	114,678,375,655
TOTAL LOAN RECEIPTS	116,436,340,000	132,224,273,818
TOTAL REVENUE	248,655,203,486	283,512,746,739

4

2004 - 2005 JAMAICA BUDGET

STATEMENT IV

EXPENDITURE ESTIMATES COMPARED WITH ISSUES

FROM THE CONSOLIDATED FUND

	Estimates 2003 - 2004	Issues from the Consolidated Fund 2003 - 2004
	$	$
RECURRENT EXPENDITURE
Statutory Expenditure
Public Debt Charges	90,740,998,000	89,536,715,347
Other Statutory Expenditure	3,723,721,000	3,965,047,000
Total Statutory	94,464,719,000	93,501,762,347
Voted Expenditure
His Excellency Governor General and Staff	16,006,000	16,006,000
Houses of Parliament	341,899,000	339,395,019
Public Defender’s Office	31,016,000	30,424,000
Office of the Contractor General	73,163,000	72,441,322
Audit	146,775,000	146,298,433
Office of the Services Commissions	84,885,000	83,596,840
Office of the Prime Minister and Department	554,824,000	531,093,689
Office of the Cabinet and Department	495,723,000	471,468,162
Ministry of Industry and Tourism	1,809,269,000	1,806,198,451
Ministry of Finance and Planning and Departments	9,097,099,000	8,676,339,109
Ministry of National Security and Departments	15,284,504,000	15,052,133,223
Ministry of Justice and Departments	1,558,349,000	1,509,252,734
Ministry of Foreign Affairs and Foreign Trade	1,178,163,000	1,040,987,357
Ministry of Labour and Social Security	1,076,665,000	1,062,365,000
Ministry of Education and Culture	29,194,942,000	28,545,703,427
Ministry of Health and Departments	11,823,551,000	11,514,448,445
Ministry of Agriculture and Department	1,328,165,000	1,308,817,249
Ministry of Commerce, Science and Technology and Departments	1,684,688,000	1,655,949,336
Ministry of Land and Environment and Departments	987,055,000	964,960,285
Ministry of Water and Housing	544,723,000	531,313,694
Ministry of Transport and Works and Department	1,103,856,000	1,083,244,550
Ministry of Local Government, Community Development and Sport	3,885,944,000	3,760,638,620
Total Voted	82,301,264,000	80,203,074,945
Total Recurrent	176,765,983,000	173,704,837,291

5

2004 - 2005 JAMAICA BUDGET

STATEMENT IV

EXPENDITURE ESTIMATES COMPARED WITH ISSUES

FROM THE CONSOLIDATED FUND

	Estimates 2003 - 2004	Issues from the Consolidated Fund 2003 - 2004
	$	$
CAPITAL EXPENDITURE
Statutory Expenditure	96,330,448,000	101,692,435,741
Total Statutory	96,330,448,000	101,692,435,741
Voted Expenditure
Office of the Prime Minister	52,600,000	47,910,000
Office of the Cabinet	132,002,000	130,446,000
Ministry of Industry and Sport	150,052,000	145,452,000
Ministry of Finance and Planning	1,472,377,000	1,424,130,000
Ministry of National Security	192,830,000	192,414,000
Ministry of Justice	41,428,000	29,464,000
Ministry of Labour and Social Security	481,439,000	481,439,000
Ministry of Education and Culture	341,760,000	341,760,000
Ministry of Health	149,823,000	99,123,000
Ministry of Agriculture	293,681,000	291,055,000
Ministry of Commerce, Science and Technology	117,898,000	107,898,000
Ministry of Land and Environment	126,022,000	113,914,000
Ministry of Water and Housing	155,420,000	136,560,000
Ministry of Transport and Works	1,519,493,000	1,519,493,000
Ministry of Local Government, Community Development and Sport	838,068,000	802,768,000
Total Voted	6,064,893,000	5,863,826,000
	102,395,341,000	107,556,261,741
Total Recurrent & Capital	279,161,324,000	281,261,099,032

6

2004 - 2005 JAMAICA BUDGET

STATEMENT V

CONSOLIDATED FUND BALANCES

31ST MARCH, 2004

	$		$
GENERAL REVENUE BALANCES:
A. RECURRENT REVENUE
Recurrent Revenue	142,172,961,393
Recurrent Expenditure	173,704,837,292
Deficit on Recurrent Revenue			(31,531,875,899	)
B. CAPITAL REVENUE
Capital Revenue	9,115,511,528
C. LOAN FUND
Long Term Loans
(a) External Loans Raised 2003 - 2004	17,545,898,163
(b) Internal Market Loans Raised 2003 - 2004	114,678,375,654
	141,339,785,345
Capital Expenditure 2003 - 2004	107,556,261,741
Surplus on Capital Revenue & Loan Receipts			33,783,523,604
Net Deficit			2,251,647,705
Add:
(1 ) Surrender of over Issues previous financial years	1,853,828,028
(2 ) Cash Balance brought forward 1st April, 2003	5,387,702,930		7,241,530,958
			9,493,178,663
Less:
(1) Short Issues previous financial years	163,639,000
(2) Treasury Bills Redemption	(1,715,546,404	)	(1,551,907,404	)
Cash Balance 31st March, 2004			11,045,086,067

7

2004 - 2005 JAMAICA BUDGET

STATEMENT VI

CAPITAL DEVELOPMENT FUND

31st March, 2004

	$		$
Bauxite Production Levy Received	31,912,737,464
Less: Refund/Remissions	(630,614,273	)
Net Receipts			31,282,123,191
Add: Retained Earnings at 31st March, 2004			2,157,478,126
			33,439,601,317
Less: (a) Transfers to Consolidated Fund
1974/75	85,000,000
1975/76	125,000,000
1976/77	80,000,000
1977/78	110,000,000
1978/79	268,000,000
1979/80	232,500,000
1980/81	230,000,000
1981/82	300,000,000
1982/83	182,000,000
1983/84	140,000,000
1984/85	397,000,000
1985/86	204,000,000
1986/87	414,000,000
1987/88	269,000,000
1988/89	315,000,000
1989/90	265,000,000
1990/91	555,400,000
1991/92	1,050,000,000
1992/93	—
1993/94	2,000,000,000
1994/95	1,500,000,000
1995/96	4,256,000,000
1996/97	1,500,000,000
1997/98	3,439,000,000
1998/99	2,300,000,000
1999/2000	1,900,000,000
2000/2001	2,900,000,000
2001/2002	1,740,000,000
2002/2003	1,436,900,000
2003/2004	1,767,500,000
	29,961,300,000
(b) Grants	2,863,339,400
(c) Net Levy Written off	153,314,561		32,977,953,961
Value of Fund at 31st March, 2004			461,647,356

8

2004 - 2005 JAMAICA BUDGET

STATEMENT VII

CONTINGENCIES FUND

31ST MARCH, 2004

	$
Contingencies Fund Provision	94,000,000
Balance as at 31st March, 2004	94,000,000

9

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
I PERPETUAL ANNUITIES
PERPETUAL ANNUITIES	JAM	154,833	154,833
SUB-TOTAL PERPETUAL ANNUITIES	JAM	154,833	154,833
SUB-TOTAL CATEGORY I (PERPETUAL ANNUITIES)	JAM	154,833	154,833
II MARKET LOANS
(a) TREASURY BILLS	JAM	3,750,000,000	3,750,000,000
SUB-TOTAL (a) Treasury Bills	JAM	3,750,000,000	3,750,000,000
(b) Land Bonds
GLB 20001 215 Stewart Castle. Trelawny	JAM	216,000	216,000
GLB 19991 21% Stewart Castle Trelawny	JAM	160,000	160,000
GLB 19990 21% Stewart Castle Trelawny	JAM	105,000	105,000
GLB 20005 21% Stewart Castle Trelawny	JAM	68,000	68,000
GLB 20009 21% Stewart Castle Trelawny	JAM	840,000	840,000
GLB 200019 21% Stewart Castle Trelawny	JAM	288,000	288,000
GLB 200023 21% Stewart Castle Trelawny	JAM	76,000	76,000
GLB 19993 21% Stewart Castle Trelawny	JAM	70,000	70,000
GLB 20003 (21.0%)-Landovery, St. Ann	JAM	480,000	480,000
GLB 200013 (21.0%) - Landovery, St. Ann	JAM	52,000	52,000
GLB 200014 (21.0%) - Rio Bueno, Trelawny	JAM	66,000	66,000
GLB 200034 (21.0%) - Rio Bueno, Trelawny	JAM	44,000	44,000
GLB 200012 (21.0%) - Braco & Lancaster Estate, Trelawny	JAM	48,000	48,000
GLB 19992 (18.0%) - Jamaica Orange Farms, St. James	JAM	170,000,000	170,000,000
GLB 200025 (21.0%) - Bengal, Trelawny	JAM	56,000	56,000
GLB 200032 (21.0%) - Odeon Lands, St. Andrew	JAM	172,500,000	172,500,000
GLB 20002 (21.0%) - Stewart Castle, Trelawny	JAM	63,000	63,000
GLB 200029 (21.0%) - Stewart Castle, Trelawny	JAM	42,000	42,000
GLB 20008 (21.0%) - Stewart Castle, Trelawny	JAM	88,000	88,000
GLB 200010 (21.0%) - Stewart Castle, Trelawny	JAM	160,000	160,000
GLB 200026 (21.0%) - Stewart Castle, Trelawny	JAM	240,000	240,000
GLB 20007 (18.0%) - Salt Gut, St. Mary	JAM	132,000	132,000
GLB 200024 (18.0%) - Salt Gut, St. Mary	JAM	90,000	90,000
GLB 200028 (18.0%) - Retirement, St. Mary	JAM	172,000	172,000
GLB 20000 (18.0%) - Bengal, St Ann	JAM	336,600	336,600
GLB 20006 (18.0%) - Bengal, St Ann	JAM	37,400	37,400
GLB 200017 (18.0%) - Bengal, St Ann	JAM	488,400	488,400
GLB 200020 (18.0%) - Florence Hall, Trelawny	JAM	120,000	120,000
GLB 20016 (18.0%) - San Diego, Rio Bueno, Trelawny	JAM	300,000	300,000
GLB 200031(18.0%) - Tamarind Hill, Round Hill, Trelawny	JAM	2,000,000	2,000,000
GLB 200015 (18.0%) - Holland Estate, Trelawny	JAM	320,000	320,000
GLB 200018 (18%) - Bengal, Trelawny	JAM	120,000	120,000
GLB 200030 (18%) - Bengal, Trelawny	JAM	75,000	75,000
GLB 20011 (18.0%) - Rookmoor, St. Mary	JAM	96,400	96,400
GLB 200021 (18.0%) - Tower Hill, St. Mary	JAM	92,000	92,000
GLB 200022 (18.0%) - Tower Hill, St. Mary	JAM	140,000	140,000
GLB 200027 (18.0%) - Tower Hill, St. Mary	JAM	128,000	128,000
GLB 200033 (18.0%) - Windsor Castle, Portland	JAM	68,000	68,000
GLB 200011 (18.0%) - Johnson Twn., Trelawny	JAM	5,750,000	5,750,000
GLB 20014 (18.0%) - Success Rio Bueno, Trelawny	JAM	259,900	259,900
GLB 20016 (18.0%) - Bogue Industrial Estate, St. James	JAM	58,500,000	58,500,000
GLB 20017(18%) - Lundies Retreat/ Odeon Lands, St. Andrew	JAM	29,000,000	29,000,000
GLB 20010 (18.0%) - Llandovery, St. Ann	JAM	218,000	218,000
GLB 19994 Stewart Castle Trelawny	JAM	215,000	215,000
GLB 200035 Braco Estate Trelawny	JAM	680,000	680,000
GLB 20024 Salt Marsh Trelawny	JAM	240,000	240,000
GLB 200025 Stewart Castle (Lot 231-232) Trelawny	JAM	280,000	280,000

10

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
GLB 200111 Greenside Trelawny	JAM	125,000	125,000
GLB 200211 Stewart Castle Trelawny (Lot 74)	JAM	250,000	250,000
GLB 200210 Stewart Castle Trelawny (Lot 5)	JAM	70,000	70,000
GLB 200112 Bengal Estate (Lot 6) St. Ann	JAM	53,900	53,900
GLB 20023 Stewart Castle Trelawny (Lot 3,4)	JAM	400,000	400,000
GLB 200036 Bengal Estate (Lot 46/1) St Ann	JAM	2,150,000	2,150,000
GLB 20029 Harmony Hall Trelawny	JAM	93,200	93,200
GLB 20026 Flat Point Llandovery St. Ann	JAM	52,000	52,000
GLB 200110 Braco Estate Trelawny	JAM	294,000	294,000
GLB 200037 Florence Estate Trelawny	JAM	180,000	180,000
GLB 20028 Beverley;s Pen St. Ann	JAM	6,800,000	6,800,000
GLB 20019 Llandovery Estate St. Ann	JAM	380,000	380,000
GLB 20021 (16%) FIDCO St.Catherine	JAM	59,395,600	59,395,600
GLB 20012 (18%) Trafalgar Road Improvement Project	JAM	6,142,500	6,142,500
GLB 20015 (18%) Trafalgar Road Improvement Project	JAM	51,100	51,100
GLB 20013 (18%) Trafalgar Road Improvement Project	JAM	247,000	247,000
GLB 20018 (18%) Trafalgar Road Improvement Project	JAM	535,500	535,500
GLB 20022 (16%) Trafalgar Road Improvement Project	JAM	2,590,900	2,590,900
GLB 20020 (16%) Trafalgar Road Improvement Project	JAM	180,000	180,000
GLB 20023 (16%) Rice Mills Lands St. Catherine	JAM	21,000,000	21,000,000
SUB-TOTAL (b) Land Bonds	JAM	546,511,400	546,511,400
(c) Local Registered Stock
LRS FIXED RATE 11.5% 2004	JAM	571,598,000	571,598,000
LRS FIXED RATE 13.75% 2004AD	JAM	700,000,000	700,000,000
LRS FIXED RATE 13.875% 2005AH	JAM	400,000,000	400,000,000
LRS FIXED RATE 13.875% 2005AJ	JAM	300,000,000	300,000,000
LRS FIXED RATE 13.875% 2005AK	JAM	600,000,000	600,000,000
LRS FIXED RATE 13.875% 2005AL	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.0% 2007AG	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.0% 2007AH	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.0% 2021A	JAM	1,300,000,000	1,300,000,000
LRS FIXED RATE 14.0% 2013AD	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.0% 2013AE	JAM	600,000,000	600,000,000
LRS FIXED RATE 14.125% 2008AK	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.25% 2005	JAM	182,738,800	182,738,800
LRS FIXED RATE 14.25% 2007C	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.25% 2007D	JAM	100,000,000	100,000,000
LRS FIXED RATE 14.25% 2008AG	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.25% 2009AD	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.25% 2009AE	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.25% 2009AF	JAM	1,980,652,046	1,980,652,046
LRS FIXED RATE 14.25% 2009AG	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.25% 2009AH	JAM	1,063,306,542	1,063,306,542
LRS FIXED RATE 14.25% 2013AC	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.375% 2006AF	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.375% 2011AC	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.375% 2011AD	JAM	511,816,000	511,816,000
LRS FIXED RATE 14.375% 2012AB	JAM	300,000,000	300,000,000
LRS FIXED RATE 14.375% 2012AC	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.375% 2014AC	JAM	600,000,000	600,000,000
LRS FIXED RATE 14.375% 2014AD	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.375% 2014AF	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.375% 2014AE	JAM	600,000,000	600,000,000
LRS FIXED RATE 14.375% 2014AG	JAM	1,798,724,154	1,798,724,154
LRS FIXED RATE 14.5% 2007AF	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.5% 2008AF	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.5% 2008AH	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.5% 2008AJ	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.5% 2013AA	JAM	200,000,000	200,000,000
LRS FIXED RATE 14.5% 2013AB	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.5% 2017AA	JAM	300,000,000	300,000,000

11

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
LRS FIXED RATE 14.5% 2017AB	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.625% 2005AF	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.625% 2005AG	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.625% 2014AB	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.75% 2004AA	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.75% 2004AB	JAM	700,000,000	700,000,000
LRS FIXED RATE 14.75% 2008AE	JAM	800,000,000	800,000,000
LRS FIXED RATE 14.75% 2011AB	JAM	500,000,000	500,000,000
LRS FIXED RATE 14.75% 2014AA	JAM	400,000,000	400,000,000
LRS FIXED RATE 14.875% 2009AC	JAM	700,000,000	700,000,000
LRS FIXED RATE 15.0% 2004	JAM	23,125,000	23,125,000
LRS FIXED RATE 15.0% 2005	JAM	149,500,000	149,500,000
LRS FIXED RATE 15.0% 2008	JAM	200,000,000	200,000,000
LRS FIXED RATE 15.0% 2010AA	JAM	400,000,000	400,000,000
LRS FIXED RATE 15.0% 2010AB	JAM	400,000,000	400,000,000
LRS FIXED RATE 15.0% 2010AC	JAM	400,000,000	400,000,000
LRS FIXED RATE 15.0% 2006AE	JAM	800,000,000	800,000,000
LRS FIXED RATE 15.0% 2009AB	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.0% 2011	JAM	300,000,000	300,000,000
LRS FIXED RATE 15.0% 2011AA	JAM	500,000,000	500,000,000
LRS FIXED RATE 15.0% 2011B (Tr. C - K)	JAM	374,674,459	374,674,459
LRS FIXED RATE 15.0% 2016	JAM	30,322,246	30,322,246
LRS FIXED RATE 15.0% 2021	JAM	605,294,217	605,294,217
LRS FIXED RATE 15.0% 2032AA	JAM	300,000,000	300,000,000
LRS FIXED RATE 15% 2032AB	JAM	300,000,000	300,000,000
LRS FIXED RATE 15.125% 2012AA	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.25% 2008AD	JAM	800,000,000	800,000,000
LRS FIXED RATE 15.5% 2004	JAM	500,000,000	500,000,000
LRS FIXED RATE 15.5% 2008AA	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.5% 2008AB	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.5% 2008AC	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.5% 2006AD	JAM	800,000,000	800,000,000
LRS FIXED RATE 15.5% 2009AA	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.69 2009	JAM	3,078,200,000	3,078,200,000
LRS FIXED RATE 15.75% 2006AB	JAM	400,000,000	400,000,000
LRS FIXED RATE 15.75% 2006AC	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.75% 2007AC	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.75% 2007AD	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.75% 2011	JAM	200,000,000	200,000,000
LRS FIXED RATE 15.75% 2019	JAM	100,000,000	100,000,000
LRS FIXED RATE 15.8% 2017	JAM	600,000,000	600,000,000
LRS FIXED RATE 15.875% 2012	JAM	250,000,000	250,000,000
LRS FIXED RATE 16.0% 2006AA	JAM	600,000,000	600,000,000
LRS FIXED RATE 16.0% 2007AA	JAM	400,000,000	400,000,000
LRS FIXED RATE 16.0% 2007AB	JAM	400,000,000	400,000,000
LRS FIXED RATE 16.0% 2009	JAM	1,084,000,000	1,084,000,000
LRS FIXED RATE 16.0% 2013	JAM	300,000,000	300,000,000
LRS FIXED RATE 16.0% 2017	JAM	300,000,000	300,000,000
LRS FIXED RATE 16.0% 2022	JAM	500,000,000	500,000,000
LRS FIXED RATE 16.0% 2032	JAM	100,000,000	100,000,000
LRS FIXED RATE 16.125% 2032	JAM	530,000,000	530,000,000
LRS FIXED RATE 16.15% 2022	JAM	400,000,000	400,000,000
LRS FIXED RATE 16.15% 2022A	JAM	800,000,000	800,000,000
LRS FIXED RATE 16.25% 2022	JAM	1,000,000,000	1,000,000,000
LRS FIXED RATE 16.25% 2007AE	JAM	400,000,000	400,000,000
LRS FIXED RATE 16.25% 2027	JAM	200,000,000	200,000,000
LRS FIXED RATE 16.25% 2027A	JAM	500,000,000	500,000,000
LRS FIXED RATE 16.25% 2032	JAM	250,000,000	250,000,000
LRS FIXED RATE 16.25% 2032A	JAM	1,221,874,813	1,221,874,813
LRS FIXED RATE 16.5% 2005AE	JAM	600,000,000	600,000,000
LRS FIXED RATE 16.5% 2009	JAM	500,000,000	500,000,000
LRS FIXED RATE 16.5% 2027	JAM	257,006,180	257,006,180
LRS FIXED RATE 16.75% 2005AA	JAM	400,000,000	400,000,000
LRS FIXED RATE 16.75% 2005AB	JAM	650,000,000	650,000,000
LRS FIXED RATE 16.75% 2005AC	JAM	650,000,000	650,000,000

12

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
LRS FIXED RATE 16.75% 2005AD	JAM	450,000,000	450,000,000
LRS FIXED RATE 16.75% 2008	JAM	400,000,000	400,000,000
LRS FIXED RATE 17.5% 2005	JAM	205,497,354	205,497,354
LRS FIXED RATE 22.125% 2004 (Tr. A-B)	JAM	700,000,000	700,000,000
LRS FIXED RATE 22.5% 2004 A	JAM	1,255,000,000	1,255,000,000
LRS FIXED RATE 23.25% 2005AQ	JAM	800,000,000	800,000,000
LRS FIXED RATE 23.8% 2004	JAM	633,625,305	633,625,305
LRS FIXED RATE 23.875% 2006AH	JAM	500,000,000	500,000,000
LRS FIXED RATE 24.875% 2004 A - B	JAM	1,600,000,000	1,600,000,000
LRS FIXED RATE 25% 2004B	JAM	250,000,000	250,000,000
LRS FIXED RATE 26.125% 2006AG	JAM	2,000,000,000	2,000,000,000
LRS FIXED RATE 27.75% 2008AL	JAM	663,079,000	663,079,000
LRS FIXED RATE 29.25% 2005AN	JAM	1,000,000,000	1,000,000,000
LRS FIXED RATE 27.875% 2005AP	JAM	1,500,000,000	1,500,000,000
LRS FIXED RATE 29.45% 2005AM	JAM	1,000,000,000	1,000,000,000
LRS FIXED RATE 33.5% 2005	JAM	100,000,000	100,000,000
LRS FIXED RATE 33.9% 2004	JAM	1,000,000,000	1,000,000,000
LRS FIXED RATE 34.25% 2005	JAM	500,000,000	500,000,000
LRS FIXED RATE 34.25% 2005A	JAM	565,000,000	565,000,000
LRS FIXED RATE 25.0% 2005	JAM	610,000,000	610,000,000
LRS VARIABLE RATE 1999-2006 (Tr. E)	JAM	325,000,000	325,000,000
LRS VARIABLE RATE 1999-2006 (A - D)	JAM	403,942,691	403,942,691
LRS VARIABLE RATE 1999-2008 (N-V)	JAM	21,600,000	21,600,000
LRS VARIABLE RATE 2001/2006 (TRANCHE B)	JAM	1,488,517,639	1,488,517,639
LRS VARIABLE RATE 2001/2006 (TRANCHE C)	JAM	427,624,922	427,624,922
LRS VARIABLE RATE 2001/2006 (TRANCHE D)	JAM	39,958,059	39,958,059
LRS VARIABLE RATE 2001/2006 (TRANCHE E)	JAM	13,122,918	13,122,918
LRS VARIABLE RATE 2001/2006 (TRANCHE F)	JAM	5,530,971	5,530,971
LRS VARIABLE RATE 2001/2006 (TRANCHE G)	JAM	5,139,967	5,139,967
LRS VARIABLE RATE 2001/2006 (TRANCHE K-L)	JAM	650,000,000	650,000,000
LRS VARIABLE RATE 2001/2008 (TRANCHE A-D)	JAM	1,477,319,101	1,477,319,101
LRS VARIABLE RATE 2003/2004K	JAM	250,000,000	250,000,000
LRS VARIABLE RATE 2003/2004Q (TRANCHE B)	JAM	344,436,901	344,436,901
LRS VARIABLE RATE 2003/2005 (TRANCHE C)	JAM	500,000,000	500,000,000
LRS VARIABLE RATE 2003/2009 A-J	JAM	2,000,000,000	2,000,000,000
LRS VARIABLE RATE 2004	JAM	1,490,857,000	1,490,857,000
LRS VARIABLE RATE 2004B	JAM	3,489,229,178	3,489,229,178
LRS VARIABLE RATE 2004D	JAM	932,503,000	932,503,000
LRS VARIABLE RATE 2004E	JAM	1,108,816,800	1,108,816,800
LRS VARIABLE RATE 2004F	JAM	2,105,991,809	2,105,991,809
LRS VARIABLE RATE 2004G	JAM	1,000,000,000	1,000,000,000
LRS VARIABLE RATE 2004H	JAM	1,753,228,000	1,753,228,000
LRS VARIABLE RATE 2004J	JAM	109,803,318	109,803,318
LRS VARIABLE RATE 2004/2005	JAM	100,000,000	100,000,000
LRS VARIABLE RATE 2004/2008 TR. A-K	JAM	1,161,382,775	1,161,382,775
LRS VARIABLE RATE 2005/2006	JAM	2,464,240,000	2,464,240,000
LRS VARIABLE RATE 2005/2006A	JAM	108,007,000	108,007,000
LRS VARIABLE RATE 2005/2006C	JAM	250,000,000	250,000,000
LRS VARIABLE RATE 2005/2006D	JAM	60,152,181	60,152,181
LRS VARIABLE RATE 2005/2006E	JAM	128,245,492	128,245,492
LRS VARIABLE RATE 2005/2006F (Tranche A - B)	JAM	1,000,000,000	1,000,000,000
LRS VARIABLE RATE 2005/2006G	JAM	1,000,000,000	1,000,000,000
LRS VARIABLE RATE 2005/2006H	JAM	1,000,000,000	1,000,000,000
LRS VARIABLE RATE 2005/2006J	JAM	400,000,000	400,000,000
LRS VARIABLE RATE 2005/2006K	JAM	100,000,000	100,000,000
LRS VARIABLE RATE 2005A	JAM	104,240,677	104,240,677
LRS VARIABLE RATE 2006	JAM	2,827,892,000	2,827,892,000
LRS VARIABLE RATE 2006A (Deferred Financing)	JAM	1,161,723,000	1,161,723,000
LRS VARIABLE RATE 2006B	JAM	2,304,177,000	2,304,177,000
LRS VARIABLE RATE 2006C	JAM	913,509,000	913,509,000
LRS VARIABLE RATE 2006/2007	JAM	300,000,000	300,000,000
LRS VARIABLE RATE 2006/2007A (TRANCHE C-E)	JAM	667,250,400	667,250,400
LRS VARIABLE RATE 2006/2007B	JAM	800,000,000	800,000,000
LRS VARIABLE RATE 2006/2007C	JAM	100,000,000	100,000,000
LRS VARIABLE RATE 2007	JAM	3,536,313,000	3,536,313,000

13

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
LRS VARIABLE RATE 2007/2008	JAM	200,000,000	200,000,000
LRS VARIABLE RATE 2007/2008A	JAM	4,000,000,000	4,000,000,000
LRS VARIABLE RATE 2007A	JAM	2,241,034,000	2,241,034,000
LRS VARIABLE RATE 2007B	JAM	500,000,000	500,000,000
LRS VARIABLE RATE 2007B	JAM	600,000,000	600,000,000
LRS VARIABLE RATE 2008	JAM	372,529,000	372,529,000
LRS VARIABLE RATE 2008/2009	JAM	300,000,000	300,000,000
LRS VARIABLE RATE 2008/2009A	JAM	1,831,000,000	1,831,000,000
LRS VARIABLE RATE 2008/2016 (Tranche A - H)	JAM	21,336,090,998	21,336,090,998
LRS VARIABLE RATE 2009	JAM	2,500,000,000	2,500,000,000
LRS VARIABLE RATE 2009A	JAM	114,117,728	114,117,728
LRS VARIABLE RATE 2009B	JAM	2,100,000,000	2,100,000,000
LRS VARIABLE RATE 2009C	JAM	230,586,967	230,586,967
LRS VARIABLE RATE 2009/2010	JAM	175,000,000	175,000,000
LRS VARIABLE RATE 2010	JAM	2,450,722,466	2,450,722,466
LRS VARIABLE RATE 2010/2011	JAM	200,000,000	200,000,000
LRS VARIABLE RATE 2010/2011A	JAM	1,400,000,000	1,400,000,000
LRS VARIABLE RATE 2010/2011B	JAM	500,000,000	500,000,000
LRS VARIABLE RATE 2010/2011C	JAM	2,050,000,000	2,050,000,000
LRS VARIABLE RATE 2011/2012	JAM	400,000,000	400,000,000
LRS VARIABLE RATE 2011/2012A	JAM	500,000,000	500,000,000
LRS VARIABLE RATE 2011/2012B	JAM	3,500,000,000	3,500,000,000
LRS VARIABLE RATE 2011/2012C	JAM	850,000,000	850,000,000
LRS VARIABLE RATE 2011/2012D	JAM	200,000,000	200,000,000
LRS VARIABLE RATE 2012/2013	JAM	3,931,988,191	3,931,988,191
LRS VARIABLE RATE 2012/2013A	JAM	150,000,000	150,000,000
LRS VARIABLE RATE 2012/2013B	JAM	357,717,545	357,717,545
LRS VARIABLE RATE 2012/2013C	JAM	1,000,000,000	1,000,000,000
LRS VARIABLE RATE 2012/2013D	JAM	1,700,000,000	1,700,000,000
LRS VARIABLE RATE 2012/2013E	JAM	1,000,000,000	1,000,000,000
LRS VARIABLE RATE 2012/2013F (Tr. 1 - 3)	JAM	2,500,000,000	2,500,000,000
LRS VARIABLE RATE 2012/2013G	JAM	500,000,000	500,000,000
LRS VARIABLE RATE 2012/2013H	JAM	350,000,000	350,000,000
LRS VARIABLE RATE 2012/2013J	JAM	1,000,000,000	1,000,000,000
LRS VARIABLE RATE 2012/2015 (Tr. A - D)	JAM	3,625,081,987	3,625,081,987
LRS VARIABLE RATE 2013/2014	JAM	1,977,150,580	1,977,150,580
LRS VARIABLE RATE 2013/2015 (Tr. A - E)	JAM	3,358,718,424	3,358,718,424
LRS VARIABLE RATE 2014/2016 (Tr. A - C)	JAM	4,487,382,466	4,487,382,466
LRS VARIABLE RATE 2014/2018 (Tr. A - E)	JAM	942,357,925	942,357,925
LRS VARIABLE RATE 2015/2016	JAM	2,904,204,347	2,904,204,347
LRS VARIABLE RATE 2015/2016A	JAM	340,000,000	340,000,000
LRS VARIABLE RATE 2016/2017	JAM	600,000,000	600,000,000
LRS VARIABLE RATE 2017/2018 (Deferred Financing)	JAM	137,433,291	137,433,291
LRS VARIABLE RATE 2017/2018A	JAM	300,000,000	300,000,000
LRS VARIABLE RATE 2017/2018B	JAM	500,000,000	500,000,000
LRS VARIABLE RATE 2017/2018C (Deferred Financing)	JAM	137,755,369	137,755,369
LRS VARIABLE RATE 2018/2019	JAM	200,000,000	200,000,000
LRS VARIABLE RATE 2018/2019A	JAM	150,000,000	150,000,000
LRS VARIABLE RATE 2018/2019B	JAM	100,000,000	100,000,000
LRS VARIABLE RATE 2018/2021 (Tr. A - D)	JAM	5,156,355,151	5,156,355,151
LRS VARIABLE RATE 2019/2022 (Tr. A - D)	JAM	4,468,376,438	4,468,376,438
LRS VARIABLE RATE 2022/2023	JAM	750,000,000	750,000,000
LRS VARIABLE RATE 2022/2023A	JAM	600,000,000	600,000,000
LRS VARIABLE RATE 2022/2023B	JAM	610,000,000	610,000,000
LRS VARIABLE RATE 2022/2023C	JAM	100,000,000	100,000,000
LRS VARIABLE RATE 2022/2023D	JAM	1,150,000,000	1,150,000,000
LRS VARIABLE RATE 2023/2024	JAM	200,000,000	200,000,000
LRS VARIABLE RATE 2023/2024A	JAM	150,000,000	150,000,000
LRS VARIABLE RATE 2022/2027 (Tr. A - F)	JAM	4,523,025,753	4,523,025,753
LRS VARIABLE RATE 2023/2028 (Tr. A - F)	JAM	4,858,213,308	4,858,213,308
LRS VARIABLE RATE 2024/2025	JAM	150,000,000	150,000,000
LRS VARIABLE RATE 2027/2028	JAM	125,000,000	125,000,000
LRS VARIABLE RATE 2027/2028A	JAM	1,075,000,000	1,075,000,000
LRS VARIABLE RATE 2030/2031	JAM	150,000,000	150,000,000
LRS VARIABLE RATE 2031/2032	JAM	1,000,000,000	1,000,000,000

14

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
LRS VARIABLE RATE 2032/2033	JAM	275,000,000	275,000,000
LRS VARIABLE RATE 2032/2033A TR1	JAM	202,576,641	202,576,641
LRS VARIABLE RATE 2032/2033A TR2	JAM	250,000,000	250,000,000
SUB-TOTAL (c) Local Registered Stock	JAM	220,819,207,490	220,819,207,490
(d) US$ Indexed Bonds
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11.625% DUE 2004	US$	24,464,650.00	1,500,449,547
GOJ FIXED RATE US DOLLAR INDEXED BOND - 10.5% DUE 2004	US$	108,796,900.00	6,659,379,763
GOJ FIXED RATE US DOLLAR INDEXED BOND - 12.0% DUE 2004	US$	44,693,981.00	2,741,141,342
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11.75% DUE 2004	US$	21,200,100.00	1,300,230,350
GOJ FIXED RATE US DOLLAR INDEXED BOND - 12% DUE 2005	US$	42,462,000.00	2,596,477,093
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11% DUE 2005	US$	14,564,885.00	888,839,585
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11.62.5% DUE 2005A	US$	51,465,100.00	3,143,860,205
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11.625% DUE 2005	US$	46,709,800.00	2,856,222,640
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11.25% DUE 2005	US$	19,180,600.00	1,171,689,651
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11.625% DUE 2006	US$	83,811,700.00	5,140,283,114
GOJ FIXED RATE US DOLLAR INDEXED BOND - 12% DUE 2006	US$	24,625,800.00	1,510,333,091
GOJ FIXED RATE US DOLLAR INDEXED BOND - 11.0% DUE 2006	US$	3,091,242.31	189,590,005
GOJ FIXED RATE US DOLLAR INDEXED BOND - 10.5% DUE 2007 A	US$	109,445,832.00	6,679,063,233
GOJ FIXED RATE US DOLLAR INDEXED BOND - 10.5% DUE 2007	US$	82,604,900.00	5,066,268,464
GOJ FIXED RATE US DOLLAR INDEXED BOND - 10.5% DUE 2008	US$	61,767,700.00	3,788,295,254
GOJ FIXED RATE US DOLLAR INDEXED BOND - 10.125% DUE 2009	US$	47,368,000.00	2,899,361,109
GOJ FIXED RATE US DOLLAR INDEXED BOND - 10.125% DUE 2010	US$	55,285,200.00	3,383,967,209
SUB-TOTAL (d) US$ Indexed Bonds	JAM		51,515,451,656
(e) US$ Denominated Bonds
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.625% DUE 2004	US	9,054,529	552,377,849
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 11.25% DUE 2004	US	77,845,000	4,748,988,717
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 12.0% DUE 2004	US	75,000,000	4,575,427,500
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 11.5% DUE 2004	US	15,000,000	915,085,500
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.625% DUE 2004	US	5,414,014	330,285,744
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.625% DUE 2005	US	476,459	29,066,692
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 12.0% DUE 2005	US	100,000,000	6,100,570,000
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.75% DUE 2005	US	7,420,094	452,668,029
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 11.25% DUE 2005	US	10,000,000	610,057,000
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 11.25% DUE 2005	US	3,000,033	183,019,113
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 7.0% DUE 2005	US	14,312,726	873,157,853
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.0% DUE 2005	US	83,924,619	5,119,880,129
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 10.875% DUE 2005	US	20,000,000	1,220,114,000
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 11.25% DUE 2005	US	20,063,000	1,223,957,359
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.625% DUE 2006	US	115,857	7,067,914
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 10.5% DUE 2006	US	5,700,000	347,732,490
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.625% DUE 2006	US	50,478	3,079,453
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 9.625% DUE 2006	US	82,593	5,038,630
GOJ FIXED RATE US$ DENOMINATED BOND ISSUE - 11.75% DUE 2006	US	176,926,000	10,793,494,478
GOJ FIXED RATE US$ DENOMINATED BOND ISSUE - 11.875% DUE 2006	US	100,000,000	6,100,570,000
GOJ FIXED RATE LOCAL US DOLLAR BOND ISSUE - 11.125% DUE 2022	US	10,000,000	610,057,000
GOJ VARIABLE RATE LOCAL US DOLLAR BOND ISSUE - DUE 2004	US	286,278	17,464,590
GOJ VARIABLE RATE LOCAL US DOLLAR BOND ISSUE - DUE 2005	US	64,821	3,954,458
GOJ FIXED RATE LOCAL US DOLLAR PROMISSORY NOTE (US$2.8Mn) - 11.0% DUE 2004	US	540,819	32,993,047
LEASE AGREEMENT US$4.1M-(Police Fleet Vehicles)-11.5% DUE 2005	US	732,350	44,677,524
US$ ASSUMPTION AGREEMENT (Sewerage Infrastructure Loan) - 10.5% DUE	US	6,750,000	411,788,475
SUB-TOTAL (e) US$ Denominated Bonds	JAM		45,312,573,545

15

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
(f) Investment Debenture
GOJ INVESTMENT DEBENTURE FR 18.0% 2004 SERIES “S”	JAM	6,609,285,500	6,609,285,500
GOJ INVESTMENT DEBENTURE FR 19.75% 2004 SERIES “X”	JAM	5,080,376,208	5,080,376,208
GOJ INVESTMENT DEBENTURE FR 14.5% 2004 SERIES “W”	JAM	3,140,824,688	3,140,824,688
GOJ INVESTMENT DEBENTURE 2004 SERIES Z	JAM	7,162,475,438	7,162,475,438
GOJ INVESTMENT DEBENTURE 2005 SERIES Aa.	JAM	9,418,903,688	9,418,903,688
GOJ INVESTMENT DEBENTURE FR 25% 2005 SERIES Ad	JAM	6,289,746,095	6,289,746,095
GOJ VARIABLE RATE INVESTMENT BOND 2005/2006 SERIES “C”	JAM	1,186,347,000	1,186,347,000
GOJ VARIABLE RATE INVESTMENT BOND 2005/2006 SERIES “D”	JAM	3,168,686,000	3,168,686,000
GOJ INVESTMENT DEBENTURE FR 18.625% 2006 SERIES “Y”	JAM	6,300,284,000	6,300,284,000
GOJ INVESTMENT DEBENTURE FR 22.125% 2006 SERIES Ae	JAM	5,492,989,837	5,492,989,837
GOJ INVESTMENT DEBENTURE FR 28.25% 2006 SERIES Ab	JAM	6,041,085,000	6,041,085,000
GOJ INVESTMENT DEBENTURE FR 24.25% 2006 SERIES Ac	JAM	12,594,657,833	12,594,657,833
GOJ VARIABLE RATE INVESTMENT BOND 2006/2007 SERIES “B”	JAM	2,940,689,000	2,940,689,000
GOJ INVESTMENT DEBENTURE VR 2006/2007 SERIES "T"	JAM	700,000,000	700,000,000
GOJ VARIABLE RATE INVESTMENT BOND 2006/2007 SERIES “A”	JAM	6,004,064,000	6,004,064,000
GOJ VARIABLE RATE INVESTMENT BOND 2006/2007 SERIES “F”	JAM	2,001,263,000	2,001,263,000
GOJ VARIABLE RATE INVESTMENT BOND 2007/2008 SERIES “E”	JAM	2,712,776,046	2,712,776,046
SUB-TOTAL (f) Investment Debenture	JAM	86,844,453,333	86,844,453,333
SUB-TOTAL CATEGORY II (MARKET LOANS)	JAM		408,788,197,425
III INSTITUTIONAL LOANS (LOCAL)
(a) COMMERCIAL BANKS
BANK OF NOVA SCOTIA JAMAICA LIMITED ($2,769.13mn CREDIT FACILITY TO UWI/UHWI)	JAM	1,661,479,200	1,661,479,200
BANK OF NOVA SCOTIA JAMAICA LIMITED - ($2,081mn CREDIT FACILITY TO UWI)	JAM	2,080,924,000	2,080,924,000
BANK OF NOVA SCOTIA JAMAICA LIMITED - ($891mn CREDIT FACILITY TO UHWI)	JAM	890,264,000	890,264,000
BANK OF NOVA SCOTIA JAMAICA LIMITED - ($63M JIS EQUIPMENT LOAN)	JAM	4,846,154	4,846,154
BANK OF NOVA SCOTIA JAMAICA LIMITED - (WIHCON - Mo Bay Rds) (Deferred Financing)	JAM	16,086,008	16,086,008
BANK OF NOVA SCOTIA JAMAICA LIMITED/WIHCON - (Hope Road) (Deferred Financing)	JAM	23,358,129	23,358,129
BANK OF NOVA SCOTIA JAMAICA LIMITED - (WIHCON - Portmore Schools Project)	JAM	333,139,972	333,139,972
SUB-TOTAL BANK OF NOVA SCOTIA JA. LTD.	JAM	5,010,097,463	5,010,097,463
NATIONAL COMMERCIAL BANK (St. James Police Headquarters - $184.7mn)(Deferred Financing)	JAM	9,237,026	9,237,026
NATIONAL COMMERCIAL BANK (Yallahs Fording/Pamphret Road - $203.5mn)(Deferred Financing)	JAM	11,030,722	11,030,722
NATIONAL COMMERCIAL BANK (NEGRIL-SAVLAMAR & HARBOUR VIEW - $220.6mn)(Deferred Financing)	JAM	46,112,306	46,112,306
NATIONAL COMMERCIAL BANK (NORTHERN JA.DEV. PROJECT - $197.46mn)(Deferred Financing)	JAM	114,320,551	114,320,551
NATIONAL COMMERCIAL BANK (NORTHERN JA. DEV. PROJECT - $115.92mn)(Deferred Financing)	JAM	67,109,600	67,109,600
NATIONAL COMMERCIAL BANK (HUB PROGRAMME - St. Ann/St. Cath/Clarendon)(Deferred Financing)	JAM	17,821,582	17,821,582
NATIONAL COMMERCIAL BANK (HUB PROGRAMME - St. Andrew/St. Thomas)(Deferred Financing)	JAM	18,336,923	18,336,923
NATIONAL COMMERCIAL BANK (TRAFFIC MGT.-TRAFALGAR RD - $269.87mn)(Deferred Financing)	JAM	134,932,742	134,932,742
NATIONAL COMMERCIAL BANK (TRAFFIC MGT.- WASHINGTON BLVD - $306.64mn)(Deferred Financing)	JAM	177,526,604	177,526,604
NATIONAL COMMERCIAL BANK (JUTC - $498.12mn)	JAM	344,853,635	344,853,635
NATIONAL COMMERCIAL BANK (NWC - Collaborative Programme - $165.0mn)	JAM	144,375,000	144,375,000
NATIONAL COMMERCIAL BANK (NWC - Collaborative Programme - $405.0mn)	JAM	354,375,000	354,375,000
SUB-TOTAL NATIONAL COMMERCIAL BANK JA. LTD.	JAM	1,440,031,691	1,440,031,691
FIRST CARIBBEAN INTERNATIONAL BANK (Budgetary Support)	JAM	1,000,000,000	1,000,000,000
SUB-TOTAL FIRST CARIBBEAN INTERNATIONAL BANK	JAM	1,000,000,000	1,000,000,000
SUB-TOTAL (a) COMMERCIAL BANKS	JAM	7,450,129,153	7,450,129,153

16

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

INTERNAL DEBT	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
(b) PUBLIC SECTOR ENTITIES
PAJ - PROMISSORY NOTE $38.507Mn - DUE 2006 ( Re. Settlement of Head Tax )	JAM	23,104,727	23,104,727
SUB-TOTAL PORT AUTHORITY OF JAMAICA	JAM	23,104,727	23,104,727
N.I.F. - PROMISSORY NOTE $153.2Mn DUE 2007 (Re: Tax on Int earned)	JAM	40,860,120	40,860,120
N.I.F. - PROMISSORY NOTE $134.29Mn DUE 2019 (Re: W/H Tax on LRS)	JAM	80,579,791	80,579,791
SUB-TOTAL NATIONAL INSURANCE FUND (NIF)	JAM	121,439,911	121,439,911
NATIONAL HOUSING TRUST (Stadium Gardens)	JAM	1,544,823	1,544,823
NATIONAL HOUSING TRUST (JDF Housing Stock)	JAM	79,235,478	79,235,478
SUB-TOTAL NATIONAL HOUSING TRUST	JAM	80,780,301	80,780,301
DEVELOPMENT BANK OF JAMAICA (Set-off of debts)	JAM	162,935,708.00	162,935,708
SUB-TOTAL DEVELOPMENT BANK OF JAMAICA	JAM	162,935,708.00	162,935,708
JAMAICA NATIONAL INVESTMENT CO. (NIBJ)	JAM	360,000	360,000
SUB-TOTAL JAMAICA NATIONAL INVESTMENT CO.	JAM	360,000	360,000
SUB-TOTAL (b) PUBLIC SECTOR ENTITIES	JAM	388,620,647	388,620,647
(c) OTHER LOCAL FINANCIAL INSTITUTIONS
INTERNATIONAL TRUST & MERCHANT BANK - $250.0mn (NWC - Collaborative Programme )	JAM	166,666,667	166,666,667
INTERNATIONAL TRUST & MERCHANT BANK - $350.0mn (NWC - Collaborative Programme )	JAM	233,333,333	233,333,333
SUB-TOTAL INTERNATIONAL TRUST & MERCHANT BANK LTD.	JAM	400,000,000	400,000,000
PAN CARIBBEAN MERCHANT BANK LTD. (NORTHERN JA. DEV. PROJECT) (Deferred Financing)	JAM	223,948,965	223,948,965
SUB-TOTAL PAN CARIBBEAN MERCHANT BANK LTD	JAM	223,948,965	223,948,965
PRIME LIFE ASS. CO LTD (NURSES ACCOMMODATION)	JAM	37,837,004	37,837,004
SUB-TOTAL PRIME LIFE ASS. CO LTD	JAM	37,837,004	37,837,004
GUARDIAN ASSETS MANAGEMENT LTD (Eastern & Portmore Bus Depots W/Shop Const.)	JAM	180,000,000	180,000,000
GUARDIAN ASSETS MANAGEMENT LTD (Eastern & Portmore Bus Depots W/Shop Const.)	JAM	102,420,151	102,420,151
SUB-TOTAL GUARDIAN ASSETS MANAGEMENT LTD	JAM		282,420,151
SUB-TOTAL (c) OTHER LOCAL FINANCIAL INSTITUTIONS	JAM	661,785,969	944,206,120
SUB-TOTAL CATEGORY III (INSTITUTIONAL LOANS - LOCAL)	JAM		8,782,955,920
TOTAL INTERNAL DEBT	JAM		417,571,308,178.44

17

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
EXTERNAL DEBT
I FOREIGN CURRENCY OBLIGATIONS TO COMMERCIAL ENTERPRISES
1)       BANQUE PARIBAS
PURCHASE OF 4 HELICOPTERS	US	755,452	46,101,987
2)       MEXICO
BANCO NACIONAL DE COMERCIO EXTERIOR SNC
150 MERCEDED BENZ BUSES	US	4,138,140	252,532,890
3)       PANAMA
ITOCHU LATIN AMERICA SA
PURCHASE OF MERCEDES BENZ BUS AND PARTS	US	787,167	48,037,417
PURCHASE OF 110 BUSES AND SPARE PARTS	US	11,654,848	711,245,258
TOTAL - PANAMA		12,442,015	759,282,675
4)       UNITED STATES EXPORT IMPORT BANK
R-174 1991/92 PARIS CLUB RESCHEDULING	US	4,712,037	287,555,356
R-192 1992/95 PARIS CLUB RESCHEDULING	US	10,825,360	660,625,172
TOTAL - UNITED STATES EXPORT IMPORT BANK		15,537,397	948,180,528
5)       BOND HOLDERS
US250M EUROBOND (10.875%)	US	250,000,000	15,256,425,000
US225M BOND	US	225,000,000	13,730,782,500
US400M BOND	US	400,000,000	24,410,280,000
US250M BOND (11.625%)	US	250,000,000	15,256,425,000
US300M BOND ( 10.625%)	US	300,000,000	18,307,710,000
US50M BOND ( 9%)	US	50,000,000	3,051,285,000
US50M BOND ( 9.5%)	US	50,000,000	3,051,285,000
		1,525,000,000
EURO 200M BOND	EURO	200,000,000	14,890,320,000
EURO 175M BOND	EURO	175,000,000	13,029,030,000
		375,000,000
TOTAL - BOND HOLDERS			120,983,542,500
6)       BANK OF NOVA SCOTIA
315M RESCHEDULING	US	12,691,913	774,532,875
7)       CITIBANK N.A.
FINANCE OF AIR TRAFFIC CONTROL	US	352,941	21,538,472
PURCHASE OF VOLVO BUS CHASIS	SEK	32,336,657	259,883,245
STEEL BRIDGES AND FLYOVERS	UK	635,250	70,865,504
PURCHASE OF STEEL BRIDGES & FLYOVERS (GUARANTEED)	UK	10,890,000	1,214,837,217
TOTAL - CITIBANK N.A		44,214,848	1,567,124,438

18

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
8)       HSBC
HSBC - RURAL BRIDGE PROGRAM	UK	6,750,000	752,998,275
TOTAL FOREIGN CURRENCY OBLIGATIONS TO COMMERCIAL ENTERPRISES			126,084,296,168
II FOREIGN GOVERNMENT AND GOVERNMENT AGENCIES
a)       UNITED STATES
1.       U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT
532-M-001 WATER SUPPLY PROJECT	US	65,616	4,004,262
532-L-001 WATER SUPPLY PROJECT	US	46,000	2,807,182
532-L-008 FORESTRY DEVELOPMENT	US	119,728	7,306,485
532-V-009 RURAL EDUCATION	US	1,692,797	103,304,122
532-U-015B HEALTH MANAGEMENT IMPROVEMENT	US	0	0
532-W-016B ENERGY SECTOR ASSISTANCE	US	193,456	11,805,788
532-V-024B BASIC SKILLS TRAINING	US	636,197	38,824,367
532-T-019C AGRO-INDUSTRIAL DEVELOPMENT	US	30,951	1,888,806
532-V-023A TAX REFORM PROGRAMME	US	2,967,760	181,109,631
532-V-023B TAX REFORM PROGRAMME	US	133,072	8,120,812
532-T-027 AGRICULTURAL EDUCATION PROJECT	US	3,092,846	188,743,092
532-T-027A AGRICULTURAL EDUCATION PROJECT	US	475,070	28,991,479
532-T-046 CROP DIVERSIFICATION & IRRIGATION PROJ.	US	273,210	16,672,831
532-T-046A CROP DIVERSIFICATION & IRRIGATION PROJ.	US	2,349,613	143,386,778
532-T-046B CROP DIVERSIFICATION & IRRIGATION PROJ.	US	1,641,107	100,149,703
532-T-046D CROP DIVERSIFICATION & IRRIGATION PROJ.	US	463,478	28,284,069
532-102R-109R USAID 91/92 RESCHEDULING LOANS	US	23,854,065	1,455,711,014
532-121R-154W 1992/95 PARIS CLUB RESCHEDULING	US	97,889,349	5,973,766,045
532-1-113 USAID DEBT REDUCTION	US	18,173,268	1,109,036,401
532-W-055 INNER KINGSTON DEVELOPMENT	US	3,863,739	235,787,377
TOTAL - U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT		157,961,322	9,639,700,248
2.       FEDERAL HOME LOAN BANK OF BOSTON
532-HG-010 HOUSING PROJECTS LONG TERM FINANCE	US	3,647,698	222,603,324
532-HG-011 FINANCE FOR HOUSING PROJECTS	US	9,000,000	549,231,300
532-HG-012 AO2 FINANCE FOR HOUSING PROJECT	US	5,500,000	335,641,350
532-HG-012-AO3 FINANCE FOR HOUSING PROJECT	US	8,400,000	512,615,880
532-HG-013-AO1 FINANCE FOR HOUSING PROJECT	US	14,034,304	856,453,226
532-HG-014 FINANCING- SHELTER FOR LOW INCOME FAMILY	US	16,979,409	1,036,180,320
532-HR-008 DEBT CONSOLIDATION	US	1,995,143	121,754,998
532-HR-009 DEBT CONSOLIDATION	US	9,744,325	594,654,254
TOTAL - FEDERAL HOME LOAN		69,300,879	4,229,134,652
3.       COMMODITY CREDIT CORPORATION
CCC 1991/92 RESCHEDULING	US	6,013,172	366,958,031
CCC 1992/95 RESCHEDULING	US	10,218,259	623,576,408
TOTAL - COMMODITY CREDIT CORPORATION		16,231,431	990,534,439

19

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
4.       UNITED STATES DEPT. OF AGRICULTURE
90 JMI PL480 AGREEMENT 27.59M - 1990 DELIVERIES	US	18,763,164	1,145,035,217
91 JMI USDA PL480 - 1991 DELIVERIES	US	12,820,310	782,368,392
91 JMI PL480 AGREEMENT 4.66M - 1990 DELIVERIES	US	3,165,659	193,186,556
91 JMI PURCHASE OF FOOD CALENDAR YEAR 1991	US	7,105,921	433,643,803
93 JMI GOJ/CCC PL480 AGREEMENT 20.76M - 1992 DELIVERIES	US	15,776,963	962,800,211
93 JMI GOJ/CCC PL480 AGREEMENT 27.16M - 1993 DELIVERIES	US	1,878,811	114,655,756
93 JMI GOJ/CCC PL480 AGREEMENT 2.47M	US	21,725,385	1,325,806,827
93 JMI PL480 PURCHASE OF FOOD - 1994 DELIVERIES	US	11,755,477	717,386,213
96 JMI PL480 AGREEMENT 12.89M	US	11,544,347	704,501,857
PL 480 FOR CALENDAR YEAR 1996 DELIVERIES	US	13,391,781	817,242,810
PL 480 FOR CALENDAR YEAR 1998 DELIVERIES	US	4,687,294	286,045,397
99 JMI PL480 FOR 1999 DELIVERIES	US	8,946,425	545,961,848
PL 480 FOR CALENDER YEAR 2000 DELIVERIES	US	3,194,762	194,962,587
91 JMI PL480 8.39M	US	6,043,897	368,833,045
TOTAL - UNITED STATES DEPT. OF AGRICULTURE		140,800,196	8,592,430,521
5.       FEDERAL FINANCING BANK
JM-929D FFB 1991/92 RESCHEDULING (EXT. PERIOD)	US	66,740	4,072,855
JM-928D FFB 91/92 RESCHEDULING (CONSOL. PERIOD)	US	264,840	16,162,046
JM-947D FFB 1992/95 RESCHEDULING	US	325,910	19,888,886
JM-948D FFB 1992/95 RESCHEDULING	US	157,912	9,636,690
JM-949D FFB 1992/95 RESCHEDULING	US	199,425	12,170,050
TOTAL - FEDERAL FINANCING BANK		1,014,827	61,930,528
b)       CANADA
1.       CANADIAN WHEAT BOARD
1991/92 PARIS CLUB RESCHEDULE (PRINCIPAL)	CAD	630,144	29,395,083
CAWB 92/95 DEBT RESCHEDULING	CAD	1,611,029	75,151,603
TOTAL - CANADIAN WHEAT BOARD		2,241,173	104,546,686
2.       EXPORT DEVELOPMENT CORPORATION
890-JAM-5249 EDC 91/92 RESCHEDULING	CAD	380,196	17,735,459
890-JAM-5249 EDC 91/92 US$ AFFECTED DEBT	US	772,457	47,139,729
890-JAM-5767 EDC 92/95 DEBT RESCHEDULING	US	2,424,885	147,980,305
890-JAM-5767 EDC 92/95 CDN$ AFFECTED AMOUNTS	CAD	559,097	26,080,869
880-JAM-6517 PURCHASE OF GOODS & SERVICES	US	1,804,288	110,107,938
880-JAM-7140 PURCHASE OF RADAR EQUIP. & RELATED GDS.	US	9,214,165	562,300,869
880-JAM-7798 / 3 BELL MODEL SEARCH & RESCUE HELICOPTER	US	6,595,072	402,468,885
890-JAM-8038 PURCHASE OF GOODS AND SERVICES	US	1,481,363	90,401,214
880-JAM-24714 PUR.OF GOODS AND SERVICES (NETBALL FAC)	US	5,547,624	338,547,638
TOTAL - EXPORT DEVELOPMENT CORPORATION		28,779,147	1,742,762,906

20

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
c).      CHINA
EXIM BANK OF CHINA
EQUIPMENT/SUPPLIES FOR JAMAICA WATER SYSTEM REBABILITATION	CNY	100,000,000	737,040,000
REPUBLIC OF CHINA
d)       UNITED KINGDOM
1.       COMMONWEALTH DEVELOPMENT CORPORATION
EXPANSION OF COMMERCIAL FORESTRY( 1238101)	UK	1,286,500	143,515,893
PINE PLANTATION EXPANSION PROJECT ( 1676471)	UK	1,676,471	187,019,225
CHFC MORTGAGE FINANCE-ELTHAM MEADOWS	UK	4,451,482	496,586,410
CHFC MORTGAGE FINANCE-PORTMORE HOUSING PROJECT	UK	4,666,667	520,591,437
TOTAL COMMONWEALTH DEVELOPMENT CORPORATION		12,081,120	1,347,712,966
2.       EXPORT CREDIT GUARANTEE DEPT.
ECGD PREV. RESCH. PRINCIPAL 1991/92 # 6A	UK	181,145	20,207,685
ECGD 91/92 PREV. RESCH. INTEREST # 6B	UK	78,578	8,765,792
ECGD 91/92 PREV. RESCH. PRINCIPAL # 6C	UK	57,427	6,406,286
ECGD 91/92 EXTENSION AFFECTED INTEREST # 6D	UK	21,281	2,374,008
ECGD 92/95 AFFECTED PRINCIPAL # 7A	UK	987,493	110,160,078
ECGD 92/95 AFFECTED INTEREST # 7B	UK	154,082	17,188,664
TOTAL - EXPORT CREDIT GUARANTEE DEPT.		1,480,006	165,102,513
3.       UNITED KINGDOM GOVERNMENT
1978 #2 PURCHASE OF GOODS & SERVICES	UK	62,500	6,972,206
1979 #4 PURCHASE OF GOODS & SERVICES	UK	134,500	15,004,188
1981 PURCHASE OF GOODS & SERVICES	UK	544,000	60,686,083
1981 #2 PURCHASE OF GOODS & SERVICES	UK	565,700	63,106,833
1987 PURHASE OF GOODS & SERVICES	UK	1,315,500	146,750,997
UKG 92/95 RESCHEDULING	UK	17,908,709	1,997,811,405
TOTAL - UNITED KINGDOM GOVERNMENT		20,530,909	2,290,331,713
e)       FEDERAL REPUBLIC OF GERMANY
1.       KREDITANSTALT FUR WIEDERAUFBAU
72-65-812 FINANCE OF INVESTMENT PROJECTS	EURO	168,682	12,558,645
74-66-030 FISHERY PORT KINGSTON	EURO	374,266	27,864,703
81-65-037 GENERAL COMMODITY AID II	EURO	1,319,133	98,211,562
84-67-615 GENERAL COMMODITY AID VI	EURO	170,772	12,714,249
85-67-711 GENERAL COMMODITY AID VII	EURO	1,022,584	76,133,015
87-66-024 GENERAL COMMODITY AID VIII	EURO	2,045,167	152,265,955
88-66-477 HURRICANE RECONSTRUCTION ASSISTANCE 1	EURO	1,707,715	127,142,114
89-65-121 HURRICANE RECONSTRUCTION ASSISTANCE 2	EURO	9,673,642	720,218,125
89-65-857 HURRICANE RECONSTRUCTION ASSISTANCE III	EURO	14,097,505	1,049,581,803
90-65-277 AGRICULTURAL SECTOR ADJUSTMENT PROGRAM	EURO	5,776,576	430,075,326
92-65-992 KFW 91/92 RESCHEDULING	EURO	5,504,571	409,824,118
94-65-253 KFW 92/95 DEBT RESCHEDULING	EURO	14,382,100	1,070,770,356
93-65-941 SUPPLIES AND SERVICES	EURO	8,739,953	650,703,485
94-65-345 REHABILITATION OF 2 HOSPITALS	EURO	3,649,456	271,707,838
TOTAL - KREDITANSTALT FUR WIEDERAUFBAU	EURO	68,632,122	5,109,771,294

21

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
2.       DEG/TRAFALGAR DEVELOPMENT BANK	EURO	3,266,424	243,190,493
3.       DAIMLERCHRYSLER
ACQUISITION OF 40 BENZ WATER TRUCKS	US	1,556,393	94,979,972
ACQUISITION OF 60 BENZ WATER TANKS & TRUCKS	US	1,665,145	101,616,639
TOTAL - DAIMLERCHRYSLER		3,221,538	196,596,612
f)       JAPAN
1.       OVERSEAS ECONOMIC CORPORATION FUND
JM-C1 COMMODITY LOAN	YEN	333,551,000	192,705,755
JM-P1 BARGE MOUNTED DIESEL POWER PLANT PROJECT	YEN	2,556,390,000	1,476,928,759
JM-P2 BLUE MOUNTAIN COFFEE DEVELOPMENT PROJECT	YEN	1,555,840,000	898,871,002
JM-P3 MONTEGO BAY WATER SUPPLY PROJECT	YEN	3,356,285,000	1,939,060,096
JM-P4 TELECOMMUNICATION NETWORK EXPANSION PROJ.	YEN	5,966,610,000	3,447,149,261
JM-C2 RECONSTRUCTION LOAN	YEN	1,351,340,000	780,723,172
JM-C3 AGRICULTURAL SECTOR ADJUSTMENT	YEN	2,248,388,000	1,298,983,683
JM-P5 NORTH COAST DEVELOPMENT PROJECT	YEN	6,041,126,000	3,490,200,135
JM-R6 OECF 1991/92 DEBT RESCHEDULING	YEN	180,800,000	104,455,392
JM-R7 JAPAN OECF 92/95 RESCHEDULING	YEN	716,286,000	413,827,074
JM-P6 KGN WATER SUPPLY PROJECT	YEN	616,615,000	356,243,150
TOTAL - OVERSEAS ECONOMIC CORPORATION FUND		24,923,231,000	14,399,147,478
2.       JAPAN - EXIM BANK UNITED LOAN - AIPORT REFORM + IMPORT	YEN	1,414,890,000	817,438,549
g)       NETHERLAND INVESTMENT BANK
1.      ��1976 PURCHASE OF GOODS	EURO	651,129	48,477,596
1975 PURCHASE OF GOODS	EURO	355,319	26,454,068
1977.01 PURCHASE OF GOODS	EURO	1,026,088	76,393,893
1978.02 PURCHASE OF GOODS	EURO	2,949,571	219,600,280
1978.03 PURCHASE OF GOODS	EURO	1,051,635	78,295,908
1979.02 PURCHASE OF GOODS	EURO	1,184,366	88,177,944
1979 PURCHASE OF GOODS	EURO	1,479,069	110,119,054
1980 PURCHASE OF GOODS	EURO	6,797,628	506,094,281
1980.02 CONSOLIDATION OF INTEREST AMOUNTS	EURO	329,581	24,537,833
1981 PURCHASE OF GOODS & SERVICES	EURO	2,209,728	164,517,785
1982 DEVELOPMENT - GOODS & SERVICES	EURO	2,532,270	188,531,553
1985 NETHERLANDS 1985/86 RESCHEDULING	EURO	1,066,362	79,392,357
1987.01 RESCHEDULING OF DEBT AGREEMENT 1987/88	EURO	6,013,042	447,680,598
1989.01 NETHERLANDS 88/89 RESCHEDULING	EURO	6,540,068	486,918,527
TOTAL - NETHERLAND INVESTMENT BANK		34,185,856	2,545,191,677
h)       VENEZUELA
1.       VENEZUELA INVESTMENT FUND
PR-JAM-19-260 CULTURAL & SPORTING PROJECTS	US	2,415,202	147,389,393

22

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
i)        FRANCE
1.       BANQUE FRANCAISE DU COMMERCE EXTERIEUR
1991/92 PARIS CLUB RESCHEDULING	EURO	133,160	9,913,975
1991/92 PARIS CLUB RESCHEDULING	EURO	931,698	69,366,407
1992/95 PARIS CLUB RESCHEDULING	EURO	728,192	54,215,060
1992/95 PARIS CLUB RESCHEDULING	EURO	1,730,712	128,854,278
TOTAL - BANQUE FRANCAISE DU COMMERCE EXTERIEUR		3,523,762	262,349,719
2.       FRENCH CREDITS - COFACE GUARANTEED
1991/92 PARIS CLUB RESCHEDULING	EURO	506,212	37,688,293
1992/95 PARIS CLUB RESCHEDULING	EURO	1,027,747	76,517,409
TOTAL - FRENCH CREDITS - COFACE GUARANTEED		1,533,959	114,205,702
3.       FRENCH TREASURY
210-OA1 & 210-IAI PURCHASE OF GOODS & SERVICES	EURO	570,661	42,486,625
299-OAI PURCHASE OF GOODS & SERVICES	EURO	2,583,538	192,348,538
599-OBI-OCI-OAI-ODI-OEI PURCHASE OF GDS & SERVICES	EURO	927,292	69,038,373
750-OAI PURCHASE OF GOODS & SERVICES	EURO	2,027,230	150,930,517
556-OBI-OCI PURCHASE OF GOODS	EURO	1,192,118	88,755,092
TOTAL - FRENCH TREASURY		7,300,839	543,559,145
j)        IRAQI FUND FOR EXTERNAL DEVELOPMENT
SOUTH MANCHESTER ALUMINA PLANT PROJECT	US	14,710,000	897,688,047
US$10M BALANCE OF PAYMENT	US	5,880,000	358,831,116
TOTAL - IRAQI FUND		20,590,000	1,256,519,163
k)       BELGIUM
1.       GOVT. OF THE KINGDOM OF BELGIUM
PURCHASE OF GOODS AND SERVICES	EURO	557,760	41,526,124
PURCHASE OF TRANSFORMERS	EURO	109,073	8,120,659
UPGRADE LIGHTING AT SANGSTER INT’L AIRPORT	EURO	305,766	22,764,768
MODERNISATION OF KINGSTON MUNICIPALITY	EURO	6,445,232	479,857,835
TOTAL - GOVT. OF THE KINGDOM OF BELGIUM		7,417,831	552,269,386
2.       JONCKHEERE BUS & COACH NV
10 JONCKHEERE/VOLVO BUSES FOR PUBLIC TRANSPORT	EURO	396,630	29,529,738
15 STANDARD CITY BUS SUPERSTRUCTURE # 1099A	EURO	647,699	48,222,227
34 JONCKHEERE BUSES # 1116	EURO	8,063,622	600,349,560
30 VOLVO TRANSIT BUSES # 1124	EURO	7,159,692	533,050,525
30 JONCKHEERE BUSES # 1116	EURO	6,084,173	452,976,415
20 MISTRAIL COACHES ( 1122)	EURO	2,192,807	163,257,990
85 STD CITY BUSES	US	4,376,054	267,051,759
TOTAL - JONCKHEERE BUS & COACH NV		28,920,677	2,094,438,212

23

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
3.       TRANSPORT CONSULTANT
REHABILITION OF LYNDHURST ROAD BUS DEPOT # 1111	US	1,033,246	63,054,560
CONSTRUCTION OF SPANISH TOWN BUS DEPOT # 1115	US	2,934,104	179,055,750
TOTAL - TRANSPORT CONSULTANT		3,967,350	242,110,311
l)        ITALY
1.       SEZIONE ASSIWRAZIONE DEL CREDITO ESPORTAZIONE
1991/92 PARIS CLUB GRIT. RESCH. PRINCIPAL	US	523,124	31,924,008
1992/95 PARIS CLUB RESCHEDULING	US	4,680,802	285,649,219
TOTAL - GOVERNMENT OF THE REPUBLIC OF ITALY		5,203,926	317,573,227
2.       MEDIOCREDITO CENTRALE
REPLACEMENT OF SUBMARINE PIPELINE	US	481,333	29,373,683
WATER WORKS PROJECT (4.358)	EURO	1,012,640	75,392,668
GOODS & SERVICES FOR HYDRO PROJECT (4.865)	EURO	1,317,954	98,123,784
COMPLETION OF BUSTAMANTE CHILDREN’S HOSPITAL	US	7,237,800	441,691,811
ITALIAN LINE OF CREDIT 97.803)	US	2,081,006	126,994,848
1991/1992 RESCHEDULING	US	591,356	36,087,914
1992/1995 RESCHEDULING	US	1,539,875	93,971,950
TOTAL - MEDIOCREDITO CENTRALE		14,261,964	901,636,658
m)     NORWAY
GOVERNMENT OF THE KINGDOM OF NORWAY
BA6-AM NORWAY 91/92 RESCHEDULING	US	323,413	19,736,505
BA6-AM NORWAY 91/92 RESCHEDULING	NOK	10,784,672	95,353,756
BA7-AM NORWAY 92/95 RESCHEDULING	US	745,368	45,486,604
BA7-AM NORWAY 92/95 RESCHEDULING	NOK	33,346,313	294,834,761
TOTAL - GOVERNMENT OF THE KINGDOM OF NORWAY		45,199,766	455,411,626
n)       KUWAIT
KUWAIT FUND FOR ARAB ECONOMIC DEVELOPMENT
BUSHY PARK SANDY BAY ROAD PROJECT	KWD	4,900,000	1,008,716,940
ROADS REHABILITATION PROJECT	KWD	742,849	152,923,341
TOTAL - KUWAIT		5,642,849	1,161,640,281
o)       BRAZIL
AGENCIA ESPECIAL DE FINANCIAMENTO IND.
PURCHASE OF 93 BUSES FROM FINAME	US	3,844,727	234,627,156
PURCHASE OF 52 VOLVO BUSES	US	4,402,292	268,652,951
PURCHASE OF 56 VOLVO BUSES	US	3,653,801	268,652,951
TOTAL - BRAZIL		11,900,820	771,933,058
TOTAL FOREIGN GOVERNMENT & GOVERNMENT AGENCIES			56,923,827,861

24

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA$ EQUIVALENT
III INTERNATIONAL & MULTILATERAL INSTITUTIONS
a)       INTER-AMERICAN DEVELOPMENT BANK
359/SF-JA SELF SUPPORTING FARMER DEV. PROGRAM	US	790,946	48,268,033
376/SF-JA CONSTRUCTION OF PARISH COUNCIL ROADS	US	2,310,000	140,969,367
444-0/SF/JA RURAL ELECTRIFICATION PROGRAMME	US	1,231,895	75,177,255
444-0/SF/JA RURAL ELECTRIFICATION PROGRAMME	CAD	463,490	21,620,974
444-0/SF/JA RURAL ELECTRIFICATION PROGRAMME	VEB	221,093	8,357
444-0/SF/JA RURAL ELECTRIFICATION PROGRAMME	EURO	25,210	1,876,925
444-0/SF/JA RURAL ELECTRIFICATION PROGRAMME	UK	43,482	4,850,648
466/SF-JA STUDENTS LOAN FUND	CAN	625,219	29,165,341
466/SF-JA STUDENTS LOAN FUND	US	706,127	43,091,894
451/SF-JA EXPANSION OF WATER SUPPLY SYSTEM	US	1,289,382	78,685,439
451/SF-JA EXPANSION OF WATER SUPPLY SYSTEM	CAD	126,369	5,894,886
451/SF-JA EXPANSION OF WATER SUPPLY SYSTEM	EURO	58,058	4,322,511
451/SF-JA EXPANSION OF WATER SUPPLY SYSTEM	VEB	9,557	361
516/SF SELF SUPPORTING FARMERS DEV. PROGRAMME	US	606,349	37,002,872
516/SF SELF SUPPORTING FARMERS DEV. PROGRAMME	CAD	945,629	44,111,891
516/SF SELF SUPPORTING FARMERS DEV. PROGRAMME	EURO	353,757	26,337,775
538-0-SF/JA DRAINAGE & IRRIGATION PROJECT	US	2,428,448	148,197,739
538-0-SF/JA DRAINAGE & IRRIGATION PROJECT	CAD	464,674	21,676,206
538-0-SF/JA DRAINAGE & IRRIGATION PROJECT	EURO	998,156	74,314,311
512/SF-JA RURAL ELECTRIFICATION PROGRAMME	US	285,720	17,436,263
512/SF-JA RURAL ELECTRIFICATION PROGRAMME	EURO	78,645	4,799,366
512/SF-JA RURAL ELECTRIFICATION PROGRAMME	CAD	328,402	15,319,362
573-0/SF-JA IMPROVEMENT OF WATER SUPPLY SYSTEM	US	2,821,355	172,175,164
573-0/SF-JA IMPROVEMENT OF WATER SUPPLY SYSTEM	EURO	448,455	33,388,192
573-0/SF-JA IMPROVEMENT OF WATER SUPPLY SYSTEM	YEN	117,649,085	67,970,582
581/SF RURAL ELECTRIFICATION PROGRAMME	US	1,448,748	88,410,861
581/SF RURAL ELECTRIFICATION PROGRAMME	CAD	407,137	18,992,208
581/SF RURAL ELECTRIFICATION PROGRAMME	EURO	453,069	33,731,712
581/SF RURAL ELECTRIFICATION PROGRAMME	YEN	47,605,373	27,503,528
580/SF-JA AGRICULTURAL RESEARCH PROJECT	US	2,317,527	141,428,707
580/SF-JA AGRICULTURAL RESEARCH PROJECT	EURO	33,151	2,468,145
580/SF-JA AGRICULTURAL RESEARCH PROJECT	YEN	10,361,197	5,986,078
573-0/SF-JA IMPROVEMENT OF WATER SUPPLY SYSTEM	VEB	628,777	23,768
573-0/SF-JA IMPROVEMENT OF WATER SUPPLY SYSTEM	UK	43,277	4,827,779
573-0/SF-JA IMPROVEMENT OF WATER SUPPLY SYSTEM	CAD	46,704	2,178,658
573-0/SF-JA IMPROVEMENT OF WATER SUPPLY SYSTEM	DKK	428,036	4,281,473
588/SF-JA PARISH MARKET PROGRAMME	US	2,452,316	149,654,301
588/SF-JA PARISH MARKET PROGRAMME	CAD	32,673	1,524,137
588/SF-JA PARISH MARKET PROGRAMME	EURO	289,586	21,560,141
638/SF-JA HYDROCARBON EXPLORATION PROJECT	US	5,644,285	344,446,443
638/SF-JA HYDROCARBON EXPLORATION PROJECT	CAD	1,111,637	51,855,865
638/SF-JA HYDROCARBON EXPLORATION PROJECT	DKK	7,682,751	76,847,485
638/SF-JA HYDROCARBON EXPLORATION PROJECT	EURO	2,125,002	158,209,799
638/SF-JA HYDROCARBON EXPLORATION PROJECT	YEN	111,354,152	64,333,748
638/SF-JA HYDROCARBON EXPLORATION PROJECT	CHF	372,583	2,994,375
714/SF-JA AGRICULTURAL DEVELOPMENT PROGRAMME	US	3,323,518	202,820,012
714/SF-JA AGRICULTURAL DEVELOPMENT PROGRAMME	VEB	7,311,855	276,388

25

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA $ EQUIVALENT
714/SF-JA AGRICULTURAL DEVELOPMENT PROGRAMME	EURO	281,892	20,987,310
714/SF-JA AGRICULTURAL DEVELOPMENT PROGRAMME	UK	225,369	25,141,106
714/SF-JA AGRICULTURAL DEVELOPMENT PROGRAMME	YEN	130,386,858	75,329,703
765/SF-JA IMPROVEMENT & MAINT. RURAL ROADS	US	4,985,959	304,271,638
765/SF-JA IMPROVEMENT & MAINT. RURAL ROADS	UK	416,602	46,474,161
765/SF-JA IMPROVEMENT & MAINT. RURAL ROADS	VEB	12,256,836	463,308
765/SF-JA IMPROVEMENT & MAINT. RURAL ROADS	EURO	314,533	23,417,485
765/SF-JA IMPROVEMENT & MAINT. RURAL ROADS	CAD	795,967	37,130,428
765/SF-JA IMPROVEMENT & MAINT. RURAL ROADS	NOK	904,866	8,000,463
765/SF-JA IMPROVEMENT & MAINT. RURAL ROADS	US	1,537,391	93,820,362
787/SF-JA WEST KINGSTON RE-DEVELOPMENT PROJECT	VEB	3,007,023	113,665
787/SF-JA WEST KINGSTON RE-DEVELOPMENT PROJECT	YEN	8,651,245	4,998,170
787/SF-JA WEST KINGSTON RE-DEVELOPMENT PROJECT	EURO	26,709	1,988,528
787/SF-JA WEST KINGSTON RE-DEVELOPMENT PROJECT	CAD	82,268	3,837,654
448/OC-JA IMPROVEMENT OF PRIMARY EDUCATION	UAO	7,452,834	721,364,275
198/OC-JA WEST KINGSTON REDEVELOPMENT PROJECT	UAO	2,894,143	280,125,837
212/IC-JA GLOBAL AGRICULTURAL CREDIT PROGRAMME	UAO	1,881,459	182,107,545
522/OC-JA TOWNSHIP DEVELOPMENT PROGRAMME STG 2	UAO	5,639,581	545,858,429
523/OC-JA TOWNSHIP DEVELOPMENT PROGRAMME STG 2	UAO	2,615,739	253,178,947
519/OC-JA LAND TITLING PROJECT	UAO	3,168,853	306,715,183
611/OC-JA LAND TITLING PROJECT	UAO	15,761,686	1,525,583,045
579/OC-JA HEALTH SERVICES PROJECT	UAO	39,128,375	3,787,258,893
582/OC-JA RURAL ROADS REHAB IMPROVEMENT/MAINT.	UAO	9,732,964	942,059,425
581/OC-JA RURAL ROADS REHAB MAINTENANCE	UAO	502,795	48,665,830
630/OC-JA TRADE, FINANCE, INVESTMENT SECTOR PROG.	UAO	25,468,381	2,465,099,878
654/OC-JA RURAL TOWNSHIP DEVELOPMENT PROG. 3	UAO	3,982,709	385,488,794
655/OC-JA RURAL TOWNSHIP DEVELOPMENT PROG. 3	UAO	13,832,662	1,338,871,655
1283/OC-JA AGRICULTURAL SUPPORT SERVICES PROJECT	UAO	3,466,088	335,484,737
697/OC-JA PRIMARY EDUCATION IMPROVEMENT PROG. 2	UAO	14,001,701	1,355,233,041
738/OC-JA PRIVATE SECTOR ENERGY DEVELOPMENT PROG	UOA	24,357,874	2,357,613,239
605/OC-JA ELECTRICITY REHAB. & IMPROVEMENT	UOA	32,367,532	3,132,872,843
1344/OC-CITIZEN, SECURITY & JUSTICE	US	1,336,603	81,567,134
1197/OC-JA PARISH INFRASTRUCTURE	US	779,651	47,578,748
1264/OC-JA PRIMARY EDUCATION	US	3,485,901	212,729,549
1360/OC-JA RURAL WATER	US	523,539	31,949,334
1219/OC-JA LAND ADMINISTRATION	US	1,776,176	108,392,384
835/OC-JA MULTISECTORAL PREINVESTMENT PROGRAM	US	5,782,834	352,901,493
887/OC-JA AIRPORT REFORM & IMPROVEMENT PROGRAM	US	23,477,420	1,432,725,990
1005/OC-JA JAMAICA SOCIAL INVESTMENT FUND	US	9,033,062	551,248,932
1028/OC-JA HEALTH SECTOR REFORM PROGRAM	US	5,765,682	351,854,780
972/OC-JA NORTHERN COASTAL HIGHWAY PROJECT	US	32,352,719	1,974,347,324
1210/OC-JA PUBLIC SECTOR 2000 REMEDIATION PROJECT	US	3,600,536	219,725,230
1268/OC-JA FINANCIAL SECTOR REFORM PROGRAM	US	150,000,000	9,153,855,000
1185/OC-JA SOLID WASTE MANAGEMENT PROGRAM	US	2,891,301	176,443,667
1419/OC-JA EMERGENCY RECONSTRUCTION	US	6,368,866	388,664,506
1355/OC-JA SOCIAL SAFETY NET	US	29,746,000	1,815,270,472
721/SF-JA RURAL TOWNSHIP	US	39,000	2,380,002
731/OC-JA PRIMARY EDUCATION	US	641,321	39,137,063

26

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA $ EQUIVALENT
812/SF-JA LAND TITLING PROJECT	US	1,247,112	76,105,883
1363/OC-JA -NATIONAL ROAD IMPROVEMENT	US	1,283,859	78,348,394
1365/OC-JA -KINGSTON WATER & SANITATION	US	351,533	21,452,547
TOTAL - INTER-AMERICAN DEVELOPMENT BANK		991,394,866	40,032,207,449
b)       CARIBBEAN DEVELOPMENT BANK
01/OR-JAM -MORTGAGE FINANCE	JAM	201,158	201,158
04/SFR-JAM -SECOND WATER PROJECT	US	2,459,792	150,110,529
05/SFR-OR-JAM REHAB. HURRICANE DAM.	US	9,912,586	604,922,499
05/SFR-OR-JAM ROAD MAINTENANCE	US	100,000	6,102,570
06/SFR JAM -ROAD IMPROVEMENT	US	1,914,486	116,832,848
06/SFR-OR-JAM -AGRICULTURAL CREDIT	EURO	11,164	831,178
06/SFR-OR-JAM -AGRICULTURAL CREDIT	US	511,969	31,243,267
06/SFR-R WISCO JAMAICA	EURO	1,163,143	86,597,857
08/SFR-OR-JAM -RURAL ELECTRIFICATION	US	7,628,835	465,554,996
08/SFR-OR-JAM -RURAL ELECTRIFICATION	CAD	43,309	2,020,287
08/SFR-OR-JAM - AGRICULTURAL LINE OF CREDIT	US	2,003,423	122,260,291
08/SFR-OR-JAM - AGRICULTURAL LINE OF CREDIT	EURO	293,800	21,873,880
08/SFR-OR-JAM - AGRICULTURAL LINE OF CREDIT	CAD	233,333	10,884,564
09/SFR-JAM - INST.STRENG.MARITIME	US	683,386	41,704,109
09/SFR-JAM - INST.STRENG.MARITIME	EURO	44,806	3,335,878
10/OR-JAM - SEC.CRUISE SHIP PIER	US	66,205	4,040,206
10/SFR-JAM - UTECH CENTRE	US	2,584,051	157,693,521
10/SFR-OR-JAM -SOCIAL INVESTMENT FUND	US	13,141,951	801,996,759
11/SFR-OR-JAM -CITRUS REPLANTING	US	1,068,829	65,226,038
11/SFR-JAM -ENGINEERING DESIGNS IRRIG.	US	1,035,022	63,162,942
12/SFR-JAM -REGIONAL TOURISM EMERGENCY	US	774,583	47,269,470
12/SFR-OR-JAM -FINANCIAL SECTOR REFORM	US	26,347,517	1,607,875,668
13/OR-JAM -INDUSTRIAL LINE OF CREDIT	US	1,584,041	96,667,211
13/OR-JAM -INDUSTRIAL LINE OF CREDIT	UK	65,322	7,287,015
13/OR-JAM -INDUSTRIAL LINE OF CREDIT	EURO	398,421	29,663,081
13/OR-JAM -INDUSTRIAL LINE OF CREDIT	CAD	191,667	8,940,921
13/SR-OR-JAM -ENHANCEMENT OF BASIC SCHOOL	US	246,266	15,028,555
14/OR-JAM -3RD-AGR.LINE CRDT.	US	1,731,751	105,681,317
14/OR-JAM -3RD-AGR.LINE CRDT.	UK	26,369	2,941,602
14/OR-JAM -3RD-AGR.LINE CRDT.	EURO	284,841	21,206,868
14/OR-JAM -3RD-AGR.LINE CRDT.	CAD	108,000	5,038,006
14/SFR-OR-JAM -IRRIGATION DEV.PROJ	US	673,772	41,117,408
15/OR-JAM -3RD-AGR.LINE CRDT.	US	4,684,135	285,852,617
15/OR-JAM -3RD-AGR.LINE CRDT.	UK	100,795	11,244,216
14/OR-JAM -3RD-AGR.LINE CRDT.	EURO	7,616	567,023
15/SFR-OR-JAM -REHAB. OF FLOOD DAMAGE	US	14,410,524	879,412,314
17/OR-JAM -FOURTH LINE OF CREDIT	US	3,712,801	226,576,280
17/OR-JAM -FOURTH LINE OF CREDIT	EURO	116,661	8,685,598
17/OR-JAM -FOURTH LINE OF CREDIT	CAD	282,981	13,200,554
18/OR-JAM -INDUSTRIAL CREDIT	US	4,788,086	292,196,300

27

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA $ EQUIVALENT
21/OR-JAM -MONTEGO BAY EXPANSION	US	203,686	12,430,081
24/OR-JAM -SUGAR INDUST. SUPPORT	US	14,734,112	899,159,469
DEMAND NOTE	JAM	1,858,332	113,406,011
TOTAL -CARIBBEAN DEVELOPMENT BANK		122,433,527	7,488,042,964
c)       INT’L BANK FOR RECONSTRUCTION & DEVELOPMENT
2849-0-JM PUBLIC ENTERPRISES SECTOR ADJUSTMENT	US EQ	750,000	45,769,275
2848-JM TRADE & FINANCIAL SECTOR ADJUSTMENT	US EQ	1,500,000	91,538,550
2851-JM POPULATION & HEALTH PROJECT	US EQ	130,138	7,941,763
2899-JM EDUCATION PROGRAMME & STUDENT LOAN	US EQ	486,009	29,659,039
3012-JM EMERGENCY RECONSTRUCTION IMPORT LOAN	US EQ	5,000,000	305,128,500
3111-JM SOCIAL SECTORS DEVELOPMENT PROJECT	US EQ	6,250,000	381,410,625
3062-JM CLARENDON ALUMINA PRODUCTION PROJECT	US EQ	1,871,687	114,221,009
3174-JM AGRICULTURAL SECTOR ADJUSTMENT LOAN	US EQ	7,320,000	446,708,124
3275-JM ROAD INFRASTRUCTURE PLANNING & MAINT.	US EQ	11,640,000	710,339,148
3303-JM SECOND TRADE & FINANCIAL SECTOR ADJUST.	US EQ	11,250,000	686,539,125
3386-JM FINANCIAL IMPROVEMENT PROGRAMME	US EQ	3,645,281	222,455,825
3502 JM ENERGY DEREGULATION & PRIVATISATION	US EQ	7,159,600	436,919,602
3622-JM PRIVATE SECTOR DEVELOPMENT ADJUSTMENT	US EQ	40,625,000	2,479,169,063
3580-JM REFORM OF SECONDARY EDUCATION ROSE	US EQ	5,601,909	341,860,418
3758-JM TAX ADMINISTRATION REFORM PROJECT	US EQ	2,051,178	125,174,573
3720-JM PRIVATE INVESTMENT & EXPORT DEV. PROJECT	US	12,613,086	769,722,402
3944-JM GENERATION RECOVERY & IMPROVEMENT PROJ.	US	4,781,673	291,804,942
4070-JM STUDENT’S LOAN PROJECT 28.5M	US	22,550,000	1,376,129,535
4083-JM PUBLIC SECTOR MODERNIZATION	US	19,921,282	1,215,710,179
4088-JM SOCIAL INVESTMENT FUND PROJECT	US	15,375,606	938,307,119
7036-JM DEBT MANAGEMENT PROGRAM	US	75,000,000	4,576,927,500
3386A-JM FINANCIAL IMPROVEMENT PROGRAMME	US	649,708	39,648,885
3502A-JM SCL ENERGY SECTOR DEREGULATION PROJECT	US	19,375,663	1,182,413,398
3758A-JM SINGLE CURRENCY LOAN TAX ADMNISTRATION	US	6,198,671	378,278,237
3580A-JM REFORM OF SECONDARY EDUCATION	US	9,773,696	596,446,640
7095-JM EMERGENCY ECONOMIC REHAB.	US	75,000,000	4,576,927,500
7076-JM SOCIAL SAFET NET	US	2,304,182	140,614,319
7148-JM NATIONAL COMMUNITY DEVELOPMENT	US	650,000	39,666,705
7112-JM HIV/AIDS PROJECT	US	1,040,701	63,509,507
7150-JM DEBT MANAGEMENT	US	75,000,000	4,576,927,500
TOTAL - INT’L BANK FOR RECONSTRUCTION & DEV.		445,515,070	27,187,869,007
d)       INT’L FUND FOR AGRICULTURAL DEVELOPMENT
217-JA HILLSIDE FARMERS SUPPORT PROJECT	XDR	189,327	16,599,245
e)       OPEC FUND FOR INT’L DEVELOPMENT
469-P HOUSING EMERGENCY REHAB. PROJECT	US	532,300	32,483,980
525-P RURAL ROADS REHAB. PROJECT	US	1,266,720	77,302,475
586-P PRIMARY EDUCATION IMPROVEMENT PROJ. II	US	1,750,040	106,797,416
685-P JAMAICA SOCIAL INVESTMENT FUND PROJECT	US	1,666,680	101,710,314
645-P BUSHY PARK/SANDY BAY ROAD PROJECT	US	2,624,999	160,192,401
795-P PARISH INFRASTRUCTURE DEV.	US	671,838	40,999,384
TOTAL - OPEC FUND FOR INT’L DEVELOPMENT		8,512,577	519,485,970

28

2004/2005 JAMAICA BUDGET

STATEMENT VIII

STATEMENT OF OUTSTANDING PUBLIC DEBT

AS AT MARCH 31, 2004

	CURRENCY	BALANCE OUTSTANDING	JA $ EQUIVALENT
f)       EUROPEAN ECONOMIC COMMUNITY COMMISSION
LN #8.0006 2000 ACRES BANANA PLANT	EURO	1,324,337	98,599,009
LN #8.0008 SUPPLY OF EQUIP FOR MICRODAMS & IRRIGAT.	EURO	1,235,918	92,016,073
LN #7.0307 ENHANCEMENT OF SHARE CAPITAL OF NDB JA.	EURO	1,254,000	93,362,306
LN #8.0163 RURAL ELECTRIFICATION	EURO	1,795,510	133,678,592
LN #8.0347 SANGSTERS AIRPORT MAIN TERMINAL	EURO	6,586,670	490,388,120
LN #8.0371 CAST & CTC STUDENT ACCOMODATION	EURO	1,221,523	90,944,342
LN #8.0383 NEGRIL OCHO-RIOS WASTE WATER PROJECT	EURO	22,623,049	1,684,322,195
LN #8.0388 CREDIT SCH. FOR MICRO & SMALL ENTERPRISES	EURO	6,100,000	454,154,760
LN #8.0395 MORANT/YALLAHS AGRICULTURAL DEV. PROJ.	EURO	1,322,803	98,484,800
LN #8.0032 JECIC	EURO	537,400	40,010,290
TOTAL-EUROPEAN ECONOMIC COMMUNITY COMMISSION		44,001,210	3,275,960,486
g)       EUROPEAN INVESTMENT BANK
1.6530 JPS POWER TRANSMISSION PROJECT	UK	1,141,230	127,310,255
1.6530 JPS POWER TRANSMISSION PROJECT	YEN	28,606,000	16,526,830
1.6530 JPS POWER TRANSMISSION PROJECT	US	2,572,991	157,018,577
TOTAL - EUROPEAN INVESTMENT BANK			300,855,662
h)       NORDIC DEVELOPMENT FUND
NDF #81 PRIMARY EDUCATION IMPROVEMENT PROG.	XDR	1,960,000	171,843,000
NDF #120 MULTI-SECTORAL PRE-INVESTMENT PROJECT	XDR	1,840,101	161,330,855
NDF #165 AIRPORT REFORM & IMPROVEMENT PROGRAM	XDR	1,417,369	124,267,827
TOTAL - NORDIC DEVELOPMENT FUND		5,217,470	457,441,682
TOTAL INTERNATIONAL & MULTINATIONAL INSTITUTIONS			79,278,462,467
TOTAL EXTERNAL DEBT			262,286,586,496
GRAND TOTAL FOREIGN & LOCAL			679,857,894,674

29

ESTIMATES, JAMAICA 2004-05

STATEMENT IX

Summary of Revenue Estimates and Estimates of Expenditure for the Year 2004-05

$’000

Recurrent

Revenue		Expenditure
	Estimates, 2004/05		Estimates, 2004/05
Taxation Revenue
Customs	14,008,000	His Excellency the Governor General and Staff	50,010
General Consumption Tax	42,532,500	Houses of Parliament	362,631
Special Consumption Tax	14,233,400	Office of the Public Defender	35,785
Income Tax	66,066,100	Office of the Contractor General	72,544
Land and Property Tax	0	Auditor General	157,492
Stamp Duties	6,847,100	Office of the Services Commissions	86,697
Motor Vehicle Licences	1,244,800	Office of the Prime Minister and Department	588,162
Other Licences	197,500	Office of the Cabinet	558,638
Travel Tax	1,549,000	Ministry of Industry & Tourism	1,851,280
Betting, Gaming and Lotteries	1,607,200	Ministry of Finance & Planning	110,809,820
Education Tax	6,592,900	Ministry of National Security	14,987,481
Contractors Levy	564,100	Ministry of Justice	1,835,443
Environmental Levy	192,200	Ministry of Foreign Affairs and Foreign Trade	1,227,490
		Ministry of Labour and Social Security	1,114,755
Subtotal Taxation	155,634,800	Ministry of Education, Youth and Culture	29,560,000
		Ministry of Health and Departments	15,032,970
		Ministry of Agriculture	1,355,004
		Ministry of Commerce, Science & Technology	1,844,866
Non Tax Revenue		(Formerly Ministry of Industry, Commerce & Tech.)
Post Office	848,700	Ministry of Land and Environment	1,129,121
Interest	424,518	Ministry of Water & Housing.	562,308
Departmental and Other Miscellaneous Rev.	8,515,374	Ministry of Transport and Works	1,687,129
		Ministry of Local Govt., Youth & Community Dev.	4,314,927
Subtotal Non-Tax Revenue	9,788,592	Gross Total	189,224,553
Transfers from Capital Dev. Fund	2,354,700	Less Appropriations-In-Aid	(1,673,285	)
Total Recurrent Revenue	167,778,092	Net Total	187,551,268

30

ESTIMATES, JAMAICA 2004-05

STATEMENT IX

Summary of Revenue Estimates and Estimates of Expenditure for the Year 2004-05

$’000

Capital

Revenue		Expenditure
Capital Revenue		Office of the Prime Minister	14,000
Royalties	773,594	Office of the Cabinet	455,100
Loan Repayments	561,269	Ministry of Industry & Tourism	87,500
Extraordinary Receipts	6,595,036	Ministry of Finance & Planning	133,149,184
Land Sales	15,900	Ministry of National Security	210,000
		Ministry of Justice	116,200
Subtotal Capital Revenue	7,945,800	Ministry of Labour, Social Secrity	1,100,000
		Ministry of Education and Culture	653,600
1. External Loans		Ministry of Health	587,300
(A) Multilateral		Ministry of Agriculture	362,700
International Bank for Reconstruction and Development	850,000	Ministry of Commerce, Science & Technology	110,000
Inter-American Development Bank	970,600	(Formerly Ministry of Industry, commerce & Technology
World Bank/IDB	0	Ministry of Land and Environment	322,150
Caribbean Development Bank	184,000	Ministry of Water & Housing.	632,400
European Union	23,000	Ministry of Transport and Works	2,342,000
		Ministry of Local Government, Youth & Community Dev.	460,000
		Gross Total	140,602,134
Other
		Less Appropriations-In-Aid	0
Total (A) Multilateral	2,027,600
		Net Total	140,602,134
(B) Bilateral
JBIC	137,400
Germany
VIF	0
Netherlands
Kuwait	40,000
Britain
Total (B) Bilateral	177,400
(C) Capital Market	28,525,500
Total External Loans	30,730,500
(E) Local Registered Stock & Debentures	121,699,400
(F) Other	0
Total Domestic Loans	121,699,400
GRAND TOTAL EXTERNAL AND DOMESTIC LOANS	152,429,900

31

ESTIMATES, JAMAICA 2004-05

STATEMENT IX

Summary of Revenue Estimates and Estimates of Expenditure for the Year 2004-05

$’000

SUMMARY

Revenue		Expenditure
Tax and Non Tax Revenue	165,423,392	Recurrent Estimates	187,551,268
Capital Revenue	7,945,800	Capital Estimates	140,602,134
Transfer from the Capital Dev. Fund	2,354,700	Grand Total	328,153,402
Loan Funds (Raised and to be raised)	152,429,900
Total Receipts	328,153,792

32

ESTIMATES, JAMAICA 2004-05

STATEMENT IX

Summary of the Financing of the Estimates of Expenditure for the Year 2004-05

Recurrent Revenue			Recurrent Expenditure
Taxation Revenue	155,634,800		Consolidated Fund Charges	100,629,352
Non-Tax Revenue	9,788,592		Voted Expenditure	86,921,916
Transfer from the Capital			Current Account Surplus	(19,773,176	)
Development Fund	2,354,700
Total	167,778,092		Total	167,778,092
Current Account Surplus	(19,773,176	)
Capital Revenue	7,945,800
Loan Funds			Capital Expenditure
(a) External Loans
(i) Multilateral	2,027,600		Consolidated Fund Charges	132,140,784
(ii) Bilateral	177,400		Voted Expenditure	8,461,350
(iii) Other	28,525,500		Surplus	390
	30,730,500
(b) Domestic Loans	121,699,400
Total Loan Funds	152,429,900
Total	140,602,524		Total	140,602,524

33

2004-2005 Jamaica Budget

Statement XI

Statement of Consolidated Fund Charges

	Head of Estimates	Particulars of Service	Amount $’000	Statutory Authority
0100	His Excellency the Governor General and Staff	Emoluments of the Governor General and his personal staff as well as general expenditure affiliated to the office of the Governor General.	35,476.0	Section 12 of the Governor General (Expenditure, Personal Staff, Tax Exemptions and Pensions) Act.
0200	Houses of Parliament	Salaries and Allowances of the Clerk and Deputy Clerk of the Senate and the House of Representatives.	6,283.0	Section 47 (8) of the Constitution of Jamaica.
0300	Office of the Public Defender (formerly Office of the Parliamentary Ombudsman)	Salary and Allowances of the Public Defender.	5,004.0	Section 9 of the Public Defender Interim Act 33/1999
0400	Office of the Contractor General	Salary and Allowances of the Contractor General.	4,407.0	Section 11 (1) and (3) of the Contractor General Act, (Act 15 of 1983).
0500	Audit	Salary of the Auditor General	4,116.0	Section 120 – 122 of the Constitution of Jamaica; Section 25 – 36 of the Financial Administration and Audit Act.
0600	Office of the Services Commissions	Salaries and Allowances of the Chairman and members of the Public Service Commissions.	1,462.0	Section 124 (8) of the Constitution of Jamaica.
2018	Public Debt Charges	Payment of interest, service charges and commitment fees in respect of the public debt of Jamaica.	96,300,870.0	Section 119 of the Constitution of Jamaica.
2019	Pensions	Public Officers Pensions, gratuities and monthly allowances granted in pursuance of the provisions of the Pensions Act.	2,180,000.0	Section 4 of the Pensions Act.

34

2004-2005 Jamaica Budget

Statement XI

Statement of Consolidated Fund Charges

Head of Estimates	Particulars of Service	Amount $’000	Statutory Authority
	Jamaica Defence Force Pension	120,000.0	Defence (Retired, Pay Pensions and other Grants) Regulation, 1962
	Local Forces Pension	10.0	Local Forces Act
	National Heroes Widows’ Pensions	7.0	National Heroes (Widows’ Pensions) Act, 1974 (Act 11 of 1974).
	Payment of Pensions and gratuities to Teachers in accordance with the Pensions Act	1,000,000.0	The Pensions (Teachers) Act.
	Refund of Contributions by Police Sub-Officers and Men	35.0	Constabulary Force Act
	Payment of Pensions, Gratuities or other allowances to sub-officers and constables of the Police Force in accordance with the Constabulary Force Act.	630,000.0	Section 59 of the Constabulary Force Act.
	Special Constabulary Pensions and Gratuities	100,000.0	Constables (Special) Act
	Refund of Contribution by Men of the Special Constabulary	4.0	Constables (Special) Act
	Payment of retiring allowances, Widows’ allowances or gratuity to legislators in accordance with the provisions of the Retiring Allowance (Legislative Service) Act, and/or The Pensions (Prime Minister) Act.	64000.0	Section 12 of the Retiring Allowances (Legislative Service) Act and Section 7 of the Pensions (Prime Minister) Act.

35

2004-2005 Jamaica Budget

Statement XI

Statement of Consolidated Fund Charges

	Head of Estimates	Particulars of Service	Amount $’000	Statutory Authority
		Payment of Pensions in accordance with the Provisions of the Pensions (Civil Service Family Benefits) Act.	15,700.0	The Pensions (Civil Service Family Benefits) Act.
				Section 10 of the Pensions (Civil Service Family Benefits) Act.
		Payment of Pensions to the retired Ombudsmen and their widows.	3,070.0	The Ombudsman Act
		Payment of Pensions to the retired Contractor General and his widow in accordance with the Contractor General Act.	2,000.0	The Contractor General Act
		JAS Pensions	6,696.0	Provident Fund Act
		Payment of Pensions to the former employees, Jamaica Railway Corporation.	51,000.0	Jamaica Railway Corporation (Pensions) Regulations
		Total Pensions	4,172,522.0
2823	Court of Appeal	Payment of Salaries to the judges of the Court of Appeal	28,500.0	Section 107 (1) of the Constitution of Jamaica
2825	Director of Public Prosecutions	Payment of Salary to the Director of Public Prosecutions	3,510.0	Section 95 (2) of the Constitution of Jamaica
2829	Supreme Court	Payment of Salaries to the judges of the Supreme Court	67,200.0	Section 101 (2) of the Constitution of Jamaica
6300	Ministry of Water and Housing	Payment into the funds of the Black River Drainage and Irrigation Board.	2.0	Section 18 of the Black River (Upper Morass) Reclamation Law, Cap 43 of the 1973 Revised Laws of Jamaica
		Total Recurrent	100,629,352.0

36

2004-2005 Jamaica Budget

Statement XI

Statement of Consolidated Fund Charges

	Head of Estimates	Particulars of Service	Amount $’000	Statutory Authority
2000A	Ministry of Finance and Planning	II. Capital
		Internal Debt	102,135,356.0	}
				}Section 119 of the
		External Debt	30,005,428.0	}Constitution of Jamaica
		Total Capital	132,140,784.0
		Grand Total Recurrent and Capital	232,770,136.0

37

2004-2005 JAMAICA BUDGET

STATEMENT XII

INSTITUTIONAL PROJECTS AND PROGRAMMES

(Statement Showing the Works to which Institutional Loans are Applied)

$’000

Service	Head of Estimates (Activity shown in brackets)			Revised Estimates 2003-2004 $’000	Estimates 2004-2005 $’000
					Government of Jamaica	External	Total
Agriculture
Eastern Jamaica Agricultural Support Project	5100B	(9212	)	1,000.0	1,500.0	3,000.0	4,500.0
Citrus Replanting Project	5100B	(9217	)	10,500.0	12,000.0	14,500.0	26,500.0
National Irrigation Plan (CDB)	6300B	(9213	)	10,610.0	45,000.0	55,000.0	100,000.0
Trees for Tomorrow (CIDA)	5100B	(9021	)	5,980.0	6,000.0	25,200.0	31,200.0
Land Administration and Management Programme (IDB)	5800B	(9192	)	41,000.0	26,719.0	70,281.0	97,000.0
Agricultural Support Services Project	5100B	(9218	)	29,400.0	32,500.0	40,000.0	72,500.0
Eradication of New World Screwworm Project (International Atomic Energy Agency)	5100B	(9196	)	177,606.0	125,000.0	—	125,000.0
CARICOM Fisheries Resource Assessment and Management Programme (CIDA/ICOD)	5100B	(9011	)	6,700.0	—	—	—
Sustainable Fisheries Management	5100B	(9267	)	600.0	2,000.0	1,000.0	3,000.0
Total Agriculture				283,396.0	250,719.0	208,981.0	459,700.0
Education
Primary Education Support Project (IDB)	4100B	(9220	)	138,027.0	25,674.0	221,426.0	247,100.0
Technical/Vocational Education and Training Improvement Project (JICA)	4100B	(9191	)	8,086.0	—	—	—
Reform of Secondary Education - ROSE (IBRD)	4100B	(9106	)	5,833.0	10.0	—	10.0
Enhancement of Basic Schools (CDB)	4100B	(9232	)	12,686.0	19,678.0	37,322.0	57,000.0
New Horizons for Primary Schools (USAID)	4100B	(9199	)	15,230.0	17,100.0	29,800.0	46,900.0
Reform of Secondary Education Project - ROSE (Phase 2) IBRD	4100B	(9231	)	39,530.0	38,563.0	93,227.0	131,790.0
Improvement and Expansion of Primary Education Phase II (IADB)	4100B	(9039	)	462.0	—	—	—
Total Education				219,854.0	101,025.0	381,775.0	482,800.0
Health
Health Sector Reform Programme (IDB)	4200B	(9198	)	36,620.0	10,300.0	15,000.0	25,300.0
HIV/AIDS Treatment, Prevention and Control Programme in Jamaica (Global Fund)	4200B	(9285	)	—	—	194,000.0	194,000.0
Health Services Rationalization Project (IDB)	4200B	(9054	)	10.0	—	—	—
AIDS Prevention and Management	4200B	(9221	)	6,000.0	—	—	—
Policy Advocacy Special Care and Protection	4200B	(9183	)	3,200.0	5,000.0	—	5,000.0
AIDS/STD (USAID)	4200B	(9058	)	5,000.0	6,000.0	48,000.0	54,000.0
Enhanced Caribbean Response to HIV/AIDS (USAID)	4200B	(9286	)	—	8,000.0	32,100.0	40,100.0
Improved Reproductive Health of Youth	4200B	(9215	)	5,000.0	7,000.0	60,000.0	67,000.0
Social Sector Development Project (IBRD/UNDP)	4100B	(9037	)	10.0	—	—	—
Jamaica HIV/AIDS Prevention and Control Project (IBRD)	4200B	(9226	)	35,369.0	13,900.0	125,000.0	138,900.0
HIV/STD Control Project in Jamaica (Germany)	4200B	(9156	)	1,000.0	—	—	—
Health Sector Initiative Project (USAID)	4200B	(9048	)	10.0	—	—	—
Integrated Drug Abuse Prevention Project	4200B	(9222	)	1,000.0	3,000.0	—	3,000.0
Public Health Laboratory (EEC/EDF)	4200B	(9059	)	1,500.0	4,000.0	—	4,000.0
Total Health				94,719.0	57,200.0	474,100.0	531,300.0
Transport and Communication
Flood Damage Rehabilitation Project (May/June Floods) (IDB)	6500B	(9243	)	—	50,000.0	—	50,000.0
Northern Jamaica Development Project (OECF/IADB/EU/GOJ)	5800B	(9031	)	1,900.0	1,000.0	—	1,000.0
Jamaica Highway Maintenance Project (Urban Road Improvement Project) Saudi Fund for Development	6500B	(9227	)	8,000.0	—	—	—
Old Harbour By-Pass Road (OPEC)	6500B	(9168	)	108,223.0	—	—	—
Road Rehabilitation Project (Kuwaiti Fund for Arab Economic Development)	6500B	(9235	)	6,000.0	10,000.0	40,000.0	50,000.0
Road Rehabilitation and Institutional Strengthening (EEC)	6500B	(9149	)	5,030.0	—	—	—

38

2004-2005 JAMAICA BUDGET

STATEMENT XII

INSTITUTIONAL PROJECTS AND PROGRAMMES

(Statement Showing the Works to which Institutional Loans are Applied)

$’000

Service	Head of Estimates (Activity shown in brackets)			Revised Estimates 2003-2004 $’000	Estimates 2004-2005 $’000
					Government of Jamaica	External	Total
National Road Services Improvement Programme and Institutional Strengthening (IDB)	6500B	(9240	)	51,000.0	2,000.0	8,000.0	10,000.0
Northern Jamaica Development Project (OECF/IADB/EU/GOJ)	6500B	(9031	)	750,635.0	300,000.0	1,200,000.0	1,500,000.0
Flood Damage Rehabilitation Project (CDB)	6500B	(9241	)	2,000.0	6,000.0	54,000.0	60,000.0
Airport Reform and Improvement Programme - Norman Manley International Airport (IDB/NDF/JBIC/MIF/GOJ)	6500B	(9186	)	1,000.0	—	—	—
Total Transport and Communication				933,788.0	369,000.0	1,302,000.0	1,671,000.0
Water and Sewerage
Rural Water Supply Project (IDB)	6300B	(9261	)	25,070.0	25,200.0	100,800.0	126,000.0
Kingston Metropolitan Area (KMA) Water Supply Project (OECF)	6300B	(9184	)	5,700.0	46,000.0	137,400.0	183,400.0
Major Rural Water Supply (EEC)	6300B	(9114	)	2,000.0	23,000.0	—	23,000.0
Evaluation of Saline Intrusion on Coastal Carbonate Acquifers on Caribbean Islands (OAS/IACD)	6300B	(9269	)	40.0	—	—	—
Water Resources Master Plan Upgrading (IDB)	6300B	(9268	)	1,600.0	—	—	—
Total Water and Sewerage				34,410.0	94,200.0	238,200.0	332,400.0
Mining and Energy
Rural Electrification Programme	5200B	(9148	)	77,323.0	53,300.0	—	53,300.0
Total Mining and Energy				77,323.0	53,300.0	—	53,300.0
Environment
Environmental Action Plan for Jamaica (CIDA)	5800B	(9161	)	10,000.0	10,000.0	60,000.0	70,000.0
Montreal Protocol for the Phasing out of Ozone Depleting Substances (UNEP)	5800B	(9188	)	1,000.0	1,000.0	2,000.0	3,000.0
Ridge to Reef Watershed Project	5800B	(9216	)	3,000.0	2,100.0	61,100.0	63,200.0
National Biosafety Project	5800B	(9264	)	1,200.0	—	—	—
Environment Management of Kingston Harbour	5800B	(9265	)	1,500.0	3,700.0	18,000.0	21,700.0
Total Environment				16,700.0	16,800.0	141,100.0	157,900.0
Other
Agro Industrial Development Project (OAS/IACD)	5200B	(9279	)	4,300.0	2,100.0	8,600.0	10,700.0
Coastal Water Quality Improvement Project (USAID)	5800B	(9194	)	700.0	1,400.0	25,000.0	26,400.0
National Solid Waste Management Project	7200B	(9201	)	45,300.0	22,500.0	52,500.0	75,000.0
Public Sector Modernization Project (IBRD/Japanese Government)	1600B	(9153	)	39,000.0	—	—	—
Support to Community-Based Disaster Management	5800B	(9266	)	2,207.0	—	—	—
Community Service Enhancement Project	2600B	(9219	)	13,992.0	—	—	—
Citizens Security and Justice Project (IDB)	2800B	(9223	)	8,428.0	3,612.0	12,588.0	16,200.0
Parish Infrastructure Project	7200B	(9173	)	45,000.0	18,000.0	42,000.0	60,000.0
Development of Sport and Recreational Facilities (Venezuela Investment Fund)	1500B	(9145	)	33,000.0	—	—	—
Citizens Security and Justice Project (IDB)	2600B	(9223	)	47,008.0	12,300.0	97,700.0	110,000.0
Public Sector Modernization Programme (IDB, IBRD, DFID, UNDP, CIDA)	1600B	(9263	)	19,726.0	10,001.0	124,245.0	134,246.0
Jamaica Social Investment Fund	2000B	(9178	)	140,000.0	300,000.0	—	300,000.0
Social Safety Net - Programme of Advancement Through Health and Education (PATH) (IBRD)	4000B	(9225	)	479,689.0	472,279.0	627,721.0	1,100,000.0
Strengthening of Jamaica’s National Quality Infrastructure	5200B	(9203	)	1,700.0	500.0	25,000.0	25,500.0
Jamaica Cluster Competitiveness Project (USAID/DFID)	1700B	(9276	)	4,600.0	—	—	—
Flood Damage Rehabilitation	7200B	(637	)	339,000.0	—	165,000.0	165,000.0
Professional Sports Services	7200B	(9260	)	3,000.0	—	—	—

39

2004-2005 JAMAICA BUDGET

STATEMENT XII

INSTITUTIONAL PROJECTS AND PROGRAMMES

(Statement Showing the Works to which Institutional Loans are Applied)

$’000

Service	Head of Estimates (Activity shown in brackets)			Revised Estimates 2003-2004 $’000	Estimates 2004-2005 $’000
					Government of Jamaica	External	Total
Jamaica Social Policy Evaluation Project (JASPEV) DFID	1600B	(9262	)	24,000.0	4,000.0	19,854.0	23,854.0
Information and Communications Technology Project	5200B	(9278	)	50.0	2,500.0	5,000.0	7,500.0
Local Government Reform Project (IBRD)	7200B	(9152	)	19,000.0	—	—	—
Improved Citizen Security and Participation in Democratic Processes (USAID)	2800B	(9236	)	1,000.0	—	—	—
South Coast Sustainable Development Project	1700B	(9230	)	2,100.0	—	—	—
Jamaica Implementation of Quality, Environmental and Food Safety Systems (IDB)	5200B	(9277	)	50.0	1,000.0	12,000.0	13,000.0
Total Other				1,272,850.0	850,192.0	1,217,208.0	2,067,400.0
GRAND Total				2,933,040.0	1,792,436.0	3,963,364.0	5,755,800.0

40

2004-2005 Jamaica Budget

STATEMENT XIII

Functional Classification of Expenditure

For the Year 2004-2005 As Presented to the House of Representatives

(Recurrent)

		Actual Estimates 2002-2003	Approved Estimates 2003-2004	Revised Estimates 2003-2004	Estimates 2004-2005
1	General Government Services
1	Executive and Legislative Services	812,627.0	782,187.0	794,097.0	858,241.0
2	Economic and Fiscal Policies and Management	3,766,301.0	4,091,838.0	4,263,508.0	4,405,467.0
3	Personnel Management	2,067,320.0	1,513,111.0	1,526,188.0	1,848,274.0
4	Foreign Affairs	1,030,784.0	1,020,603.0	1,188,163.0	1,227,490.0
5	Economic Planning and Statistical Services	457,358.0	521,938.0	521,938.0	588,017.0
6	Public Works	248,493.0	233,385.0	295,860.0	254,343.0
7	Other General Government Services	6,889,384.0	6,482,656.0	6,783,647.0	7,780,221.0
	Total General Government Services	15,272,267.0	14,645,718.0	15,373,401.0	16,962,053.0
2	Defence Affairs and Services
	Total Defence Affairs and Services	2,717,378.0	2,992,707.0	3,243,943.0	3,010,579.0
3	Public Order and Safety Services
1	Police	8,634,615.0	8,885,004.0	9,816,153.0	9,697,357.0
2	Justice	1,799,729.0	1,861,478.0	1,685,648.0	1,855,443.0
3	Correctional Services	1,914,890.0	1,871,862.0	1,989,641.0	1,762,968.0
	Total Public Order and Safety Services	12,349,234.0	12,618,344.0	13,491,442.0	13,315,768.0
4	Public Debt Management Services
1	Internal Debt	45,514,826.0	60,460,604.0	73,494,467.0	73,691,721.0
2	External Debt	15,222,992.0	18,751,020.0	17,246,532.0	22,609,149.0
	Total Public Debt Management Services	60,737,818.0	79,211,624.0	90,740,999.0	96,300,870.0
5	Social Security and Welfare Services
	Total Social Security and Welfare Services	1,447,904.0	1,391,876.0	1,359,808.0	1,358,954.0
6	Education Affairs and Services
	Total Education Affairs and Services	21,957,846.0	21,850,774.0	28,204,294.0	28,617,528.0
7	Health Affairs and Services
	Total Health Affairs and Services	11,089,442.0	10,211,206.0	11,630,800.0	14,438,564.0
8	Information and Broadcasting
	Total Information and Broadcasting	246,370.0	273,513.0	281,802.0	288,196.0
9	Housing
	Total Housing	89,068.0	87,717.0	84,394.0	167,782.0
10	Community Amenity Services
1	Community Development	2,104,010.0	2,421,700.0	2,197,228.0	2,447,714.0
2	Water Supply Services	203,751.0	217,374.0	225,803.0	219,630.0
	Total Community Amenity Services	2,307,761.0	2,639,074.0	2,423,031.0	2,667,344.0
11	Art and Culture
	Total Art and Culture	561,531.0	538,026.0	563,955.0	556,069.0
12	Other Social and Community Services
1	Sporting and Recreational Services	101,307.0	95,861.0	90,057.0	100,281.0
3	Youth Development Services	215,086.0	265,262.0	266,734.0	236,223.0
	Total Other Social and Community Services	316,393.0	361,123.0	356,791.0	336,504.0
13	Industry and Commerce
	Total Industry and Commerce	914,162.0	995,108.0	937,610.0	925,778.0
14	Agriculture
	Total Agriculture	2,267,018.0	2,133,991.0	2,322,963.0	2,286,310.0
15	Mining
	Total Mining	137,238.0	112,247.0	112,870.0	117,000.0
16	Energy
	Total Energy	54,138.0	226,213.0	658,627.0	64,991.0
17	Tourism
	Total Tourism	1,929,053.0	1,924,959.0	1,714,024.0	1,767,623.0
18	Roads
	Total Roads	304,406.0	269,162.0	312,083.0	349,612.0

41

2004-2005 Jamaica Budget

STATEMENT XIII

Functional Classification of Expenditure

For the Year 2004-2005 As Presented to the House of Representatives

(Recurrent)

		Actual Estimates 2002-2003	Approved Estimates 2003-2004	Revised Estimates 2003-2004	Estimates 2004-2005
19	Physical Planning and Development
	Total Physical Planning and Development	27,230.0	55,875.0	48,951.0	54,290.0
20	Scientific and Technological Services
	Total Scientific and Technological Services	181,437.0	237,058.0	250,310.0	217,548.0
21	Environmental Protection and Conservation
	Total Environmental Protection and Conservation	278,589.0	275,029.0	332,906.0	305,661.0
22	Labour Relations and Employment Services
	Total Labour Relations and Employment Services	394,822.0	520,619.0	456,407.0	504,628.0
23	Transport and Communication Services
1	Rail Transport	110,690.0	85,294.0	97,526.0	60,531.0
2	Shipping, Ports and Light Houses	128,853.0	192,009.0	198,154.0	194,337.0
3	Road Transport	110,033.0	118,652.0	114,632.0	90,515.0
4	Civil Aviation	315,855.0	461,278.0	475,455.0	533,635.0
5	Postal Services (Formerly Postal and Telecommunication Services)	1,144,898.0	786,235.0	916,500.0	1,019,049.0
	Total Transport and Communication Services	1,810,329.0	1,643,468.0	1,802,267.0	1,898,067.0
25	Local Government Administration
	Total Local Government Administration	1,531,500.0	1,951,331.0	1,541,815.0	1,712,834.0
99	Unallocated
	Total Unallocated	—	6,488,020.0	—	1,000,000.0
	Gross Total	138,922,934.0	163,654,782.0	178,245,493.0	189,224,553.0
	Less Appropriations-in-Aid	924,939.0	1,304,803.0	1,479,509.0	1,673,285.0
	Net Total	137,997,995.0	162,349,979.0	176,765,984.0	187,551,268.0

42

2004-2005 Jamaica Budget

STATEMENT XIII

Functional Classification of Expenditure

For the Year 2004-2005 As Presented to the House of Representatives

(Capital)

		Actual Estimates 2002-2003	Approved Estimates 2003-2004	Revised Estimates 2003-2004	Estimates 2004-2005
1	General Government Services
1	Executive and Legislative Services	8,300.0	4,000.0	2,000.0	3,560.0
2	Economic and Fiscal Policies and Management	1,098,090.0	1,237,200.0	1,120,824.0	587,513.0
3	Personnel Management	42,500.0	40,500.0	27,000.0	27,053.0
5	Economic Planning and Statistical Services	142,450.0	15,000.0	—	10,000.0
6	Public Works	174,437.0	93,000.0	85,800.0	57,687.0
7	Other General Government Services	413,126.0	769,788.0	239,514.0	478,047.0
	Total General Government Services	1,878,903.0	2,159,488.0	1,475,138.0	1,163,860.0
2	Defence Affairs and Services
	Total Defence Affairs and Services	218,300.0	—	—	—
3	Public Order and Safety Services
1	Police	339,727.0	162,008.0	205,480.0	205,000.0
2	Justice	50,000.0	93,000.0	45,928.0	116,200.0
3	Correctional Services	221,973.0	48,992.0	32,850.0	5,000.0
	Total Public Order and Safety Services	611,700.0	304,000.0	284,258.0	326,200.0
4	Public Debt Management Services
1	Internal Debt	43,154,734.0	76,728,325.0	80,309,384.0	102,135,356.0
2	External Debt	35,945,094.0	13,580,500.0	16,021,064.0	30,005,428.0
	Total Public Debt Management Services	79,099,828.0	90,308,825.0	96,330,448.0	132,140,784.0
5	Social Security and Welfare Services
	Total Social Security and Welfare Services	470,311.0	744,700.0	492,139.0	1,115,500.0
6	Education Affairs and Services
	Total Education Affairs and Services	650,000.0	868,453.0	413,213.0	650,600.0
7	Health Affairs and Services
	Total Health Affairs and Services	220,500.0	266,900.0	132,123.0	564,800.0
8	Information and Broadcasting
	Total Information and Broadcasting	6,000.0	—	—	—
9	Housing
	Total Housing	17,456.0	34,800.0	65,100.0	5,703.0
10	Community Amenity Services
1	Community Development	490,652.0	102,750.0	386,675.0	143,500.0
2	Water Supply Services	144,694.0	255,410.0	94,810.0	529,400.0
3	Refuse, Sewerage and Sanitation Services	30,128.0	115,000.0	45,300.0	75,000.0
	Total Community Amenity Services	665,474.0	473,160.0	526,785.0	747,900.0
11	Art and Culture
	Total Art and Culture	6,135.0	6,000.0	3,000.0	3,000.0
12	Other Social and Community Services
1	Sporting and Recreational Services	4,500.0	3,000.0	3,000.0	—
3	Youth Development Services	1,500.0	5,000.0	900.0	—
	Total Other Social and Community Services	6,000.0	8,000.0	3,900.0	—
13	Industry and Commerce
	Total Industry and Commerce	46,500.0	35,700.0	25,598.0	46,000.0
14	Agriculture
	Total Agriculture	528,518.0	683,150.0	425,391.0	634,700.0
15	Mining
	Total Mining	5,440.0	5,500.0	5,500.0	5,000.0
16	Energy
	Total Energy	28,900.0	95,700.0	101,098.0	53,300.0
17	Tourism
	Total Tourism	295,250.0	179,100.0	126,954.0	87,500.0
18	Roads
	Total Roads	901,989.0	2,151,306.0	1,747,166.0	2,438,200.0

43

2004-2005 Jamaica Budget

STATEMENT XIII

Functional Classification of Expenditure

For the Year 2004-2005 As Presented to the House of Representatives

(Capital)

		Actual Estimates 2002-2003	Approved Estimates 2003-2004	Revised Estimates 2003- 2004	Estimates 2004- 2005
19	Physical Planning and Development
	Total Physical Planning and Development	703,115.0	95,000.0	37,000.0	3,350.0
20	Scientific and Technological Services
	Total Scientific and Technological Services	10,086.0	5,300.0	5,300.0	11,700.0
21	Environmental Protection and Conservation
	Total Environmental Protection and Conservation	34,311.0	34,100.0	35,315.0	190,300.0
23	Transport and Communication Services
2	Shipping, Ports and Light Houses	—	1,900.0	—	—
3	Road Transport	57,413.0	20,000.0	6,527.0	—
4	Civil Aviation	89,000.0	120,000.0	61,000.0	42,000.0
5	Postal Services (Formerly Postal and Telecommunication Services)	9,000.0	10,000.0	10,000.0	—
6	Communication Services	—	—	46,500.0	—
	Total Transport and Communication Services	155,413.0	151,900.0	124,027.0	42,000.0
25	Local Government Administration
	Total Local Government Administration	105,562.0	244,000.0	64,800.0	77,000.0
99	Unallocated
	Total Unallocated	37,891.0	499,812.0	21,088.0	294,737.0
	Gross Total	86,703,582.0	99,354,894.0	102,445,341.0	140,602,134.0
	Less Apropriations-in-Aid	—	—	50,000.0	—
	Net Total	86,703,582.0	99,354,894.0	102,395,341.0	140,602,134.0

44

2004-2005 Jamaica Budget

STATEMENT XIII

Functional Classification of Expenditure

For the Year 2004-2005 As Presented to the House of Representatives

(Total Recurrent and Capital)

		Actual Estimates 2002-2003	Approved Estimates 2003-2004	Revised Estimates 2003-2004	Estimates 2004-2005
1	General Government Services
1	Executive and Legislative Services	820,927.0	786,187.0	796,097.0	861,801.0
2	Economic and Fiscal Policies and Management	4,864,391.0	5,329,038.0	5,384,332.0	4,992,980.0
3	Personnel Management	2,109,820.0	1,553,611.0	1,553,188.0	1,875,327.0
4	Foreign Affairs	1,030,784.0	1,020,603.0	1,188,163.0	1,227,490.0
5	Economic Planning and Statistical Services	599,808.0	536,938.0	521,938.0	598,017.0
6	Public Works	422,930.0	326,385.0	381,660.0	312,030.0
7	Other General Government Services	7,302,510.0	7,252,444.0	7,023,161.0	8,258,268.0
	Total General Government Services	17,151,170.0	16,805,206.0	16,848,539.0	18,125,913.0
2	Defence Affairs and Services
	Total Defence Affairs and Services	2,935,678.0	2,992,707.0	3,243,943.0	3,010,579.0
3	Public Order and Safety Services
1	Police	8,974,342.0	9,047,012.0	10,021,633.0	9,902,357.0
2	Justice	1,849,729.0	1,954,478.0	1,731,576.0	1,971,643.0
3	Correctional Services	2,136,863.0	1,920,854.0	2,022,491.0	1,767,968.0
	Total Public Order and Safety Services	12,960,934.0	12,922,344.0	13,775,700.0	13,641,968.0
4	Public Debt Management Services
1	Internal Debt	88,669,560.0	137,188,929.0	153,803,851.0	175,827,077.0
2	External Debt	51,168,086.0	32,331,520.0	33,267,596.0	52,614,577.0
	Total Public Debt Management Services	139,837,646.0	169,520,449.0	187,071,447.0	228,441,654.0
5	Social Security and Welfare Services
	Total Social Security and Welfare Services	1,918,215.0	2,136,576.0	1,851,947.0	2,474,454.0
6	Education Affairs and Services
	Total Education Affairs and Services	22,607,846.0	22,719,227.0	28,617,507.0	29,268,128.0
7	Health Affairs and Services
	Total Health Affairs and Services	11,309,942.0	10,478,106.0	11,762,923.0	15,003,364.0
8	Information and Broadcasting
	Total Information and Broadcasting	252,370.0	273,513.0	281,802.0	288,196.0
9	Housing
	Total Housing	106,524.0	122,517.0	149,494.0	173,485.0
10	Community Amenity Services
1	Community Development	2,594,662.0	2,524,450.0	2,583,903.0	2,591,214.0
2	Water Supply Services	348,445.0	472,784.0	320,613.0	749,030.0
3	Refuse, Sewerage and Sanitation Services	30,128.0	115,000.0	45,300.0	75,000.0
	Total Community Amenity Services	2,973,235.0	3,112,234.0	2,949,816.0	3,415,244.0
11	Art and Culture
	Total Art and Culture	567,666.0	544,026.0	566,955.0	559,069.0
12	Other Social and Community Services
1	Sporting and Recreational Services	105,807.0	98,861.0	93,057.0	100,281.0
3	Youth Development Services	216,586.0	270,262.0	267,634.0	236,223.0
	Total Other Social and Community Services	322,393.0	369,123.0	360,691.0	336,504.0
13	Industry and Commerce
	Total Industry and Commerce	960,662.0	1,030,808.0	963,208.0	971,778.0
14	Agriculture
	Total Agriculture	2,795,536.0	2,817,141.0	2,748,354.0	2,921,010.0
15	Mining
	Total Mining	142,678.0	117,747.0	118,370.0	122,000.0
16	Energy
	Total Energy	83,038.0	321,913.0	759,725.0	118,291.0
17	Tourism
	Total Tourism	2,224,303.0	2,104,059.0	1,840,978.0	1,855,123.0
18	Roads

45

2004-2005 Jamaica Budget

STATEMENT XIII

Functional Classification of Expenditure

For the Year 2004-2005 As Presented to the House of Representatives

(Total Recurrent and Capital)

		Actual Estimates 2002-2003	Approved Estimates 2003-2004	Revised Estimates 2003-2004	Estimates 2004-2005
	Total Roads	1,206,395.0	2,420,468.0	2,059,249.0	2,787,812.0
19	Physical Planning and Development
	Total Physical Planning and Development	730,345.0	150,875.0	85,951.0	57,640.0
20	Scientific and Technological Services
	Total Scientific and Technological Services	191,523.0	242,358.0	255,610.0	229,248.0
21	Environmental Protection and Conservation
	Total Environmental Protection and Conservation	312,900.0	309,129.0	368,221.0	495,961.0
22	Labour Relations and Employment Services
	Total Labour Relations and Employment Services	394,822.0	520,619.0	456,407.0	504,628.0
23	Transport and Communication Services
1	Rail Transport	110,690.0	85,294.0	97,526.0	60,531.0
2	Shipping, Ports and Light Houses	128,853.0	193,909.0	198,154.0	194,337.0
3	Road Transport	167,446.0	138,652.0	121,159.0	90,515.0
4	Civil Aviation	404,855.0	581,278.0	536,455.0	575,635.0
5	Postal Services (Formerly Postal and Telecommunication Services)	1,153,898.0	796,235.0	926,500.0	1,019,049.0
6	Communication Services	—	—	46,500.0	—
	Total Transport and Communication Services	1,965,742.0	1,795,368.0	1,926,294.0	1,940,067.0
25	Local Government Administration
	Total Local Government Administration	1,637,062.0	2,195,331.0	1,606,615.0	1,789,834.0
99	Unallocated
	Total Unallocated	37,891.0	6,987,832.0	21,088.0	1,294,737.0
	Gross Total	225,626,516.0	263,009,676.0	280,690,833.0	329,826,687.0
	Net Total	224,701,577.0	261,704,873.0	279,161,324.0	328,153,402.0

46

ESTIMATES, JAMAICA 2004-05

REVENUE AND LOAN RECEIPTS

SUMMARY

Head	Accounts 2002/03 J$	Estimates 2003/04 J$	Consolidated Fund Receipts 2003/04 J$	Estimates 2004/05 J$
I-RECURRENT REVENUE
TAXATION
1 Customs	10,149,973,716	12,224,800,000	12,223,397,206	14,008,000,000
4 Income Tax	39,045,854,184	49,500,800,000	55,379,582,652	66,066,100,000
5 Land and Property Tax
7 Stamp Duties	4,748,604,171	4,904,500,000	5,715,060,667	6,847,100,000
8 Motor Vehicle Licences	1,026,747,437	1,011,700,000	1,076,517,071	1,244,800,000
9 Other Licences	193,645,504	104,200,000	173,595,047	197,500,000
11 Travel Tax	1,533,608,072	1,640,500,000	955,612,073	1,549,000,000
12 Betting,Gaming and Lotteries-Duties, Fees, Levies	996,869,357	1,082,900,000	1,117,459,433	1,607,200,000
14 Retail Sales Tax
16 Education Tax	4,866,485,440	5,503,000,000	5,826,263,591	6,592,900,000
17 Contractors Levy	494,097,326	443,200,000	506,291,685	564,100,000
18 General Consumption Tax	29,425,817,802	33,589,800,000	36,128,163,005	42,532,500,000
19 Special Consumption Tax	10,644,645,294	11,642,700,000	12,259,491,174	14,233,400,000
20 Environmental Levy		192,200,000		192,200,000
Total	103,126,348,303	121,840,300,000	131,361,433,604	155,634,800,000

47

ESTIMATES, JAMAICA 2004-05

REVENUE AND LOAN RECEIPTS

SUMMARY

Head	Accounts 2002/03 J$	Estimates 2003/04 J$	Consolidated Fund Receipts 2003/04 J$	Estimates 2004/05 J$
NON-TAX REVENUE
22 Post Office
23 Interest
24 Departmental and other Miscellaneous Revenue
Total
TOTAL RECURRENT REVENUE	103,126,348,303	121,840,300,000	131,361,433,604	155,634,800,000
II-CAPITAL REVENUE
25 Royalties	4,882,923,777	5,037,829,086	9,044,027,789	9,788,591,763
26 Land Sales	310,695,005	395,940,000	703,267,600	773,594,360
27 Loan Repayments
28 Extraordinary Receipts
Total Capital Revenue	5,193,618,783	5,433,769,086	9,747,295,389	10,562,186,123
TOTAL RECURRENT AND CAPITAL REVENUE	108,319,967,086	127,274,069,086	141,108,728,993	166,196,986,123
III-TRANSFERS FROM CAPITAL DEVELOPMENT FUND
29 Transfers to Current Account
30 Transfers to Capital Account
Total
IV-LOAN RECEIPTS
31 Loan receipts
Total Loan Receipts
TOTAL REVENUE AND LOAN RECEIPTS	108,319,967,086	127,274,069,086	141,108,728,993	166,196,986,123

The Consolidated Fund receipts are subject to change

48

ESTIMATES, JAMAICA 2004 -2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
I-RECURRENT REVENUE
Head 1-Customs
1 Import Duties	10,149,973,716	12,224,800,000	12,223,397,206	14,008,000,000	1,783,200,000
2 Warehouse Fees
Total Head 1	10,149,973,716	12,224,800,000	12,223,397,206	14,008,000,000	1,783,200,000
Head 4-Income Tax
1 Income Tax-Companies	7,809,170,837	9,159,900,000	9,968,324,877	13,877,600,000	4,717,700,000
2 Income Tax-Individuals	22,256,136,885	26,928,400,000	29,904,974,632	34,981,000,000	8,052,600,000
3 Excess Profit Tax
4 Tax on Interest/Dividend	8,980,546,462	13,412,500,000	15,506,283,143	17,207,500,000	3,795,000,000
Total Head 4	39,045,854,184	49,500,800,000	55,379,582,652	66,066,100,000	16,565,300,000
Head 7-Stamp Duties	4,748,604,171	4,904,500,000	5,715,060,667	6,847,100,000	1,942,600,000
Total Head 7	4,748,604,171	4,904,500,000	5,715,060,667	6,847,100,000	1,942,600,000
Head 8-Motor Vehicle Licences	1,026,747,437	1,011,700,000	1,076,517,071	1,244,800,000	233,100,000
(Road Traffic Act)
Total Head 8	1,026,747,437	1,011,700,000	1,076,517,071	1,244,800,000	233,100,000
Head 9-Other Licences
1. Customs Brokers	193,646	104,200	1,735,950	1,975,000	1,870,800
2. Gaming Machines			32,983,059	37,525,000
3. Tourist Shop Licence	54,608,032	29,384,400	26,039,257	29,625,000	240,600
4. Hotel Licence Duty	44,925,757	24,174,400	8,679,752	9,875,000	(14,299,400	)
5. Other	93,918,069	50,537,000	104,157,028	118,500,000	67,963,000
Total Head 9	193,645,504	104,200,000	173,595,047	197,500,000	93,300,000
Head 11-Travel Tax	1,533,608,072	1,640,500,000	955,612,073	1,549,000,000	(91,500,000	)
Total Head 11	1,533,608,072	1,640,500,000	955,612,073	1,549,000,000	(91,500,000	)
Head 12-Betting, Gaming and Lotteries
1. Duties, Fees, Levies	996,869,357	1,082,900,000	1,117,459,433	1,607,200,000	524,300,000
Total Head 12	996,869,357	1,082,900,000	1,117,459,433	1,607,200,000	524,300,000
Head 16-Education Tax	4,866,485,440	5,503,000,000	5,826,263,591	6,592,900,000	1,089,900,000
Total Head 16	4,866,485,440	5,503,000,000	5,826,263,591	6,592,900,000	1,089,900,000
Head 17-Contractors Levy	494,097,326	443,200,000	506,291,685	564,100,000	120,900,000
Total Head 17	494,097,326	443,200,000	506,291,685	564,100,000	120,900,000
Head 18-General Consumption Tax	29,425,817,802	33,589,800,000	36,128,163,005	42,532,500,000	8,942,700,000
Total Head 18	29,425,817,802	33,589,800,000	36,128,163,005	42,532,500,000	8,942,700,000
Head 19-Special Consumption Tax	10,644,645,294	11,642,700,000	12,259,491,174	14,233,400,000	2,590,700,000
Total Head 19	10,644,645,294	11,642,700,000	12,259,491,174	14,233,400,000	2,590,700,000
Head 20-Environmental Levy		192,200,000		192,200,000	0
Total Head 20				192,200,000
TOTAL TAX REVENUE	103,126,348,303	121,648,100,000	131,361,433,604	155,634,800,000	33,986,700,000

49

ESTIMATES, JAMAICA 2004 -2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
Head 22-Post Office					—
					—
(A) POSTAL REVENUE					—
1 Sales of Stamps	178,350,445	190,000,000	162,033,420	290,000,000	100,000,000
2 Postage, Prepayment	354,246,189	340,000,000	302,670,578	396,000,000	56,000,000
3 Commission on Money Order and Postal Orders	1,271,750	—	4,661,908	—	—
4 C.O.D. and Customs Clearance Fees on Parcels	3,600,000	4,000,000	2,193,268	5,000,000	1,000,000
5 Shares of Postage on Parcels	737,641	70,000	200,000	10,000,000	9,930,000
6 Other Postal Business	141,290,338	110,000,000	133,514,573	110,500,000	500,000
TOTAL (A) POSTAL REVENUE	679,496,363	644,070,000	605,273,747	811,500,000	167,430,000
(B) COMMISSION FEES					—
7 Commission fees from Jamaica National Small Business	538,363	2,200,000	788,625	7,000,000	4,800,000
8 Commission fees from Ministry of labour and Social Security for handling welfare payments	9,301,891	16,000,000	27,136,178	30,000,000	14,000,000
9 Commission on the sale of Ministry of Water & Housing Water tanks and Water Coupons	40,174	75,000	74,518	200,000	125,000
TOTAL (B) REIMBURSEMENT	9,880,428	18,275,000	27,999,321	37,200,000	18,925,000
Total Head 22	689,376,791	662,345,000	633,273,068	848,700,000	186,355,000
Head 23-Interest
1. Interest on On-lent loans	372,032,800	240,000,000	296,137,977	301,048,000	61,048,000
2. Interest Earned on Local Currency Bank Accounts	286,578,857	278,700,000	152,383,014	111,970,000	(166,730,000	)
3. Interest Earned on Foreign Currency Bank Accounts	338,680,972	2,000,000	1,314,586	5,000,000	3,000,000
4. Interest Earned on Loans and Advances to Public Officers	149,838,496	150,000,000	6,443,067	6,500,000	(143,500,000	)
Total Head 23	1,147,131,126	670,700,000	456,278,643	424,518,000	(246,182,000	)
Head 24 - Departmental and other Miscellaneous Revenue					—
AUDITOR GENERAL’S DEPARTMENT					—
1. Audit fees	730,143	790,551	176,796	300,000	(490,551	)
TOTAL AUDITOR GENERAL’S DEPARTMENT	730,143	790,551	176,796	300,000	(490,551	)
OFFICE OF THE CONTRACTOR GENERAL
1. Contractor’s Registration fees	8,629,196	9,000,000	7,066,000	6,000,000	(3,000,000	)
TOTAL - OFFICE OF THE CONTRACTOR GENERAL	8,629,196	9,000,000	7,066,000	6,000,000	(3,000,000	)
OFFICE OF THE PRIME MINISTER					—
1. Miscellaneous Receipts	1,367,378	—	1,050,229	12,343,000	12,343,000
TOTAL OFFICE OF THE PRIME MINISTER	1,367,378	—	1,050,229	12,343,000	12,343,000
JAMAICA INFORMATION SERVICE					—
1. Sales of Publications and Advertising (50% of Gross Receipts)	7,885,973	7,500,000	6,609,725	23,800,000	16,300,000
2. Public Relation Fees (50% of Gross Receipts)	—	2,350,000		7,500,000	5,150,000

50

ESTIMATES, JAMAICA 2004 -2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$		Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
3. Printing services (50% of Gross Receipts)	—	1,410,000			3,750,000	2,340,000
4. Radio and Television revenue (50% of Gross Receipts)	—	2,350,000			7,000,000	4,650,000
5. Photography and editorial revenue (50% of Gross Receipts)	—	1,645,000			2,250,000	605,000
6. Research services (50% of Gross Receipts)		1,175,000		��	1,250,000
7. Computer services (50% of Gross Receipts)		470,000			1,750,000
8. Editorial revenue (50% of Gross Receipts)	—	—			1,250,000	1,250,000
9. Regional services (50% of Gross Receipts)	—	—			2,750,000	2,750,000
TOTAL - JAMAICA INFORMATION SERVICE	7,885,973	16,900,000	6,609,725		51,300,000	34,400,000
						—
TOTAL OFFICE OF THE PRIME MINISTER & DEPT.	9,253,351	16,900,000	7,659,954		63,643,000	46,743,000
OFFICE OF THE CABINET						—
1. Forfeiture of loan Agreement (MDB)	3,664,804	4,500,000	7,628,519		8,166,000	3,666,000
2. Miscellaneous Receipts	8,323	—	357,780		—	—
TOTAL - OFFICE OF THE CABINET	3,673,128	4,500,000	7,986,299		8,166,000	3,666,000
MANAGEMENT INSTITUTE FOR NATIONAL DEVELOPMENT
1. Dean’s Office (50% of Gross Receipts)	16,991,212	8,298,800	15,493,304		9,168,500	869,700
2. Management Studies and organisational Div. (50% of Gross Receipts)	—	6,669,192			9,304,500	2,635,309
3. Finance and Accounts Div. (50% of Gross Receipts)	—	8,437,545			9,763,000	1,325,455
4. Professionals Training Centre (50% of Gross Receipts)	—	3,177,156			3,549,000	371,845
5. Mandeville Office (50% of Gross Receipts)	—	6,373,636			6,339,000	(34,636	)
6. Facilities Rental (50% of Gross Receipts)	—	250,000	788,502		162,500	(87,500	)
TOTAL - MANAGEMENT INSTITUTE FOR NATIONAL DEV.	16,991,212	33,206,328	16,281,806		38,286,500	5,080,173
TOTAL - OFFICE OF THE CABINET & DEPT.	20,664,340	37,706,328	24,268,105		46,452,500	8,746,173
MINISTRY OF INDUSTRY AND TOURISM
1. Fees - Travel Agencies Registration Act	242,951	70,000	143,132		—	(70,000	)
2. Fees - Registration of Clubs Act	480,531	300,000	651,500		—	(300,000	)
3. Miscellaneous Receipts	19,453	—	7,482		15,765,000	15,765,000
TOTAL - MINISTRY OF INDUSTRY AND TOURISM	742,935	370,000	802,114		15,765,000	15,395,000
MINISTRY OF FINANCE AND PLANNING						—
1. Fees - Banking Licence Registration 1973	30,547,053	29,171,660	66,261,662		67,192,000	38,020,340
2. Profits on Government owned Co’s. - dividends	3,237,549	6,000,000	324,460,249		86,000,000	80,000,000
3. BOJ Profits	—				—	—
4. Sale of Unserviceable Stores	—	21,064,950	12,384,031		16,000,000	(5,064,950	)
5. Sale of Gazettes	—	6,000,000	1,196,133		6,000,000	—
6. Fees - Scotia Bank Jamaica Economic Growth Fund			12,635,741
7. Provident Fund			374,380,875
8. Fees - FIA Licence Registration					8,321,000
9. Fees - Building Societies					12,880,000

51

ESTIMATES, JAMAICA 2004 -2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
10. Miscellaneous Receipts	31,849,067	4,035,000	23,052,097	34,000,000	29,965,000
TOTAL - MINISTRY OF FINANCE AND PLANNING	65,633,670	66,271,610	814,370,787	230,393,000	164,121,390
					—
ACCOUNTANT GENERAL’S DEPARTMENT					—
1. Pension Contributions: Widows and Orphans	365,166,299	396,978,300	380,646,984	386,197,139	(10,781,161	)
2. Pension Contributions: Members of the Legislature	13,765,925	11,400,500	7,382,567	11,100,000	(300,500	)
3. Pension Contributions: Other Government Authorities for Seconded Officers	4,939,156	5,712,650	2,792,096	2,680,553	(3,032,097	)
4. Registration of Jamaica Investment Capital Growth Funds	—				—
5. Fees on Government Guaranteed Loans	—				—
6. Recovery of Pension	15,315,849	20,000,000	18,457,537	18,000,000	(2,000,000	)
7. Chancery Fund Commission	65,473	200,000	1,899,889	1,400,000	1,200,000
8. Sale of Receipt books	565,400	750,000	655,800	620,000	(130,000	)
9. Executive Agency Investment Fund Management Fees		130,000	3,589,168	594,000	464,000
10. Recovery of Prior Years’ Expenditure	538,429	—	6,626,086	1,000,000	1,000,000
11. Processing Fees - salary deduction	—	—	—	6,000	6,000
12. Miscellaneous Receipts	30,293,589	112,909,000	2,173,293	1,000,000	(111,909,000	)
TOTAL - ACCOUNTANT GENERAL’S DEPARTMENT	430,650,120	548,080,450	424,223,420	422,597,692	(125,482,758	)
					—
CUSTOMS DEPARTMENT					—
1. Receipts from Sale of Siezed Items	632,773	45,600,000	38,799,723	65,403,000	19,803,000
2. Penalty Payments for Breaches of Customs Act and Regulations	118,619,191	66,000,000	59,738,820	48,631,000	(17,369,000	)
3. Net Service Charge for Shipping and Airline Carriers	216,129,406	70,500,000	18,664,553	129,903,000	59,403,000
4. Processing fees	637,903,421	765,000,000	683,510,077	727,150,000	(37,850,000	)
5. Standard and Compliance Fees	15,275,967	241,900,000	217,590,876	285,374,000	43,474,000
6. Customs User fee	—	—	3,328,313,017	3,794,330,000	3,794,330,000
7. Excise Tax	—	—	467,996	17,740,000	17,740,000
TOTAL - CUSTOMS DEPARTMENT	988,560,757	1,189,000,000	4,347,085,061	5,068,531,000	3,879,531,000
INLAND REVENUE DEPARTMENT					—
1. Penalty for late and non-payment of sundry taxes and licences	102,408	695,000	14,080,158	525,000	(170,000	)
2. Penalty for Breaches of Spirit Licences	544,879	150,000	201,035	330,000	180,000
3. Property Tax (2.5%)		19,000,000	24,948,308	37,300,000	18,300,000
4. National Health Fund (NHF) 2.5%				24,200,000	24,200,000
5. Road Maintenance Fund 2.5%		9,057,000		11,630,000	2,573,000
6. Miscellaneous Receipts	19,340,837	—	30,356	—	—
TOTAL - INLAND REVENUE DEPARTMENT	19,988,125	28,902,000	39,259,857	73,985,000	45,083,000
TAXPAYER AUDIT & ASSESSMENT DEPARTMENT
1. Net Service Charge for services rendered by Excise Officers		—	4,551,522	7,572,000
2. Miscellaneous Receipts		—	4,155,211	—
TOTAL - TAXPAYER AUDIT & ASSESSMENT DEPARTMENT			8,706,733	7,572,000
TOTAL - MINISTRY OF FINANCE & PLANNING & DEPTS.	1,504,832,671	1,832,254,060	5,633,645,858	5,803,078,692	3,970,824,632

52

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
MINISTRY OF NATIONAL SECURITY					—
1. Rental of Lettings (Land and Buildings)	—	—	82,526
2. Sale of Used and Obsolete Items		500,000		50,000	(450,000	)
3. Soldiers’ Contributions to Various Services	4,279,000	6,000,000	—	500,000	(5,500,000	)
4. Sale of Various Items to Officers	1,840,500	2,000,000	—	1,000,000	(1,000,000	)
5. Naturalisation Fees	2,037,334	2,263,000	773,155	—	(2,263,000	)
6. Issue of Passports	121,566,427	222,024,000	168,535,541	386,145,000	164,121,000
7. Sale of Services	—	—	—	3,000,000	3,000,000
8. Miscellaneous Receipts	124,302,347	500,000	166,291,700	1,000,000	500,000
TOTAL MINISTRY OF NATIONAL SECURITY	254,025,607	233,287,000	335,682,922	391,695,000	158,408,000
POLICE DEPARTMENT					—
1. Sale of Unclaimed and Confiscated Items (Sale of stores)	16,579	50,000	30,084	—	(50,000	)
2. Band Receipts	—	20,000	7,700	20,000	—
3. Police Certificates	40,032,974	72,000,000	35,002,570	45,000,000	(27,000,000	)
4. Finger Print Search (Formerly User Service Fees)	14,329,000	15,736,000	14,038,000	18,000,000	2,264,000
5. Pension Contributions: Constabulary	43,317,945	72,308,996	47,295,458	65,000,000	(7,308,996	)
6. Pension Contributions: Special Constables	6,104,017	14,703,832	18,522,102	9,000,000	(5,703,832	)
7. Accident Report	61,413,583	7,033,560	6,248,980	7,000,000	(33,560	)
8. Miscellaneous Receipts	7,701,767	11,126,090	10,844,175	6,780,000	(4,346,090	)
TOTAL - POLICE DEPARTMENT	172,915,866	192,978,478	131,989,069	150,800,000	(42,178,478	)
ELECTORAL OFFICE
Registration & ID Card Services		150,000,000	2,320,365	12,000,000	(138,000,000	)
Sale of Software Licence		27,500,000		—	(27,500,000	)
TOTAL ELECTORAL OFFICE	—	177,500,000	2,320,365	12,000,000	(165,500,000	)
TOTAL MINISTRY OF NATIONAL SECURITY AND DEPT.	426,941,473	603,765,478	469,992,356	554,495,000	116,229,522
MINISTRY OF JUSTICE
1. Traffic Fines		130,000,000	229,356,434	121,700,000
2. Other Court Fines	239,536	100,600,000	108,096,687	160,000,000	59,400,000
3. Sale of Revised Laws of Jamaica to the Private Sector		60,000		60,000	—
4. Forfeited Recognizances	4,945,089	6,000,000	4,500,000	—	(6,000,000	)
5. Miscellaneous Receipts	301,200	20,150,000	76,295,550	150,000,000	129,850,000
TOTAL - MINISTRY OF JUSTICE	5,485,825	256,810,000	418,248,671	431,760,000	183,250,000
DEPARTMENT OF CORRECTIONAL SERVICES
1. Sundry Fines and Contributions	364,675	289,600	537,084	300,000	10,400
TOTAL - DEPARTMENT OF CORRECTIONAL SERVICES	364,675	289,600	537,084	300,000	10,400

53

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
ADMINISTRATOR GENERAL’S DEPARTMENT					—
1. Charges for Administering Intestate Estate (50% of Gross Receipts)	—	20,050,000	36,006,393	46,250,000	26,200,000
TOTAL - ADMINISTRATOR GENERAL’S DEPARTMENT	—	20,050,000	36,006,393	46,250,000	26,200,000
BANKRUPTCY DEPARTMENT					—
1. Fees and Charges against the Bankrupt	26,697,000	2,500,000	3,324,884	4,800,000	2,300,000
TOTAL - BANKRUPTCY	26,697,000	2,500,000	3,324,884	4,800,000	2,300,000
					—
TOTAL - MINISTRY OF JUSTICE & DEPTS	32,547,500	279,649,600	458,117,032	483,110,000	211,760,400
					—
MINISTRY OF FOREIGN AFFAIRS AND FOREIGN TRADE					—
1. Visa Fees from Overseas Missions	130,892,412	8,998,000	9,599,448	17,141,045	8,143,045
2. Authentication fees		3,400,000	3,006,781	6,615,082
3. Rush fees		8,000,000	236,150	15,564,899
4. Consul fees		2,005,000	1,510,643	3,900,953
5. Postage fees		500,000		972,806
6. Miscellaneous Receipts		1,205,600	41,457,192	2,345,630	1,140,030
TOTAL - MINISTRY OF FOREIGN AFFAIRS AND FOR TRADE	130,892,412	24,108,600	55,810,213	46,540,415	22,431,815
					—
MINISTRY OF LABOUR AND SOCIAL SECURITY					—
1. Reimbursement - N.I.S.	307,097,859	214,163,000	219,369,476	224,000,000	9,837,000
2. Fees - Factories Registration Act	324,421	9,000	8,466	10,000	1,000
3. Fees - Employment Agencies Registration Act	398	90,000	490	50,000	(40,000	)
4. Fees - Recruiting of Workers Act				—	—
5. Work Permit				59,167,000
6. Miscellaneous Receipts	964,820		764,647	800,000	800,000
TOTAL - MINISTRY OF LABOUR AND SOCIAL SECURITY	308,387,498	214,262,000	220,143,078	284,027,000	69,765,000
MINISTRY OF EDUCATION, YOUTH AND CULTURE					—
1. Fees from Jamaica School Certificate Examinations	2,289,391	2,000,000	235,512	500,000	(1,500,000	)
2. Rental of EDDC and other Buildings	6,732,112	6,500,000	7,778,671	7,500,000	1,000,000
3. Repayment of Bonds by Teachers	8,784,640	4,500,000	12,521,170	10,500,000	6,000,000
4. Transcripts	4,562	10,000	5,011	10,000	—
5. Recovery of Previous years Expenditure	16,302,247	6,000,000	41,394,517	25,000,000	19,000,000
6. Miscellaneous Receipts	1,263,232	5,000,000	1,264,016	1,500,000	(3,500,000	)
TOTAL - MINISTRY OF EDUCATION, YOUTH & CULTURE	35,376,184	24,010,000	63,198,897	45,010,000	21,000,000
					—
MINISTRY OF HEALTH					—
1. Registration of Pharmacies and Pharmacists					—
2. Registration of Drugs	1,362,000	2,500,000	2,093,176	2,000,000	(500,000	)
3. Parents Contribution toward Maintenance of Children in Children’s Home	201,050		—

54

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
4. Drug Permits	2,030,100	2,000,000	1,960,200	3,000,000	1,000,000
5. Miscellaneous Receipts	3,227,583	1,500,000	8,006,137	1,500,000	—
TOTAL - MINISTRY OF HEALTH	6,820,733	6,000,000	12,059,513	6,500,000	500,000
GOVERNMENT CHEMIST					—
1. Fees from Laboratory analyses	244,200	507,500	269,100	520,000	12,500
TOTAL - GOVERNMENT CHEMIST	244,200	507,500	269,100	520,000	12,500
REGISTRAR GENERAL’S DEPT. AND ISLAND RECORD OFFICE					—
1. Registration of Births, Deaths and Marriages (50% of Gross Receipts)	46,368,565	124,865,810	118,750,000	408,168,000	283,302,190
2. Island Record Office (50% of Gross Receipts)	4,187,911	10,134,190	—	42,527,000	32,392,810
TOTAL - REGISTRAR GENERAL’S DEPT.& ISLAND RECORD OFF	50,556,476	135,000,000	118,750,000	450,695,000	315,695,000
					—
TOTAL - MINISTRY OF HEALTH	57,621,408	141,507,500	131,078,613	457,715,000	316,207,500
					—
MINISTRY OF AGRICULTURE					—
1. Sale of livestock	960		—		—
2. Sale of Pigs					—
3. Sale of Milk					—
4. Other Receipts from Agricultural Stations	2,690,472	2,314,000	2,502,305	1,287,166	(1,026,834	)
5. Veterinary Fees and Supplies	—		—		—
6. Quarantine Fees	1,076,400	1,200,000	819,600	720,000	(480,000	)
7. Import Permits	9,268,369	6,000,000	10,177,588	8,200,000	2,200,000
8. Receipts from Zoo	878,440	750,000	838,520	983,990	233,990
9. Sale of Fish	11,601	50,000	—	50,000	—
10. Sale of Seedlings	—		—	600,000	600,000
11. Sale of Fingerlings	974,940	600,000	—	—	(600,000	)
12. Receipts from sundry and other receipts	135,316		564,756		—
13. Rural Physical Planning		100,000	753,919	200,000
14. Hope Gardens		908,000	741,724	—
15. Fisheries		401,000	684,104	591,500
TOTAL MINISTRY OF AGRICULTURE	15,036,498	12,323,000	17,082,516	12,632,656	309,656
FORESTRY DEPARTMENT					—
1. Timber Sales	2,437,147	2,000,000	3,414,323	2,030,000	30,000
2. Sale of Seedlings	110,796	40,000	229,610	120,000	80,000
3. Miscellaneous Receipts	82,930	20,000	78,914	50,000	30,000
TOTAL FORESTRY DEPARTMENT	2,630,873	2,060,000	3,722,847	2,200,000	140,000
					—
TOTAL MINISTRY OF AGRICULTURE AND DEPT.	17,667,371	14,383,000	20,805,362	14,832,656	449,656
MINISTRY OF COMMERCE, SCIENCE AND TECHNOLOGY
1. Miscellaneous Receipts	270	—	12,000		—
TOTAL MINISTRY OF COMMERCE, SCIENCE AND TECHNOLOGY	270	—	12,000	—	—

55

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
TRADE BOARD
1. Trade Board - Fees for Import Licences	28,583,405	47,848,469	45,246,667	34,000,000	(13,848,469	)
2. Miscellaneous Receipts	625,048		—	4,000,000	4,000,000
TOTAL TRADE BOARD	29,208,453	47,848,469	45,246,667	38,000,000	(9,848,469	)
FOOD STORAGE AND PREVENTION OF INFESTATION DIV
1. Sundry Fees	952,895	5,000,000	4,438,581	5,500,000	500,000
FOOD STORAGE AND PREVENTION OF INFESTATION DIV	952,895	5,000,000	4,438,581	5,500,000	500,000
ELECTRICITY AUTHORITY
1. Fees - Electric Lighting Act	9,616,715	15,000,000	14,655,691	80,000,000	65,000,000
TOTAL - ELECTRICITY AUTHORITY	9,616,715	15,000,000	14,655,691	80,000,000	65,000,000
MOTOR VEHICLE POLICY UNIT
1 Registration of New Car Dealers	—	1,180,000	—	443,000	(737,000	)
2 Registration of Used Car Used Car Dealers	—	6,720,000	1,020,000	7,897,000	1,177,000
TOTAL - MOTOR VEHICLE POLICY UNIT	—	7,900,000	1,020,000	8,340,000	440,000
DEPT. OF CO-OPERATIVE AND FRIENDLY SOCIETY
1. Ammendment to Rules Fees	14,750	75,000	10,930	60,000
2. Registration Fees - Cooperative & Friendly Society	23,450	20,000	62,850	60,000	40,000
3. Registration of Special Resolution		10,000	11,200	65,500	55,500
4. Miscellaneous Receipts	14,401	30,000	28,335	12,000	(18,000	)
TOTAL - DEPT. OF CO-OPERATIVE AND FRIENDLY SOCIETY	52,601	135,000	113,315	197,500	62,500
TOTAL MINISTRY OF COMMERCE SCIENCE & TECHNOLOGY & DEPT	39,830,935	75,883,469	65,486,254	132,037,500	56,154,031
REGISTRAR OF COMPANIES
1. Annual Charge on Assets of Corporate Bodies (50% of Gross Receipts)	37,674,466	—	27,571,561		—
2. Fees for Registration of Companies (50% of Gross Receipts)		38,076,000		83,715,000	45,639,000
3. Fees for Registration of Trademark			34,125,825		—
4. Fees for Registration of Business Names		6,637,000		8,775,000	2,138,000
5. Miscellaneous receipts	270	5,300,000	20,124,057	6,000,000	700,000
TOTAL REGISTRAR OF COMPANIES	37,674,737	50,013,000	81,821,443	98,490,000	48,477,000
JAMAICA INTELLECTUAL PROPERTY OFFICE
1. Fees for Registration of Trademark		16,000,000	12,500,000	25,000,000	9,000,000
2. Patent fees		—			—
TOTAL JAMAICA INTELLECTUAL PROPERTY OFFICE	—	16,000,000	12,500,000	25,000,000	9,000,000
SPECTRUM MANAGEMENT AUTHORITY
Telecommunication Licence fees	2,738,344	23,000,000	50,695,914	22,000,000
TOTAL SPECTRUM MANAGEMENT AUTHORITY	2,738,344	23,000,000	50,695,914	22,000,000	(1,000,000	)
TOTAL MINISTRY OF COMMERCE SCIENCE & TECH & DEPT.	80,244,016	164,896,469	210,503,612	277,527,500	112,631,031

56

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
MINISTRY OF LAND AND ENVIRONMENT
ESTATE MANAGEMENT DIVISION					—
1. Rents - Crown Lands and Other Government Properties	9,689,998	14,800,000	39,790,376	43,000,000	28,200,000
2. Land Settlement Properties	3,263,278	3,100,000	6,145,360	900,000	(2,200,000	)
3. Rental of Land-Leased properties	885,703	1,200,000	1,378,700	8,000,000	6,800,000
4. Other Receipts	910	2,000	3,179,516	16,000	14,000
TOTAL ESTATE MANAGEMENT DIVISION	13,839,889	19,102,000	50,493,950	51,916,000	32,814,000
MINES AND GEOLOGY DIVISION
1. Quarry Tax	23,216,041	30,000,000	34,785,273	33,000,000	3,000,000
2. Receipts from issue of Sundry Permits	711,891	750,000	651,759	750,000	—
3. Laboratory Analysis - Metallic Minerals	981,005	1,000,000	1,040,231	1,000,000	—
4. Miscellaneous Receipts	1,153,019		2,115,339	40,000	40,000
TOTAL MINES AND GEOLOGY DIVISION	26,061,956	31,750,000	38,592,602	34,790,000	3,040,000
TOTAL MINISTRY OF LAND AND ENVIRONMENT	39,901,845	50,852,000	89,086,552	86,706,000	35,854,000
NATIONAL LAND AGENCY					—
SURVEY AND MAPPING DIVISION					—
1. Pre-Checked (Survey) Fees (50% of Gross Receipts)	910,361	1,274,000	597,558	18,000,000	16,726,000
2. Sale of Monuments (50% of Gross Receipts)	413	500	—	1,000	500
3. Sale of Maps (50% of Gross Receipts)	236,762	337,000	680,168	8,500,000	8,163,000
4. Hydrographic Surveys (50% of Gross Receipts)	631,063	852,500	53,500	2,700,000	1,847,500
5. Photographic and Mapping Services (50% of Gross Receipts)	221,036	346,500	576,938	1,600,000	1,253,500
6. Miscellaneous Receipts (50% of Gross Receipts)	92,404	112,000	66,908	600,000	488,000
TOTAL - SURVEY AND MAPPING DIVISION	2,092,039	2,922,500	1,975,071	31,401,000	28,478,500
TITLES DIVISION					—
1. Registration Fees (50% of Gross Receipts)	77,850,207	101,953,500	80,086,032	278,500,000	176,546,500
2. Search Certificates		980,500		1,780,000
3. Assurance Fund (50% of Gross Receipts)	183,770	200,000	243,060	500,000	300,000
4. General Searches/Photocoping	—	14,019,500		7,000,000
5. Miscellaneous Receipts (50% of Gross Receipts)	918,290	6,150,000	5,747,971	6,900,000	750,000
TOTAL - TITLES DIVISION	78,952,266	123,303,500	86,077,063	294,680,000	171,376,500
LAND VALUATION DIVISION
1. Valuation Services (50% of Gross Receipts)	22,480	766,500	403,072	2,500,000	1,733,500
2. Sale of Valuation Roll Data (50% of Gross Receipts)		50,000	96,313	1,220,000	1,170,000
3. Sale of Maps Etc. (50 % of Gross Receipts)		—		—	—

57

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
4. Subdivision Certification (50 % of Gross Receipts)	32,650	43,000	291,786	300,000	257,000
5. Miscellaneous Receipts (50 % of Gross Receipts)	547,197		41,874		—
TOTAL- LAND VALUATION DIVISION	602,327	859,500	833,045	4,020,000	3,160,500
TOTAL NATIONAL LAND AGENCY	81,646,633	127,085,500	88,885,179	330,101,000	203,015,500
MINISTRY OF TRANSPORT AND WORKS					—
1. Bluefield Guest House	16,851	12,000	53,630	40,000	28,000
2. Tender Document	73,156		—	20,000
3. On and Off Trailer Plates	16,000,000	52,000,000	—	—	(52,000,000	)
4. Miscellaneous Receipts	87,914,973	10,000	8,567,603	10,000	—
TOTAL MINISTRY OF TRANSPORT AND WORKS	104,004,979	52,022,000	8,621,233	70,000	(51,952,000	)
NATIONAL WORKS AGENCY
1. Project Management fees (50% of Gross Receipts)		101,500,000	94,278,069	—	(101,500,000	)
2. Hireage of Equipment (50% of Gross Receipts)		6,000,000	7,045,100	—	(6,000,000	)
3. Tender Document Fees (50% of Gross Receipts)		1,000,000	176,832	—	(1,000,000	)
4. Miscellaneous Receipts (50% of Gross Receipts)	—	1,500,000	14,000,000	—	(1,500,000	)
TOTAL NATIONAL WORKS AGENCY	—	110,000,000	115,500,000	—	(110,000,000	)
TOTAL - MINISTRY OF TRANSPORT AND WORKS AND DEPT.	104,004,979	162,022,000	124,121,233	70,000	(161,952,000	)
MINISTRY OF LOCAL GOVERNMENT COMMUNITY DEVELOPMENT & SPORT
1. Fire Inspection Fees		210,000		—	(210,000	)
2. Tender Document Fees		320,000	2,268,480	—	(320,000	)
		420,000		—	(420,000	)
3. Fines					—
	20,659	271,000	—	—	(271,000	)
4. Miscellaneous Receipts			983,503		—
TOTAL MINISTRY OF LOCAL GOVERNMENT COMMUNITY DEVELOPMENT & SPORT	20,659	1,221,000	3,251,983	—	(1,221,000	)
Miscellaneous Receipts (Unclassified)	186,311,248	—	345,863,140
					—
Total Head 24	3,046,415,861	3,704,784,086	7,954,476,078	8,515,373,763	4,810,589,678
TOTAL NON-TAX REVENUE	4,882,923,777	5,037,829,086	9,044,027,789	9,788,591,763	4,750,762,678
TOTAL RECURRENT REVENUE	108,009,272,081	126,878,129,086	140,405,461,393	165,423,391,763	38,545,262,678
II-CAPITAL REVENUE					—
					—
Head 25-Royalties					—
1 Bauxite	310,695,005	395,940,000	703,267,600	773,594,360	377,654,360
2 Silica Sand		162,714		—	(162,714	)
3 Marble					—
Total Head 25	310,695,005	396,102,714	703,267,600	773,594,360	377,491,646

58

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
Head 26-Land Sales
1 Crown Lands	—	15,500,000	15,760,803	15,900,000	400,000
2 Land Settlement Allotments					—
3 Mona Houses					—
Total Head 26	—	15,500,000	15,760,803	15,900,000	400,000
Head 27-Loan Repayments
1 Municipal and Parish Councils
2 Dependencies and Local Bodies
3 Cocoa Board-Rehabilitation Scheme
4 Miscellaneous	669,028,195	600,500,000	510,244,851	561,269,336	(39,230,664	)
5 Farm Improvement Scheme
6 Farm Development Scheme
7 Farm Recovery Loan
8 Housing Trust Fund
9 Bank of Jamaica Deposit
10 Transportation for Public Officers
Total Head 27	669,028,195	600,500,000	510,244,851	561,269,336	(39,230,664	)
Head 28-Extraordinary Receipts
1 Immigrant Deposits
2 Agriculture Recovery Programme- Sale of Mechanical Implements
3 Sale of unserviceable goods-Housing Dept and Supply Division Stores
4 Surplus on Sinking Fund
5 Proceeds from Foreshore Development
6 Grants from the European Union	305,632,000	671,600,000	297,600,000	3,558,000,000	2,886,400,000
7 Grants from Government of the Netherlands
8 Miscellaneous	2,743,699,764	1,264,897,286	6,045,616,426	384,236,305	(880,660,981	)
9 Bauxite Alumina Trading Company
10 Other Grants	474,684,328	250,000,000	10,005,966	768,100,000	518,100,000
11 Proceeds from Divestment	4,316,431,726	600,000,000	1,533,015,883	1,884,700,000
Total Head 28	7,840,447,818	2,786,497,286	7,886,238,275	6,595,036,305	3,808,539,019
TOTAL CAPITAL REVENUE	8,820,171,018	3,798,600,000	9,115,511,528	7,945,800,000	4,147,200,000
					—
III-TRANSFERS FROM CAPITAL					—
DEVELOPMENT FUND					—
					—
Head 29-Transfers to Current Account					—
					—
(a) Transfers in lieu of Income Tax					—
from Alumina Producers					—
					—
(b) Other	1,436,900,000	1,767,500,000	1,767,500,000	2,354,700,000	587,200,000
Total Head 29	1,436,900,000	1,767,500,000	1,767,500,000	2,354,700,000	587,200,000

59

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
Head 30-Transfers to Capital Account
Total Head 30	—	—	—	—	—
TOTAL TRANSFERS FROM CAPITAL DEVELOPMENT FUND	1,436,900,000	1,767,500,000	1,767,500,000	2,354,700,000	587,200,000
IV-LOAN RECEIPTS
Head 31-
EXTERNAL
Multilateral
Loans to be raised under Act 39 of 1964
1. World Bank Loans	7,517,923,105	822,167,000	2,052,932,501	850,000,000	27,833,000
2. Inter-American Development Bank	2,015,117,014	687,361,000	61,952,528	970,600,000	283,239,000
3. Caribbean Development Bank	333,177,376	48,812,000	103,964,683	184,000,000	135,188,000
4. European Union				23,000,000	23,000,000
5. World Bank/ IDB		300,000,000		0	-300,000,000
6. IFAD					0
7. OECF/USAID					0
8. OPEC					0
9. OECF					0
10. Other
Bilateral
9. Government of Netherlands
10 Government of Germany			41,140,951
11 JBIC				137,400,000
12 Kuwait		163,800,000		40,000,000	-123,800,000
13 Saudi					0
14 PL480
15 Other
Other Loans
16 Capital Market	14,269,589,000	13,875,000,000	15,285,907,500	28,525,500,000	14,650,500,000
17 Other					0
TOTAL EXTERNAL	24,135,806,494	15,897,140,000	17,545,898,163	30,730,500,000	14,833,360,000
DOMESTIC
1 Local Commercial Banking Sector					0
2 Local Registered Stock & Debentures	69,963,528,426	100,539,200,000	64,346,353,346	121,699,400,000	21,160,200,000
3 Indexed Bonds & US$ loans	18,227,135,344	0	32,538,949,376		0
4 Other	452,576,641	0	17,793,072,933		0
TOTAL DOMESTIC	88,643,240,412	100,539,200,000	114,678,375,655	121,699,400,000	21,160,200,000
TOTAL LOAN RECEIPTS	112,779,046,906	116,436,340,000	132,224,273,818	152,429,900,000	35,993,560,000

60

ESTIMATES, JAMAICA 2004-2005

DETAILS OF REVENUE AND LOAN RECEIPTS

HEAD	Accounts 2002/2003 (1) J$	Estimates 2003/2004 (2) J$	Consolidated Fund Receipts 2003/2004 (3) J$	Estimates 2004/2005 (4) J$	Increase (+) / Decrease (-) [(4)-(2)] J$
SUMMARY
Recurrent Revenue	108,009,272,081	126,878,129,086	140,405,461,393	165,423,391,763	38,545,262,678
Capital Revenue	8,820,171,018	3,798,600,000	9,115,511,528	7,945,800,000	4,147,200,000
Transfers from Capital					0
Development Fund	1,436,900,000	1,767,500,000	1,767,500,000	2,354,700,000	587,200,000
Loan Receipts	112,779,046,906	116,436,340,000	132,224,273,818	152,429,900,000	35,993,560,000
Total	231,045,390,005	248,880,569,086	283,512,746,739	328,153,791,763	79,273,222,678

The Consolidated Fund receipts are subject to change

61