Exhibit C
INDEX TO REVENUE ESTIMATES AND FINANCIAL STATEMENTS FOR THE GOVERNMENT OF
JAMAICA FOR THE YEAR ENDING MARCH 31, 2021
Page No. | ||||
I) ESTIMATES OF REVENUE 2021/2022 | 1 | |||
A. STATEMENT OF REVENUE ESTIMATES | ||||
Statement I – Summary of Revenue and Loan Receipts | 1 | |||
Statement II – Details of Revenue and Loan Receipts | 2 | |||
B. STATEMENT OF FINANCING OF THE BUDGET | ||||
Statement III – Summary of Revenue Estimates and Estimates of Expenditure | 11 | |||
Statement IV – Statement of the Financing of the Estimates of Expenditure | 14 | |||
Statement V – Statement of Statutory Expenditure Charged to the Consolidated Fund | 15 | |||
C. SUMMARY ESTIMATES OF EXPENDITURE | ||||
Summary of Net Expenditure Estimates by Head | 17 | |||
Statutory Provisions and Provisions to be Voted by Head | 21 | |||
II) FINANCIAL STATEMENTS 2020/2021 | ||||
Statement I – Receipts and Payments of the Consolidated Fund | 25 | |||
Statement II – Statement of Financing | 27 | |||
Statement III – Revenue Estimates Compared with Consolidated Fund Receipts | 28 | |||
Statement IV – Statement of Expenditure Compared with Issues from the Consolidated Fund | 30 | |||
Statement V – Statement of Consolidated Fund Balances | 33 | |||
Statement VI – Statement of Cash Flows | 34 | |||
Statement VII – Statement of Transfers from the Capital Development Fund | 36 | |||
Statement VIII – Contingencies Fund | 37 | |||
Statement IX – Local (Internal) Debt | 38 | |||
Statement IX – Foreign (External) Debt | 39 | |||
Notes to the Financial Statements | 41 |
2021-2022 JAMAICA BUDGET
STATEMENT I
REVENUE AND LOAN RECEIPTS
SUMMARY
Head | Account 2019/2020 $ | Estimates 2020/2021 $ | Consolidated Fund Receipts 2020/2021 (Dec-2020) $ | Estimates 2021/2022 $ | ||||||||||||||
I | RECURRENT REVENUE | |||||||||||||||||
TAXATION | ||||||||||||||||||
Customs | 44,681,246,175 | 47,155,955,182 | 29,444,069,046 | 47,200,478,899 | ||||||||||||||
Income Tax | 158,263,712,790 | 167,116,337,031 | 96,068,209,506 | 166,511,866,962 | ||||||||||||||
Stamp Duties | 7,105,744,394 | 8,383,249,635 | 5,111,692,671 | 7,453,051,806 | ||||||||||||||
Motor Vehicle Licences (Motor Vehicle Act) | 4,449,579,480 | 4,919,511,150 | 3,419,379,549 | 4,745,650,760 | ||||||||||||||
Other Licences | 197,327,175 | 357,271,451 | 98,494,236 | 610,748,119 | ||||||||||||||
Travel Tax | 21,785,864,985 | 22,511,840,000 | 3,690,631,566 | 4,880,720,000 | ||||||||||||||
Betting, Gaming and Lotteries-Duties, Fees and Levies | 5,794,426,888 | 6,730,427,194 | 4,693,517,320 | 7,333,722,323 | ||||||||||||||
Education Tax | 31,871,426,613 | 34,449,108,535 | 21,226,335,631 | 34,219,754,198 | ||||||||||||||
Contractors Levy | 2,759,590,848 | 2,463,060,887 | 1,251,432,374 | 2,119,444,443 | ||||||||||||||
General Consumption Tax | 199,266,688,786 | 199,718,340,352 | 124,109,910,643 | 203,317,336,614 | ||||||||||||||
Special Consumption Tax | 79,660,799,468 | 83,348,268,721 | 48,439,712,796 | 83,987,786,400 | ||||||||||||||
Environmental Levy | 4,292,080,311 | 4,443,289,942 | 3,026,167,043 | 4,214,401,525 | ||||||||||||||
Telephone Call Tax | 2,120,336,459 | 2,510,240,000 | 2,702,208,576 | 3,354,650,876 | ||||||||||||||
Guest Accomodation Room Tax | 2,930,778,485 | 3,115,380,908 | 487,191,983 | 645,600,000 | ||||||||||||||
Minimum Business Tax | — | 87,556,057 | — | |||||||||||||||
Quarry Tax | 63,611,389 | 84,215,326 | 73,656,586 | 84,185,846 | ||||||||||||||
Import Licences-Trade Board | 329,688,042 | 345,294,000 | 187,178,602 | 304,929,988 | ||||||||||||||
Telecommunication Licences | 305,406,716 | 1,155,435,179 | 1,295,842,985 | 1,476,960,000 | ||||||||||||||
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TOTAL | 565,878,309,004 | 588,807,225,493 | 345,413,187,169 | 572,461,288,760 | ||||||||||||||
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II | NON-TAX REVENUE | 59,600,575,965 | 67,290,901,000 | 59,283,166,688 | 94,185,200,000 | |||||||||||||
MISCELEANOUS RECEIPTS (UNCLASSIFIED) | — | |||||||||||||||||
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TOTAL RECURRENT REVENUE | 625,478,884,969 | 656,098,126,493 | 404,696,353,857 | 666,646,488,760 | ||||||||||||||
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III | CAPITAL REVENUE | |||||||||||||||||
Land Sales | 36,322,500 | 214,421,773 | — | — | ||||||||||||||
Loan Repayments | 3,083,500,000 | 121,578,227 | 436,268,433 | 96,419,057 | ||||||||||||||
Extraordinary Receipts: Miscelleanous | 18,552,943,708 | 32,193,000,000 | 3,310,253,046 | 4,348,700,000 | ||||||||||||||
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TOTAL CAPITAL REVENUE | 21,672,766,208 | 32,529,000,000 | 3,746,521,480 | 4,445,119,057 | ||||||||||||||
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TOTAL RECURRENT AND CAPITAL REVENUE | 647,151,651,177 | 688,627,126,493 | 408,442,875,336 | 671,091,607,817 | ||||||||||||||
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IV | GRANTS | |||||||||||||||||
(I) | TRANSFER FROM CAPITAL DEVELOPMENT FUND | |||||||||||||||||
Transfers to Current Account | 130,900,000 | 135,700,000 | 148,700,000 | |||||||||||||||
Transfers to Capital Account | — | — | — | |||||||||||||||
Other | — | — | ||||||||||||||||
(II) | EXTERNAL GRANTS | |||||||||||||||||
Grants from the European Union | — | — | 3,406,627,613 | 2,816,000,000 | ||||||||||||||
Miscellaneous Grants | — | 2,987,000,000 | 2,443,825,413 | 2,960,800,000 | ||||||||||||||
Other Grants | 5,635,485,000 | 1,350,323,510 | — | |||||||||||||||
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TOTAL GRANTS | 5,766,385,000 | 4,473,023,510 | 5,850,453,026 | 5,925,500,000 | ||||||||||||||
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V | LOAN RECEIPTS | |||||||||||||||||
Loan receipts | 102,924,710,000 | 143,602,930,000 | 171,496,672,165 | 130,305,600,000 | ||||||||||||||
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TOTAL LOAN RECEIPTS | 102,924,710,000 | 143,602,930,000 | 171,496,672,165 | 130,305,600,000 | ||||||||||||||
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TOTAL REVENUE AND LOAN RECEIPTS | 755,842,746,177 | 836,703,080,003 | 585,790,000,527 | 807,322,707,817 | ||||||||||||||
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The Consolidated Fund Receipts are subject to change
1
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
REVENUE ITEM DESCRIPTION | Consolidated Fund Receipts 2019/2020 (‘1) | Estimates 2020/2021 BUDGET (‘2) | Consolidated Fund Receipts 2020/2021 (as at Dec-20) (‘3) | Estimates 2021/2022 BUDGET (‘4) | Budget Increase(+) / Decrease (-) [(4)-(2)] (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
TAX REVENUE | ||||||||||||||||||||
Import Duties | 44,681,246,175 | 47,155,955,182 | 29,444,069,046 | 47,200,478,899 | 44,523,717 | |||||||||||||||
Income Tax-Companies | 66,422,288,975 | 70,213,072,081 | 30,519,617,126 | 68,513,545,370 | -1,699,526,711 | |||||||||||||||
Income Tax-Individuals | 71,127,369,126 | 74,095,360,318 | 49,819,108,359 | 78,652,286,722 | 4,556,926,404 | |||||||||||||||
Tax on Interest/Dividend | 20,714,054,689 | 22,807,904,631 | 15,729,484,022 | 19,346,034,870 | -3,461,869,761 | |||||||||||||||
Stamp Duties (local) | 4,680,113,629 | 2,920,572,114 | 1,478,406,751 | 5,142,931,704 | 2,222,359,590 | |||||||||||||||
Stamp Duties (import) | 2,425,630,764 | 5,462,677,521 | 3,633,285,920 | 2,310,120,103 | -3,152,557,418 | |||||||||||||||
Motor Vehicle Licences (Motor Vehicle Act) | 4,449,579,480 | 4,919,511,150 | 3,419,379,549 | 4,745,650,760 | -173,860,390 | |||||||||||||||
Customs Brokers | 305,042 | 595,803 | 6,636,274 | 1,131,964 | 536,161 | |||||||||||||||
Gaming Machines | 362,713,070 | 300,464,973 | 148,565,938 | 502,821,742 | 202,356,769 | |||||||||||||||
Tourist Shop Licence | 13,476,247 | 8,064,843 | 4,992,324 | 15,322,360 | 7,257,517 | |||||||||||||||
Tourist Shop Operators Licence | 17,562,048 | 13,221,607 | 74,727,900 | 25,119,673 | 11,898,066 | |||||||||||||||
Hotel Licence Duty | 8,526,592 | 4,941,702 | 1,886,234 | 9,388,718 | 4,447,016 | |||||||||||||||
Other Licences | 157,457,245 | 29,982,523 | 10,251,504 | 56,963,663 | 26,981,140 | |||||||||||||||
Travel Tax | 14,910,882,585 | 16,068,252,845 | 2,394,950,418 | 3,549,614,545 | -12,518,638,299 | |||||||||||||||
Passenger Levy | 6,874,982,400 | 6,443,587,155 | 1,295,681,149 | 1,331,105,455 | -5,112,481,700 | |||||||||||||||
Betting, Gaming and Lotteries-Duties, Fees and Levies | 5,431,713,817 | 6,730,427,194 | 4,544,951,382 | 7,333,722,323 | 603,295,130 | |||||||||||||||
Education Tax | 31,871,426,613 | 34,449,108,535 | 21,226,335,631 | 34,219,754,198 | -229,354 ,337 | |||||||||||||||
Contractors Levy | 2,759,590,848 | 2,463,060,887 | 1,251,432,374 | 2,119,444,443 | -343,616,444 | |||||||||||||||
General Consumption Tax | 105,533,921,168 | 109,247,434,573 | 56,997,148,271 | 111,850,355,568 | 2,602,920,995 | |||||||||||||||
General Consumption Tax | 93,732,767,618 | 90,470,905,780 | 67,112,762,372 | 91,466,981,046 | 996,075,266 | |||||||||||||||
Special Consumption Tax | 26,866,639,478 | 31,857,545,353 | 29,984,301,988 | 31,305,986,400 | -551,558,953 | |||||||||||||||
Special Consumption Tax | 52,794,159,990 | 51,490,723,368 | 18,455,410,808 | 52,681,800,000 | 1,191,076,632 | |||||||||||||||
Environmental Levy | 671,119,049 | 3,805,926,469 | 2,581,102,091 | 627,770,606 | -3,178,155 ,862 | |||||||||||||||
Environmental Levy | 3,620,961,261 | 637,363,474 | 445,064,951 | 3,586,630,919 | 2,949,267,445 | |||||||||||||||
Telephone Call Tax | 2,120,336,459 | 2,510,240,000 | 2,702,208,576 | 3,354,650,876 | 844,410,876 | |||||||||||||||
Guest Accomodation Room Tax | 2,930,778,485 | 3,115,380,908 | 487,191,983 | 645,600,000 | -2,469,780,908 | |||||||||||||||
Minimum Business Tax | 0 | 0 | 87,556,057 | 0 | 0 | |||||||||||||||
Quarry Tax | 63,611,389 | 84,215,326 | 73,656,586 | 84,185,846 | -29,480 | |||||||||||||||
Import Licences-Trade Board | 329,688,042 | 345,294,000 | 187,178,602 | 304,929,988 | -40,364,012 | |||||||||||||||
Telecommunication Licences | 305,406,716 | 1,155,435,179 | 1,295,842,985 | 1,476,960,000 | 321,524,821 | |||||||||||||||
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TOTAL TAX REVENUE | 565,878,309,004 | 588,807,225,493 | 345,413,187,169 | 572,461,288,760 | -16,345,936,733 | |||||||||||||||
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HIS EXCELLENCY THE GOVERNOR GENERAL AND STAFF | ||||||||||||||||||||
Processing Fees | ||||||||||||||||||||
Miscelleanous Receipts | 10,600 | 35,000 | 497,788 | 40,000 | 5,000 | |||||||||||||||
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TOTAL-HIS EXCELLENCY THE GOVERNOR GENERAL AND STAFF | 10,600 | 35,000 | 497,788 | 40,000 | 5,000 | |||||||||||||||
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INTEGRITY COMMISSION OF JAMAICA | 0 | |||||||||||||||||||
Contractor’s Registration Fees | 4,970,000 | 5,420,000 | 2,772,269 | 4,500,000 | -920,000 | |||||||||||||||
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TOTAL-INTEGRITY COMMISSION OF JAMAICA | 4,970,000 | 5,420,000 | 2,772,269 | 4,500,000 | -920,000 | |||||||||||||||
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AUDITOR GENERAL’S DEPARTMENT | ||||||||||||||||||||
Audit Fees | 5,000,000 | 4,997,000 | 4,998,500 | 1,500 | ||||||||||||||||
Miscelleanous Fees | 5,000 | 3,000 | 1,500 | -4,500 | ||||||||||||||||
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TOTAL-AUDITOR GENERAL’S DEPARTMENT | 5,005,000 | 5,000,000 | 0 | 5,000,000 | -3,000 | |||||||||||||||
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OFFICE OF THE SERVICES COMMISSIONS | ||||||||||||||||||||
Processing Fees | 5,000 | 7,000 | 7,000 | |||||||||||||||||
Miscelleanous Fees | 121,558 | 49,000 | 89,062 | 105,000 | 56,000 | |||||||||||||||
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TOTAL-OFFICE OF THE SERVICES COMMISSIONS | 126,558 | 49,000 | 89,062 | 112,000 | 63,000 | |||||||||||||||
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OFFICE OF THE PRIME MINISTER | ||||||||||||||||||||
Rental Charges | 25,000 | 600,000 | 780,000 | 180,000 | ||||||||||||||||
Irrevocable Order | 0 | |||||||||||||||||||
Miscelleanous Receipts | 275,000 | 500,000 | 1,396,415 | 500,000 | 0 | |||||||||||||||
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TOTAL-OFFICE OF THE PRIME MINISTER | 300,000 | 1,100,000 | 1,396,415 | 1,280,000 | 0 | |||||||||||||||
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ELECTORAL COMMISSION | ||||||||||||||||||||
Registration and ID Card Service | 8,600,000 | 890,000 | 15,000,000 | 14,110,000 | ||||||||||||||||
Miscelleanous Receipts | 65,000 | 205,000 | 6,085,029 | 600,000 | 395,000 | |||||||||||||||
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TOTAL-ELECTORAL COMMISSION | 8,665,000 | 1,095,000 | 6,085,029 | 15,600,000 | 14,505,000 | |||||||||||||||
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2
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
REVENUE ITEM DESCRIPTION | Consolidated Fund Receipts 2019/2020 (‘1) | Estimates 2020/2021 BUDGET (‘2) | Consolidated Fund Receipts 2020/2021 (as at Dec-20) (‘3) | Estimates 2021/2022 BUDGET (‘4) | Budget Increase(+) / Decrease (-) [(4)-(2)] (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
OFFICE OF THE CABINET | ||||||||||||||||||||
Irrevocable Order | 8,000 | 3,000 | 3,000 | |||||||||||||||||
Miscelleanous Receipts | 22,000 | 50,000 | 254,808 | 70,000 | 20,000 | |||||||||||||||
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TOTAL-OFFICE OF THE CABINET | 30,000 | 50,000 | 254,808 | 73,000 | 23,000 | |||||||||||||||
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MINISTRY OF TOURISM | ||||||||||||||||||||
Irrevocable Order | 5,000 | 0 | ||||||||||||||||||
Miscelleanous Receipts | 325,000 | 20,000 | 588,758 | 49,000 | 29,000 | |||||||||||||||
De-earmarked Funds - TEF/CHASE | 8,425,300,169 | 8,531,404,594 | 1,585,036,964 | 3,693,867,978 | -4,837,536,616 | |||||||||||||||
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TOTAL-MINISTRY OF TOURISM | 8,425,630,169 | 8,531,424,594 | 1,585,625,722 | 3,693,916,978 | -4,837,507,616 | |||||||||||||||
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MINISTRY OF ECONOMIC GROWTH AND JOB CREATION | ||||||||||||||||||||
Miscelleanous Receipts | 598,820 | 663,913 | 3,686,213 | 2,604,170 | 1,940,257 | |||||||||||||||
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TOTAL-MINISTRY OF ECONOMIC GROWTH AND JOB CREATION | 598,820 | 663,913 | 3,686,213 | 2,604,170 | 1,940,257 | |||||||||||||||
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FORESTRY DEPARTMENT | ||||||||||||||||||||
Timber Sales | 0 | 0 | ||||||||||||||||||
Sale of Seedings | 0 | 0 | ||||||||||||||||||
Miscelleanous Receipts | 188,163 | 0 | 12,922,697 | 2,000,000 | 2,000,000 | |||||||||||||||
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TOTAL-FORESTRY DEPARTMENT | 188,163 | 0 | 12,922,697 | 2,000,000 | 2,000,000 | |||||||||||||||
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NATIONAL LAND AGENCY | ||||||||||||||||||||
Miscellaneous Receipts (50% of Profit) | 192,538,481 | |||||||||||||||||||
Assurance Fund (100% of Gross Receipts) | 38,401,000 | 53,532,000 | ||||||||||||||||||
Rents - Crown Lands and Other Government Properties | 156,000,000 | 143,000,000 | 196,000,000 | 53,000,000 | ||||||||||||||||
Land Settlement Properties | 25,754,000 | 33,000,000 | 75,933,914 | 24,300,000 | -8,700,000 | |||||||||||||||
Rental of Land-Leased properties | 0 | 3,918,381 | 0 | |||||||||||||||||
Attorney’s Fee/ Photocopying | 0 | 7,990,575 | 0 | |||||||||||||||||
Miscellaneous Receipts | 0 | 6,000,000 | 1,000,000 | -5,000,000 | ||||||||||||||||
Other Receipts (Including Crown Property Sales) | 75,400,000 | 85,008,000 | 27,686,873 | 400,000,000 | 314,992,000 | |||||||||||||||
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TOTAL NATIONAL LAND AGENCY | 295,555,000 | 320,540,000 | 308,068,223 | 621,300,000 | 354,292,000 | |||||||||||||||
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NATIONAL ENVIRONMENT AND PLANNING AGENCY | ||||||||||||||||||||
Beach and Dredging Licences | 45,583,929 | 33,272,116 | -33,272,116 | |||||||||||||||||
Environment Permits and Licences Hunters Licences | 44,670,000 | 100,200,000 | -100,200,000 | |||||||||||||||||
Hunters Licences | 32,440,000 | 35,000,000 | -35,000,000 | |||||||||||||||||
Air Quality Licence | 11,448,165 | 11,500,143 | -11,500,143 | |||||||||||||||||
Lifeguard | 8,146,280 | -8,146,280 | ||||||||||||||||||
CITES | 1,240,000 | 200,000 | -200,000 | |||||||||||||||||
Hazardous Waste | 348,750 | 795,000 | -795,000 | |||||||||||||||||
Wastewater and Sludge | 53,147,364 | 33,404,684 | -33,404,684 | |||||||||||||||||
Other Fees | 7,151,250 | |||||||||||||||||||
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TOTAL NATIONAL ENVIRONMENT AND PLANNING AGENCY | 196,029,458 | 222,518,223 | 0 | 0 | -222,518,223 | |||||||||||||||
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MINISTRY OF FINANCE AND THE PUBLIC SERVICE | ||||||||||||||||||||
Fees-Banking Licence Registration (1973) - Commercial Banks | 338,637,112 | 360,717,429 | 171,184,094 | 391,527,369 | 30,809,940 | |||||||||||||||
Profits in Government owned companies-Dividends and Financial Distribution | 12,487,470,000 | 20,284,910,000 | 14,731,669,492 | 16,879,160,000 | -3,405,750,000 | |||||||||||||||
Sale of Unserviceable Stores | 35,000,000 | 30,900,000 | 160,171 | 32,136,000 | 1,236,000 | |||||||||||||||
BOJ Profits | 0 | 33,155,000,000 | 33,155,000,000 | |||||||||||||||||
Sale of Gazettes | 1,890,000 | 2,000,000 | 550,675 | 2,080,000 | 80,000 | |||||||||||||||
Fees-Scotia Bank Jamaica Economic Growth Fund | 0 | 0 | ||||||||||||||||||
Provident Fund | 15,741,010 | 458,347 | 0 | |||||||||||||||||
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Fees-FIA Licence Registration | 470,327 | 513,522 | 917,231 | 403,709 | ||||||||||||||||
Fees-Building Societies | 33,860,414 | 33,294,803 | 32,554,212 | 35,481,388 | 2,186,585 | |||||||||||||||
Sale of Forfeited Goods-FID | 0 | 26,000,000 | 26,000,000 | |||||||||||||||||
Cash Seized and Forfeited | 0 | 55,590,315 | 150,000 | 18,000,000 | -37,590,315 | |||||||||||||||
Miscelleanous Receipts | 608,000,000 | 608,000,000 | 27,923,227 | 26,000,000 | -582,000,000 | |||||||||||||||
Forfeiture of Loan Agreement (MDB) | 15,000,000 | 15,000,000 | 50,608,418 | 50,330,500 | 35,330,500 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF FINANCE AND THE PUBLIC SERVICE | 13,536,068,863 | 21,390,926,069 | 15,015,258,634 | 50,616,632,488 | 29,225,706,419 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
3
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
REVENUE ITEM DESCRIPTION | Consolidated Fund Receipts 2019/2020 (‘1) | Estimates 2020/2021 BUDGET (‘2) | Consolidated Fund Receipts 2020/2021 (as at Dec-20) (‘3) | Estimates 2021/2022 BUDGET (‘4) | Budget Increase(+) / Decrease(-) [(4)-(2)] (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
ACCOUNTANT GENERAL’S DEPARTMENT | ||||||||||||||||||||
Interest on On Lent Loans | 2,893,706,545 | 385,959,903 | 139,584,824 | 186,113,099 | -199,846,804 | |||||||||||||||
Interest Earned on Local Currency Bank Accounts | 375,239,632 | 62,712,855 | 3,568,745 | 2,726,923 | -59,985,932 | |||||||||||||||
Interest Earned on Foreign Currency Bank Accounts | 808,848,414 | 1,264,123,158 | 18,458,203 | 18,458,088 | -1,245,665,070 | |||||||||||||||
Interest Earned on Loans and Advances to Public Officers | 15,195,930 | 11,436,074 | 6,495,730 | 3,225,098 | -8,210,977 | |||||||||||||||
Interest on Government Deposits(MDA) | 637,024 | 2,733,378 | 12,114,435 | 12,114,435 | 9,381 ,057 | |||||||||||||||
PDCF Interest - Global Bonds Interest | 4,501,800,000 | 4,719,230,398 | 7,322,375,317 | 2,820,575,317 | ||||||||||||||||
PDCF Interest - Local Investments JUTC Interest | 1,964,600,000 | -1,964,600,000 | ||||||||||||||||||
Pension Contributions: 4% Contribution Scheme | 1,520,650,736 | 2,279,530,596 | 1,766,084,103 | 3,139,705,072 | 860,174,476 | |||||||||||||||
Pension Contribution: Members of the Legislature | 0 | |||||||||||||||||||
Pension Contributions: Other Government Authorities for Seconded Officers | 0 | |||||||||||||||||||
Recovery of Pension and Salary | 111,115,727 | 31,556,087 | 17,664,879 | 15,551,025 | -16,005,062 | |||||||||||||||
Chancery Fund Commission | 1,821,813 | 267,678 | 422,742 | 387,247 | 119,568 | |||||||||||||||
Sale of Receipt Books | 2,012,485 | 2,249,599 | 808,200 | 1,077,600 | -1,171,999 | |||||||||||||||
Recovery of Prior Years’ Expenditure | 1,667,262 | 104,263,733 | 1,811 ,637 | 2,415,516 | -101,848,217 | |||||||||||||||
Processing Fees-Salary Deduction | 1,834,949 | 1,531,461 | 1,040,504 | 1,387,339 | -144,123 | |||||||||||||||
Miscelleanous Receipts | 10,077,043,082 | 6,167,652,651 | 17,214,392,654 | 16,039,813,244 | 9,872,160,593 | |||||||||||||||
Registration of Jamaica Investment Capital Growth Funds | 0 | |||||||||||||||||||
Fees on Government Guaranteed Loans | 0 | |||||||||||||||||||
Executive Agency Investment Fund Management Fees | 1,847,855 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-ACCOUNTANT GENERAL’S DEPARTMENT | 15,811,621,454 | 16,780,417,173 | 23,901,677,055 | 26,745,350,002 | 9,964,932,828 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
JAMAICA CUSTOMS AGENCY | ||||||||||||||||||||
Warehouse Fees | 9,085,158 | 9,850,473 | 7,225,006 | 8,830,562 | -1,019,911 | |||||||||||||||
Receipts from Sale of Seized items | 221,763,993 | 308,039,234 | 134,387,333 | -173,651,901 | ||||||||||||||||
Penalty Payments for Breaches of Customs Act and Regulations | 120,439,090 | 135,040,300 | 84,904,983 | -50,135,317 | ||||||||||||||||
Net Service Charge for Shipping and Airline Carriers | 981,858,185 | 892,521,644 | 493,117,927 | -399,403,717 | ||||||||||||||||
Processing 5% PAJ | 0 | 113,877,856 | 113,877,856 | |||||||||||||||||
Standard and Compliance Fees | 36,121,281 | 37,627,109 | 20,281,576 | 30,189,629 | -7,437,480 | |||||||||||||||
Customs User/ Administration Fee | 5,546,033,753 | 5,280,526,000 | 1,620,377,705 | 2,000,000,000 | -3,280,526,000 | |||||||||||||||
Irrevocable Standing Orders | 41,500 | 41,500 | 33,000 | -8,500 | ||||||||||||||||
Miscelleanous Receipts | 934,935 | 917,332 | 1,896,676,552 | 1,318,160,230 | 1,317,242,898 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-JAMAICA CUSTOMS AGENCY | 6,916,277,895 | 6,664,563,593 | 3,544,560,838 | 4,183,501,520 | -2,481,062,073 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TAX ADMINISTRATION OF JAMAICA | ||||||||||||||||||||
Penalty for late and non-payment of sundry taxes and licences | 1,000 | |||||||||||||||||||
Penalty for Breaches of Spirit Licences | 300,000 | 327,000 | 440,000 | 113,000 | ||||||||||||||||
Property Tax (2.5%) | 200,000,000 | 215,000,000 | 163,615,692 | 200,000,000 | -15,000,000 | |||||||||||||||
National Health Fund(NHF 2.5%) | 0 | 0 | ||||||||||||||||||
Passport Immigration & Citizenship Agency Fee 0.5% | 480,000 | 512,000 | 159,178 | 200,000 | -312,000 | |||||||||||||||
Road Maintenance Fund 2.5% | 46,800,000 | 52,000,000 | 41,314,044 | 60,000,000 | 8,000,000 | |||||||||||||||
Special Consumption Tax 2.5% | 0 | 0 | ||||||||||||||||||
Island Traffic Authority 20% | 14,000,000 | 16,200,000 | 8,164,200 | 10,000,000 | -6,200,000 | |||||||||||||||
Police User Fees | 0 | 0 | 0 | |||||||||||||||||
Trade Licence 2.5% | 9,000,000 | 8,000,000 | 9,059,780 | 9,000,000 | 1,000,000 | |||||||||||||||
Miscellaneous Receipts | 20,000,000 | 23,577,000 | 18,573,173 | 22,000,000 | -1,577,000 | |||||||||||||||
Firearm Licensing Authority User Fees | 0 | 2,648,335 | 0 | |||||||||||||||||
Net Service Charge for services rendered by Excise Officers | 0 | 0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-TAX ADMINISTRATION OF JAMAICA | 290,581,000 | 315,616,000 | 243,534,401 | 301,640,000 | -13,976,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF NATIONAL SECURITY | ||||||||||||||||||||
Sale of Services- CRDC | 0 | 15,012,000 | 15,012,000 | 0 | ||||||||||||||||
Miscelleanous Receipts | 50,750,000 | 15,000,000 | 36,292,786 | 15,000,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF NATIONAL SECURITY | 50,750,000 | 30,012,000 | 36,292,786 | 30,012,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
JAMAICA DEFENCE FORCE | ||||||||||||||||||||
Rental of Lettings (Land and Buildings) Soldier’s Contribution | 20,000,000 | 1,000,000 | 1,000,000 | 0 | ||||||||||||||||
Soldiers’ Contribution to various services | 201,000,000 | 3,500,000 | 3,500,000 | 0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-JAMAICA DEFENCE FORCE | 221,000,000 | 4,500,000 | 0 | 4,500,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
POLICE DEPARTMENT | ||||||||||||||||||||
Police Certificates | 425,000,000 | 482,369,000 | 29,748,000 | 35,000,000 | -447,369,000 | |||||||||||||||
Finger Print Search | 0 | 461,000,000 | 151,629,000 | 185,324,333 | -275,675,667 |
4
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
REVENUE ITEM DESCRIPTION | Consolidated Fund Receipts 2019/2020 (‘1) | Estimates 2020/2021 BUDGET (‘2) | Consolidated Fund Receipts 2020/2021 (as at Dec-20) (‘3) | Estimates 2021/2022 BUDGET (‘4) | Budget Increase(+) / Decrease (-) [(4)-(2)] (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
Pension Contributions: Constabulary | 0 | 0 | ||||||||||||||||||
Pension Contributions: Special Constables | 0 | 0 | ||||||||||||||||||
Accident Report | 33,612,000 | 18,687,000 | 3,000 | 24,772,450 | 6,085,450 | |||||||||||||||
Miscellaneous Receipts | 76,650,000 | 31,173,880 | 29,927,435 | 48,766,372 | 17,592,492 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-POLICE DEPARTMENT | 535,262,000 | 993,229,880 | 211,307,435 | 293,863,155 | -699,366,725 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
DEPARTMENT OF CORRECTIONAL SERVICES | ||||||||||||||||||||
Sundry Fines and Contribution | 900,000 | 1,222,000 | 2,177,544 | 1,222,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-DEPARTMENT OF CORRECTIONAL SERVICES | 900,000 | 1,222,000 | 2,177,544 | 1,222,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
PASSPORT, IMMIGRATION AND CITIZENSHIP AGENCY | ||||||||||||||||||||
Passport Services | 1,907,267,275 | 0 | ||||||||||||||||||
Citizenship Services | 72,821,634 | 0 | ||||||||||||||||||
Immigration Services | 436,251,552 | 0 | ||||||||||||||||||
Miscelleanous Fees | 170,000,000 | 0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-PASSPORT, IMMIGRATION AND CITIZENSHIP AGENCY | 2,586,340,461 | 0 | 0 | 0 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF JUSTICE | ||||||||||||||||||||
Traffic Fines | 225,578,000 | 153,228,728 | 150,000,000 | -3,228,728 | ||||||||||||||||
Other Court Fines | 366,000 | 1,442,362 | 16,500 | -1,442,362 | ||||||||||||||||
Sale of Revised Laws of Jamaica to the Private Sector | 0 | 0 | ||||||||||||||||||
Forfeited Recognizances (Funds) | 0 | 0 | ||||||||||||||||||
Sale of Marriage Licences | 0 | 0 | ||||||||||||||||||
Miscellaneous Receipts | 184,517,000 | 176,048,500 | 83,465,877 | 152,259,465 | -23,789,035 | |||||||||||||||
Tender Documents | 0 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF JUSTICE | 410,461,000 | 330,719,590 | 83,482,377 | 302,259,465 | -28,460,125 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
ADMINISTRATOR GENERAL’S DEPARTMENT | ||||||||||||||||||||
Charges for Administering Intestate Estate (50% of Gross Receipts) | 0 | 10,000,000 | 10,000,000 | |||||||||||||||||
Bona Vacantia and Unclaimed Balances | 2,000,000 | 2,000,000 | 2,000,000 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-ADMINISTRATOR GENERAL’S DEPARTMENT | 2,000,000 | 0 | 0 | 12,000,000 | 12,000,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF FOREIGN AFFAIRS AND FOREIGN TRADE | ||||||||||||||||||||
Visa Fees from Overseas Missions | 10,203,276 | 2,567,463 | 2,746,448 | 178,985 | ||||||||||||||||
Authentication fees | 6,802,184 | 1,711,642 | 1,394,329 | 1,830,965 | 119,323 | |||||||||||||||
Rush fees | 1,700,546 | 427,911 | 457,741 | 29,830 | ||||||||||||||||
Consul fees | 9,523,058 | 2,396,299 | 171,351 | 2,563,351 | 167,052 | |||||||||||||||
Postage fees | 0 | 342,328 | 366,193 | 23,865 | ||||||||||||||||
Miscellaneous Receipts | 5,781,857 | 1,112,567 | 66,290,273 | 1,190,127 | 77,560 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF FOREIGN AFFAIRS AND FOREIGN TRADE | 34,010,921 | 8,558,210 | 67,855,953 | 9,154,825 | 596,615 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF LABOUR AND SOCIAL SECURITY | ||||||||||||||||||||
Reimbursement - NIS | 820,962,000 | 735,011,000 | 327,873,771 | 645,604,306 | -89,406,694 | |||||||||||||||
Fees - Factories Registration Act | 2,117,031 | 1,587,664 | 1,406,980 | 1,280,000 | -307,664 | |||||||||||||||
Fees - Employment Agencies Registration Act | 317,143 | 610,000 | 425,010 | 190,000 | -420,000 | |||||||||||||||
Fees - Recruiting of Workers Act | 0 | 0 | ||||||||||||||||||
Work Permit | 1,100,000,000 | 1,400,000,000 | 360,497,142 | 800,000,000 | -600,000,000 | |||||||||||||||
Miscellaneous Receipts | 3,079,306 | 700,000 | 272,899,315 | 7,744,295 | 7,044,295 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF LABOUR AND SOCIAL SECURITY | 1,926,475,480 | 2,137,908,664 | 963,102,219 | 1,454,818,601 | -683,090,063 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF EDUCATION, YOUTH AND CULTURE | ||||||||||||||||||||
Fees from Jamaica School Certificate Examinations | 200,000 | |||||||||||||||||||
Rental of EDDC and other Buildings | 6,000,000 | 3,000,000 | 401,400 | 1,200,000 | -1,800,000 | |||||||||||||||
Repayment of Bonds by Teachers | 12,000,000 | 12,000,000 | 465,583 | 1,800,000 | -10,200,000 | |||||||||||||||
Transcripts | 12,000 | 60,000 | 600 | 7,200 | -52,800 | |||||||||||||||
Recovery of Previous years Expenditure | 12,000,000 | 12,000,000 | 3,636,002 | 7,200,000 | -4,800,000 | |||||||||||||||
Miscellaneous Receipts | 10,000,000 | 10,000,000 | 55,693,519 | 23,000,000 | 13,000,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF EDUCATION, YOUTH AND CULTURE | 40,212,000 | 37,060,000 | 60,197,104 | 33,207,200 | -3,852,800 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
5
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
Consolidated | Budget | |||||||||||||||||||
Consolidated | Estimates | Fund Receipts | Estimates | Increase(+) / | ||||||||||||||||
Fund Receipts | 2020/2021 | 2020/2021 | 2021/2022 | Decrease(-) | ||||||||||||||||
2019/2020 | BUDGET | (as at Dec-20) | BUDGET | [(4)-(2)] | ||||||||||||||||
REVENUE ITEM DESCRIPTION | (‘1) | (‘2) | (‘3) | (‘4) | (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
MINISTRY OF HEALTH | ||||||||||||||||||||
Registration of Pharmacies and Pharmacists | 480,000 | |||||||||||||||||||
Registration of Drugs | 12,000,000 | 36,000,000 | 80,000,000 | 44,000,000 | ||||||||||||||||
Parents Contribution toward Maintenance of Children in Children’s Home | 0 | 0 | ||||||||||||||||||
Drug Permits | 4,200,000 | 36,000,000 | 60,000,000 | 24,000,000 | ||||||||||||||||
Miscellaneous Receipts | 240,000 | 2,160,000 | 27,724,569 | 3,200,000 | 1,040,000 | |||||||||||||||
Advisory Panel on Ethics (Research Proposal) | 216,000 | 216,000 | 540,000 | 324,000 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF HEALTH | 17,136,000 | 74,376,000 | 27,724,569 | 143,740,000 | 69,364,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
GOVERNMENT CHEMIST | ||||||||||||||||||||
Fees from Laboratory analyses | 1,008,000 | 1,008,000 | 538,065 | 1,008,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-GOVERNMENT CHEMIST | 1,008,000 | 1,008,000 | 538,065 | 1,008,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF CULTURE, GENDER, ENTERTAINMENT AND SPORTS | ||||||||||||||||||||
Irrevocable Order | 0 | 0 | 0 | |||||||||||||||||
Miscelleanous Receipts | 115,000 | 350,000 | 75,118 | 115,000 | -235,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF CULTURE, GENDER, ENTERTAINMENT AND SPORTS | 115,000 | 350,000 | 75,118 | 115,000 | -235,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF INDUSTRY COMMERCE AGRICULTURE AND FISHERIES | ||||||||||||||||||||
Agricultural Land Management Division | 1,600,000 | 1,600,000 | -1,600,000 | |||||||||||||||||
Miscelleanous Receipts | 0 | 62,834,362 | 0 | |||||||||||||||||
Other Receipts from Agricultural Stations | 0 | 12,262,392 | -12,262,392 | |||||||||||||||||
Receipts from sundry and other receipts | 6,500 | 0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF INDUSTRY COMMERCE AGRICULTURE AND FISHERIES | 1,606,500 | 13,862,392 | 62,834,362 | 0 | -13,862,392 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF AGRICULTURE AND FISHERIES | ||||||||||||||||||||
Receipts from sundry and other receipts | 0 | 0 | ||||||||||||||||||
Agricultural Land Management Division | 0 | 0 | 0 | |||||||||||||||||
Miscelleanous Receipts | 0 | 0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF AGRICULTURE AND FISHERIES | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF INDUSTRY AND COMMERCE | ||||||||||||||||||||
Miscelleanous Receipts | 0 | |||||||||||||||||||
Other Receipt | 0 | 60,000 | 60,000 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF INDUSTRY AND COMMERCE | 0 | 0 | 0 | 60,000 | 60,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
FOOD PROTECTION, INSPECTION AND DEINFESTATION DIVISION | ||||||||||||||||||||
Food Protection, Inspection & Deinfestation Division - Sundry Fees | 10,000,000 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-FOOD STORAGE AND PREVENTION OF INVESTATION DIVISION | 10,000,000 | 0 | 0 | 0 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
OFFICE OF THE GOVERNMENT TRUSTEE | ||||||||||||||||||||
Commission on Dividend Payment | 1,237,387 | 1,368,414 | 1,233,310 | -135,104 | ||||||||||||||||
Legal fees and charges against the Bankruptcy | 5,347,500 | 2,274,000 | 3,849,000 | 1,575,000 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-OFFICE OF THE GOVERNMENT TRUSTEE | 6,584,887 | 3,642,414 | 0 | 5,082,310 | 1,439,896 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
OFFICE OF THE SUPERVISOR OF INSOLVENCY | ||||||||||||||||||||
Insolvency Status Verification | 2,520,000 | 3,000,000 | 3,300,000 | 300,000 | ||||||||||||||||
Trustee Application Fee | 80,000 | 100,000 | 100,000 | 0 | ||||||||||||||||
Trustee Licence Fee | 480,000 | 150,000 | 150,000 | 0 | ||||||||||||||||
Trustee License Renewal | 2,000 | 2,000 | 30,000 | 28,000 | ||||||||||||||||
Miscellaneous Receipts | 10,000 | 20,000 | 75,000 | 20,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-OFFICE OF THE SUPERVISOR OF INSOLVENCY | 3,092,000 | 3,272,000 | 75,000 | 3,600,000 | 328,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TRADE BOARD | ||||||||||||||||||||
Certification Fees | 7,401,680 | 7,122,951 | 6,474,078 | -648,873 | ||||||||||||||||
Dealers Registration / Licensing Fees | 0 | 0 |
6
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
REVENUE ITEM DESCRIPTION | Consolidated Fund Receipts 2019/2020 (‘1) | Estimates 2020/2021 BUDGET (‘2) | Consolidated Fund Receipts 2020/2021 (as at Dec-20) (‘3) | Estimates 2021/2022 BUDGET (‘4) | Budget Increase(+) / Decrease (-) [(4)-(2)] (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
Scrap Metal | 4,664,799 | 4,534,758 | 4,528,366 | -6,392 | ||||||||||||||||
Car Dealers Registration | 48,500,000 | 61,158,500 | 48,400,160 | -12,758,340 | ||||||||||||||||
Collateral Letter | 4,162,500 | 4,519,500 | 4,067,550 | -451,950 | ||||||||||||||||
Letter of Transfer | 1,916,000 | 1,922,000 | 2,775,350 | 853,350 | ||||||||||||||||
Miscellaneous Receipts | 52,228,196 | 62,995,488 | 55,612,597 | -7,382,891 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-TRADE BOARD | 118,873,175 | 142,253,197 | 0 | 121,858,101 | -20,395,096 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
DEPARTMENT OF COOPERATIVE AND FRIENDLY SOCIETIES | ||||||||||||||||||||
Amendment to Rules Fees | 30,000 | 30,000 | 30,000 | 0 | ||||||||||||||||
Registration Fees-Cooperative & Friendly Society | 120,000 | 120,000 | 70,000 | -50,000 | ||||||||||||||||
Registration of Special Resolution | 0 | 0 | ||||||||||||||||||
Arbitration | 50,000 | 50,000 | 40,000 | -10,000 | ||||||||||||||||
Training | 270,000 | 270,000 | 157,500 | -112,500 | ||||||||||||||||
Registration of change in office to include registration of Branch Office with IP Societies | 0 | 0 | ||||||||||||||||||
Annual Fees for IP Societies | 300,000 | 300,000 | 350,000 | 50,000 | ||||||||||||||||
Miscellaneous Receipts | 105,000 | 105,000 | 389,090 | 125,000 | 20,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-DEPARTMENT OF COOPERATIVE AND FRIENDLY SOCIETIES | 875,000 | 875,000 | 389,090 | 772,500 | -102,500 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
COMPANIES OFFICE OF JAMAICA | ||||||||||||||||||||
Fees for Registration of Companies (50% of Surplus to Consolidated Fund) | 331,842,475 | 336,537,133 | 336,537,133 | |||||||||||||||||
Fees for Registration of Business Names (50% Surplus to Consolidated Fund) | 63,094,971 | 95,886,516 | 95,886,516 | |||||||||||||||||
Miscellaneous receipts | 74,647,574 | 197,620,617 | 197,620,617 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-COMPANIES OFFICE OF JAMAICA | 469,585,020 | 0 | 0 | 630,044,266 | 630,044,266 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
JAMAICA INTELLECTUAL PROPERTY OFFICE | ||||||||||||||||||||
Fees for Registration of Trademark | 80,581,000 | 36,311,576 | 82,703,300 | 82,703,300 | ||||||||||||||||
Patent fees | 45,000 | 10,000 | 19,830 | 1,205,072 | 1,195,072 | |||||||||||||||
Design Fees | 216,500 | 262,500 | 131,950 | 725,000 | 462,500 | |||||||||||||||
Search Fees | 398,200 | 402,600 | 5,173,400 | 440,000 | 37,400 | |||||||||||||||
Trade Mark Journal | 422,400 | 0 | 96,800 | 0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Trade Mark Publication | 5,011,600 | 5,062,200 | 2,761,000 | 5,005,000 | -57,200 | |||||||||||||||
Geographical Indication Registration | 30,000 | 30,000 | 0 | 30,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Copyright-GDA Registration | 461,450 | 444,000 | 295,475 | 621,000 | 177,000 | |||||||||||||||
Madrid Treaty Registration | 0 | 0 | ||||||||||||||||||
Patent Corporation Treaty Registration | 125,000 | 60,000 | 60,000 | |||||||||||||||||
Miscellaneous receipts | 0 | 84,360,900 | 6,646,506 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-JAMAICA INTELLECTUAL PROPERTY OFFICE | 87,291,150 | 90,572,200 | 51,436,537 | 90,789,372 | 84,578,072 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF SCIENCE ENERGY TECHNOLOGY AND TELECOMMUNICATION | ||||||||||||||||||||
Fees-Electric Lighting Act | 0 | 16,000,000 | 11,365,498 | 22,018,000 | 6,018,000 | |||||||||||||||
Miscelleanous Receipts | 0 | 796,001,000 | 45,814,129 | 104,554,000 | -691,447,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF SCIENCE ENERGY TECHNOLOGY AND TELECOMMUNICATION | 0 | 812,001,000 | 57,179,627 | 126,572,000 | -685,429,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
SCIENTIFIC RESEARCH COUNCIL | ||||||||||||||||||||
Information Services | 0 | |||||||||||||||||||
Process Development | 0 | |||||||||||||||||||
Product Research and Development | 0 | 86,408,000 | 72,878,297 | -13,529,703 | ||||||||||||||||
Promotion and Distribution of Products | 0 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAl-SEIENTIFIC RESEARCH COUNCIL | 0 | 86,408,000 | 0 | 72,878,297 | -13,529,703 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
POST AND TELECOMMUNICATION DEPARTMENT | ||||||||||||||||||||
Sales of Stamps | 174,335,000 | 174,335,000 | 58,251,836 | 160,000,000 | -14,335,000 | |||||||||||||||
Postage, Prepayment | 550,000,000 | 680,000,000 | 114,409,566 | 580,000,000 | -100,000,000 | |||||||||||||||
Commission on Money Order and Postal Orders | 0 | 300,000 | 300,000 | |||||||||||||||||
C.O.D. and Customs Clearance Fees on Parcels | 4,000,000 | 4,000,000 | 686,000 | 2,100,000 | -1,900,000 | |||||||||||||||
Shares of Postage on Parcels | 0 | 0 | ||||||||||||||||||
Rental of Property | 13,976,000 | 13,976,000 | 5,665,306 | 29,250,000 | 15,274,000 | |||||||||||||||
Rental of Letter Boxes and Bags | 23,908,000 | 23,908,000 | 3,987,306 | 29,000,000 | 5,092,000 |
7
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
Consolidated | Budget | |||||||||||||||||||
Consolidated | Estimates | Fund Receipts | Estimates | Increase(+) / | ||||||||||||||||
Fund Receipts | 2020/2021 | 2020/2021 | 2021/2022 | Decrease (-) | ||||||||||||||||
2019/2020 | BUDGET | (as at Dec-20) | BUDGET | [(4)-(2)] | ||||||||||||||||
REVENUE ITEM DESCRIPTION | (‘1) | (‘2) | (‘3) | (‘4) | (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
Terminal Dues / Postal Administrations and Airlines | 30,500,000 | 30,500,000 | 11,000,000 | -19,500,000 | ||||||||||||||||
Express Mail | 58,960,000 | 28,960,000 | 1,535,890 | 15,000,000 | -13,960,000 | |||||||||||||||
Other Postal Business | 10,000,000 | 10,000,000 | 3,985,459 | 8,000,000 | -2,000,000 | |||||||||||||||
Commission fees from Jamaica National Small Business | 5,500,000 | 5,500,000 | 3,314,676 | 6,300,000 | 800,000 | |||||||||||||||
Commission Fees from Ministry of Labour and Social Security for handling Welfare Payments | 120,167,000 | 120,167,000 | 120,000,000 | -167,000 | ||||||||||||||||
Commission on the sale of Ministry of Water & Housing Water Tank and Water Coupons | 0 | 0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-POST AND TELECOMMUNICATION DEPARTMENT | 991,346,000 | 1,091,346,000 | 191,836,038 | 960,950,000 | -130,396,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF TRANSPORT AND WORKS | ||||||||||||||||||||
Tender Documents | 60,000 | 60,000 | 27,000 | -33,000 | ||||||||||||||||
Other Receipts | 70,000 | 147,000 | 13,000 | -134,000 | ||||||||||||||||
Miscelleanous Receipts | 50,000 | 19,000 | 267,497,167 | 125,000 | 106,000 | |||||||||||||||
Bluefield Guest House | 0 | 0 | ||||||||||||||||||
On and Off Trailer Plates | 0 | 0 | ||||||||||||||||||
De- earmarked - Civil Aviation Authority | 5,775,245,615 | 6,565,911,887 | 7,030,514,524 | 3,126,478,000 | -3,439,433,887 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF TRANSPORT AND WORKS | 5,775,425,615 | 6,566,137,887 | 7,298,011,692 | 3,126,643,000 | -3,439,494,887 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINES AND GEOLOGY | ||||||||||||||||||||
Application for Export Permits | 700,000 | |||||||||||||||||||
Library Publication | 180,000 | |||||||||||||||||||
Receipts from issue of Sundry Permits | 20,000 | 720,000 | 520,000 | -200,000 | ||||||||||||||||
Laboratory Analysis - Metallic Minerals | 9,500,000 | 12,000,000 | 10,000,000 | -2,000,000 | ||||||||||||||||
Miscellaneous Receipts | 6,500,000 | 8,220,000 | 4,016,035 | 5,020,000 | -3,200,000 | |||||||||||||||
Royalties-Bauxite | 760,000,000 | 560,000,000 | 404,282,934 | 519,000,000 | -41,000,000 | |||||||||||||||
Royalties-Limestone | 40,000,000 | 40,000,000 | 3,993,680 | 31,000,000 | -9,000,000 | |||||||||||||||
Royalties-Marble | 0 | 0 | ||||||||||||||||||
Blasting Inspections | 850,000 | 800,000 | 394,100 | 850,000 | 50,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINES AND GEOLOGY | 817,750,000 | 621,740,000 | 412,686,749 | 566,390,000 | -55,350,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MINISTRY OF LOCAL GOVERNMENT AND COMMUNITY DEVELOPMENT | ||||||||||||||||||||
Fire Inspection Fees | 0 | 0 | ||||||||||||||||||
Tender Document Fees | 8,000 | 8,000 | 34,000 | 26,000 | ||||||||||||||||
Repairs of Fire Hydrants | 0 | 0 | ||||||||||||||||||
Permission to Host events | 0 | 0 | ||||||||||||||||||
Fines | 0 | 0 | ||||||||||||||||||
6% Pension Contribution - Councillors | 0 | 0 | ||||||||||||||||||
Miscellaneous Receipts | 809,776 | 420,000 | 10,608,538 | 75,750 | -344,250 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-MINISTRY OF LOCAL GOVERNMENT AND COMMUNITY DEVELOPMENT | 817,776 | 428,000 | 10,608,538 | 109,750 | -318,250 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
JAMAICA FIRE BRIGADE | ||||||||||||||||||||
Fire Certification & Application | 0 | |||||||||||||||||||
Training of Safety Monitor & Demonstration | 0 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL - JAMAICA FIRE BRIGADE | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
MISCELLEANOUS RECEIPTS (UNCLASSIFIED) | 5,118,926,731 | |||||||||||||||||||
TOTAL NON TAX REVENUE | 59,600,575,965 | 67,290,901,000 | 59,283,166,688 | 94,185,200,000 | 27,032,008,900 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL RECURRENT REVENUE | 625,478,884,969 | 656,098,126,493 | 404,696,353,857 | 666,646,488,760 | 10,686,072,168 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
CAPITAL REVENUE | ||||||||||||||||||||
LAND SALES | ||||||||||||||||||||
Crown Property Sales | 36,322,500 | 214,421,773 | -214,421,773 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-LAND SALES | 36,322,500 | 214,421,773 | 0 | 0 | -214,421,773 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
LOAN REPAYMENTS | ||||||||||||||||||||
Miscellaneous | 3,083,500,000 | 121,578,227 | 436,268,433 | 96,419,057 | -25,159,170 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL LOAN REPAYMENTS | 3,083,500,000 | 121,578,227 | 436,268,433 | 96,419,057 | -25,159,170 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
8
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
Consolidated | Budget | |||||||||||||||||||
Consolidated | Estimates | Fund Receipts | Estimates | Increase(+) / | ||||||||||||||||
Fund Receipts | 2020/2021 | 2020/2021 | 2021/2022 | Decrease(-) | ||||||||||||||||
2019/2020 | BUDGET | (as at Dec-20) | BUDGET | [(4)-(2)] | ||||||||||||||||
REVENUE ITEM DESCRIPTION | (‘1) | (‘2) | (‘3) | (‘4) | (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
EXTRAORDINARY RECEIPTS | 0 | |||||||||||||||||||
Miscelleanous | 18,552,943,708 | |||||||||||||||||||
PCDF Other Inflow | 8,193,000,000 | 3,310,253,046 | 4,348,700 ,000 | -3,844,300,000 | ||||||||||||||||
Proceeds from Divestment | 0 | 24,000,000,000 | -24,000,000,000 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-EXTRAORDINARY RECEIPTS | 18,552,943,708 | 32,193,000,000 | 3,310,253,046 | 4,348,700,000 | -27,844,300,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL CAPITAL REVENUE | 21,672,766,208 | 32,529,000,000 | 3,746,521,480 | 4,445,119,057 | -28,083,880,943 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
GRANTS | ||||||||||||||||||||
TRANSFER FROM CAPITAL DEVELOPMENT FUND | ||||||||||||||||||||
Transfer to Current Account | 130,900,000 | 135,700,000 | 148,700,000 | 13,000,000 | ||||||||||||||||
Transfers in lieu of Income Tax from Alumina Producers | 0 | 0 | ||||||||||||||||||
Others | 0 | 0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-TRANSFER TO CAPITAL ACCOUNT | 130,900,000 | 135,700,000 | 0 | 148,700,000 | 0 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
EXTERNAL GRANTS | ||||||||||||||||||||
European Union | 0 | 0 | 3,406,627,613 | 2,816,000,000 | ||||||||||||||||
Miscelleanous Grants | 0 | 2,987,000,000 | 2,443,825,413 | 2,960,800,000 | -26,200,000 | |||||||||||||||
Other Grants | 5,635,485,000 | 1,350,323,510 | -1,350,323,510 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL EXTERNAL GRANTS | 5,635,485,000 | 4,337,323,510 | 5,850,453,026 | 5,776,800,000 | -1,376,523,510 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL GRANTS | 5,766,385,000 | 4,473,023,510 | 5,850,453,026 | 5,925,500,000 | -1,376,523,510 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
EXTERNAL LOANS | ||||||||||||||||||||
Multilateral | ||||||||||||||||||||
Loans to be raised under Act 39 of 1964 | ||||||||||||||||||||
World Bank Loans | 0 | 4,070,100,000 | 2,886,368,189 | 7,434,000,000 | 3,363,900,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Inter-American Development Bank | 36,944,300,000 | 10,175,250,000 | 18,036,736,584 | 14,868,000,000 | 4,692,750,000 | |||||||||||||||
USAID | 0 | 0 | 0 | |||||||||||||||||
Caribbean Development Bank | 0 | 0 | 0 | |||||||||||||||||
European Union | 0 | 0 | 0 | |||||||||||||||||
World Bank/IDB | 0 | 0 | 0 | |||||||||||||||||
IFID | 0 | 0 | 12,075,426 | 0 | ||||||||||||||||
OECF/USAID | 0 | 0 | 0 | |||||||||||||||||
OPEC | 0 | 0 | 0 | |||||||||||||||||
OECF | 0 | 0 | 0 | |||||||||||||||||
IMF | 0 | 0 | 1,199,731,000 | 0 | ||||||||||||||||
IBRD | 9,310,000,000 | 5,689,410,000 | 4,375,487,000 | -5,689,410,000 | ||||||||||||||||
Other | 0 | 6,499,170,000 | -6,499,170,000 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Multilateral Loans | 46,254,300,000 | 26,433,930,000 | 26,510,398,200 | 22,302,000,000 | -4,131,930,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Bilateral | ||||||||||||||||||||
Government of China | 0 | 7,944,570,000 | 5,901,583,965 | -7,944,570,000 | ||||||||||||||||
Government of Germany | 0 | 0 | ||||||||||||||||||
JBIC | 0 | 0 | ||||||||||||||||||
Kuwait | 0 | 0 | ||||||||||||||||||
Saudi | 0 | 0 | ||||||||||||||||||
PL480 | 0 | 0 | ||||||||||||||||||
Other | 0 | 0 | ||||||||||||||||||
Other Loans | 0 | 0 | ||||||||||||||||||
Capital Market | 0 | 0 | ||||||||||||||||||
Other | 0 | 0 | 18,024,100,000 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Total Bilateral Loans | 0 | 7,944,570,000 | 5,901,583,965 | 18,024,100,000 | -7,944,570,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-EXTERNAL LOANS | 46,254,300,000 | 34,378,500,000 | 32,411,982,165 | 40,326,100,000 | -12,076,500,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
DOMESTIC LOANS | ||||||||||||||||||||
Local Commercial Banking Sector | 0 | 0 | ||||||||||||||||||
Benchmark Notes & Treasury Bills | 56,670,410,000 | 109,224,430,000 | 139,084,690,000 | 89,979,500,000 | -19,244,930,000 | |||||||||||||||
Indexed Bonds & US$ Loans | 0 | 0 | 0 | |||||||||||||||||
Other | 0 | 0 | 0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL-DOMESTIC LOANS | 56,670,410,000 | 109,224,430,000 | 139,084,690,000 | 89,979,500,000 | -19,244,930,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
TOTAL LOANS | 102,924,710,000 | 143,602,930,000 | 171,496,672,165 | 130,305,600,000 | -31,321,430,000 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
9
2021/2022 JAMAICA BUDGET
STATEMENT II
DETAILS OF REVENUE AND LOAN RECEIPTS
REVENUE ITEM DESCRIPTION | Consolidated Fund Receipts 2019/2020 (‘1) | Estimates 2020/2021 BUDGET (‘2) | Consolidated Fund Receipts 2020/2021 (as at Dec-20) (‘3) | Estimates 2021/2022 BUDGET (‘4) | Budget Increase(+) / Decrease (-) [(4)-(2)] (‘5) | |||||||||||||||
J$ | J$ | J$ | J$ | J$ | ||||||||||||||||
Consolidated | ||||||||||||||||||||
RECURRENT REVENUE | ||||||||||||||||||||
Tax Revenue | 565,878,309,004 | 588,807,225,493 | 345,413,187,169 | 572,461,288,760 | -22,928,916,489 | |||||||||||||||
Non Tax Revenue | 59,600,575,965 | 67,290,901,000 | 59,283,166,688 | 94,185,200,000 | -7,690,325,035 | |||||||||||||||
CAPITAL REVENUE | 21,672,766,208 | 32,529,000,000 | 3,746,521,480 | 4,445,119,057 | -10,856,233,792 | |||||||||||||||
GRANTS | ||||||||||||||||||||
Transfer from Capital Development Fund | 130,900,000 | 135,700,000 | 0 | 148,700,000 | -4,800,000 | |||||||||||||||
External Grants | 5,635,485,000 | 4,337,323,510 | 5,850,453,026 | 5,776,800,000 | 1,298,161,490 | |||||||||||||||
LOANS | 0 | |||||||||||||||||||
External Loans | 46,254,300,000 | 34,378,500,000 | 32,411,982,165 | 40,326,100,000 | 11,875,800,000 | |||||||||||||||
Domestic Loans | 56,670,410,000 | 109,224,430,000 | 139,084,690,000 | 89,979,500,000 | -52,554,020,000 | |||||||||||||||
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| |||||||||||
755,842,746,177 | 836,703,080,003 | 685,790,000,527 | 807,322,707,817 | -80,860,333,826 | ||||||||||||||||
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10
2021-2022 JAMAICA BUDGET
STATEMENT III
Summary of Revenue Estimates and Estimates of Expenditure for the Year 2021-2022
$’000
RECURRENT
REVENUE | EXPENDITURE | |||||||||
Estimates, 2021/2022 | Estimates, 2021/2022 | |||||||||
I RECURRENT REVENUE | RECURRENT EXPENDITURE | |||||||||
Customs | 47,200,478,898.81 | His Excellency the Governor-General and Staff | 368,189,000.00 | |||||||
Income Tax | 166,511,866,961.88 | Houses of Parliament | 1,293,275,000.00 | |||||||
Stamp Duties | 7,453,051,806.39 | Office of the Public Defender | 157,771,000.00 | |||||||
Motor Vehicle Licences(Motor Vehicle Act) | 4,745,650,759.68 | Auditor General | 938,587,000.00 | |||||||
Other Licences | 610,748,119.03 | Office of the Services Commissions | 371,134,000.00 | |||||||
Travel Tax | 4,880,720,000.45 | Office of the Children’s Advocate | 202,377,000.00 | |||||||
Betting, Gaming and Lotteries-Duties, Fees and Levies | 7,333,722,323.40 | Independent Commission of Investigations | 691,288,000.00 | |||||||
Education Tax | 34,219,754,197.54 | Integrity Commission | 923,650,000.00 | |||||||
Contractors Levy | 2,119,444,443.32 | Office of the Prime Minister | 8,150,130,000.00 | |||||||
General Consumption Tax | 203,317,336,613.88 | Office of the Cabinet | 1,041,675,000.00 | |||||||
Special Consumption Tax | 83,987,786,400.00 | Ministry of Tourism | 10,971,360,000.00 | |||||||
Environmental Levy | 4,214,401,525.43 | Ministry of Economic Growth and Job Creation | 15,229,210,000.00 | |||||||
Telephone Call Tax | 3,354,650,876.00 | Ministry of Finance and Public Service | 388,932,737,000.00 | |||||||
Guest Accomodation Room Tax | 645,600,000.00 | Ministry of Housing, Urban Renewal, Environment and Climate Change | 2,988,890,000.00 | |||||||
Minimum Business Tax | — | Ministry of National Security | 84,378,117,000.00 | |||||||
Quarry Tax | 84,185,845.89 | Ministry of Justice | 9,508,744,000.00 | |||||||
Import Licences-Trade Board | 304,929,988.00 | Ministry of Foreign Affairs and Foreign Trade | 4,595,380,000.00 | |||||||
Telecommunication Licences | 1,476,960,000.00 | Ministry of Labour and Social Security | 13,652,216,000.00 | |||||||
Ministry of Education, Youth and Education | 117,794,351,000.00 | |||||||||
TOTAL TAX REVENUE | 572,461,288,759.70 | Ministry of Health and Wellness | 87,124,354,000.00 | |||||||
Ministry of Culture, Gender, Entertainment and Sport | 3,929,343,000.00 | |||||||||
Ministry of Agriculture and Fisheries | 9,652,912,000.00 | |||||||||
NON-TAX REVENUE | 94,185,200,000.42 | Ministry of Industry, Investment and Commerce | 4,165,785,000.00 | |||||||
Ministry of Science, Energy and Technology | 9,742,418,000.00 | |||||||||
SUBTOTAL NON TAX REVENUE | 94,185,200,000.42 | Ministry of Transport and Mining | 11,934,479,000.00 | |||||||
Ministry of Local Government and Rural Development | 17,372,589,000.00 | |||||||||
TRANSFERS FROM CAPITAL DEVELOPMENT FUND | 148,700,000.00 | GROSS TOTAL | 806,110,961,000.00 | |||||||
Less Appropriations-ln-Aid | 29,531,392,000.00 | |||||||||
TOTAL RECURRENT REVENUE | 666,795,188,760 | TOTAL RECURRENT EXPENDITURE | 776,579,569,000.00 | |||||||
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|
|
|
11
2021-2022 JAMAICA BUDGET
STATEMENT III
Summary of Revenue Estimates and Estimates of Expenditure for the Year 2021-2022
$’000
CAPITAL
REVENUE | EXPENDITURE | |||||||||
Estimates, 2021/2022 | Estimates, 2021/2022 | |||||||||
CAPITAL REVENUE | CAPITAL EXPENDITURE | |||||||||
Land Sales | Office of the Prime Minister | 5,878,657,000.00 | ||||||||
Loan Repayments | 96,419,057.05 | Ministry of Economic Growth and Job Creation | 20,383,298,000.00 | |||||||
Extraordinary Receipts: Miscelleanous | 4,348,700,000.00 | Ministry of Finance and Public Service | 12,415,683,000.00 | |||||||
Ministry of Housing, Urban Renewal, Environment and Climate Change | 309,939,000.00 | |||||||||
Subt Total Capital Revenue | 4,445,119,057.05 | Ministry of National Security | 6,480,397,000.00 | |||||||
Ministry of Justice | 520,000,000.00 | |||||||||
Ministry of Labour and Social Security | 81,094,000.00 | |||||||||
External Loans | Ministry of Education, Youth and Education | 1,163,000,000.00 | ||||||||
Ministry of Health and Wellness | 2,714,648,000.00 | |||||||||
(A) Multilateral | Ministry of Agriculture and Fisheries | 1,286,052,000.00 | ||||||||
Ministry of Industry, Investment and Commerce | 349,697,000.00 | |||||||||
World Bank Loans | 7,434,000,000.00 | Ministry of Science, Energy and Technology | 313,503,000.00 | |||||||
Inter-American Development Bank | 14,868,000,000.00 | Ministry of Local Government and Rural Development | 2,305,350,000.00 | |||||||
USAID | — | |||||||||
Caribbean Development Bank | — | |||||||||
European Union | — | |||||||||
World Bank/IDB | — | |||||||||
IFID | — | |||||||||
OECF/USAID | — | |||||||||
OPEC | — | |||||||||
OECF | — | |||||||||
IMF | — | |||||||||
IBRD | — | |||||||||
Other | — | |||||||||
GROSS TOTAL | 54,201,318,000.00 | |||||||||
Total Multilateral | 22,302,000,000.00 | |||||||||
Less Appropriations-ln-Aid | ||||||||||
(B) Bilateral | ||||||||||
TOTAL CAPITAL EXPENDITURE | 54,201,318,000.00 | |||||||||
|
| |||||||||
Government of China | — | |||||||||
Government of Germany | — | |||||||||
JBIC | — | |||||||||
Kuwait | — | |||||||||
Saudi | — | |||||||||
PL480 | — | |||||||||
Other | 18,024,100,000.00 | |||||||||
Total Bilateral | 18,024,100,000.00 | |||||||||
(C) Capital Market | ||||||||||
Total External Loans | 40,326,100,000.00 | |||||||||
Domestic Loans | ||||||||||
(D) Benchmark Notes & Treasury Bills | 89,979,500,000.00 | |||||||||
(E) Other | ||||||||||
Total Domestic Loan | 89,979,500,000.00 | |||||||||
Total External and Domestic Loans | 130,305,600,000.00 | |||||||||
|
|
12
2021-2022 JAMAICA BUDGET
STATEMENT III
Summary of Revenue Estimates and Estimates of Expenditure for the Year 2021-2022
$’000
SUMMARY
REVENUE | EXPENDITURE | |||||||||
Tax and Non Tax Revenue | 666,646,488,760.12 | Recurrent Estimates | 776,579,569,000.00 | |||||||
Capital Revenue | 4,445,119,057.05 | Capital Estimates | 54,201,318,000.00 | |||||||
Transfer from Capital Development Fund | 148,700,000.00 | |||||||||
Loan Funds ( Raised and to be Raised) | 130,305,600,000.00 | |||||||||
Grants | 5,776,800,000.00 | |||||||||
|
|
|
| |||||||
TOTAL RECEIPTS | 807,322,707,817.17 | TOTAL EXPENDITURE | 830,780,887,000.00 |
13
2021-2022 JAMAICA BUDGET
STATEMENT IV
Statement of the Financing of the Estimates of Expenditure for the Year 2021-2022
REVENUE | EXPENDITURE | |||||||||
Taxation Revenue | 572,461,288,759.70 | RECURRENT | ||||||||
Non-Tax Revenue | 94,185,200,000.42 | |||||||||
Transfer from the Capital Development Fund | 148,700,000.00 | Consolidated Fund Charges | 300,088,466,000.00 | |||||||
Voted Expenditure | 476,491,103,000.00 | |||||||||
TOTAL | 666,795,188,760.12 | Current Account Surplus | ||||||||
|
| |||||||||
Current Account Surplus | TOTAL | 776,579,569,000.00 | ||||||||
|
| |||||||||
Capital Revenue | 4,445,119,057.05 | |||||||||
Grants | 5,776,800,000.00 | |||||||||
Loan Funds | CAPITAL EXPENDITURE | |||||||||
(A) External Loans | Consolidated Fund Charges | |||||||||
Voted Expenditure | 54,201,318,000.00 | |||||||||
(i) Multilateral | 22,302,000,000.00 | |||||||||
(ii) Bilateral | ||||||||||
(iii) Other | 18,024,100,000.00 | |||||||||
Total External Loans | 40,326,100,000.00 | |||||||||
(B) Domestic Loans | 89,979,500,000.00 | |||||||||
TOTAL LOAN FUNDS | 130,305,600,000.00 | |||||||||
(C) Utilization of (Prior Year) Cash Balances | 23,458,179,182.83 | |||||||||
TOTAL | 830,780,887,000.00 | TOTAL | 830,780,887,000.00 | |||||||
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|
| �� |
14
2021-2022 JAMAICA BUDGET
STATEMENT V
STATEMENT OF STATUTORY EXPENDITURE CHARGED
TO THE CONSOLIDATED FUND
Head No. | Head of Estimates | Particulars of Service | Amount $’000 | Statutory Authority | ||||||
01000 | 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 | 273,398,000 | Section 12 of the Governor-General (Expenditure, Personal Staff, Tax Exemptions and Pensions) Act. | ||||||
02000 | Houses of Parliament | Salaries and Allowances of the Clerk and Deputy Clerk of the Senate and the House of Representatives. | 17,355,000 | Section 47 (8) of the Constitution of Jamaica. | ||||||
03000 | Office of the Public Defender | Salary and Allowances of the Public Defender. | 12,530,000 | Section 9 of the Public Defender Interim Act 33/1999 | ||||||
05000 | Auditor General | Salary of the Auditor General | 9,603,000 | Section 120-122 of the Constitution of Jamaica; Section 25-36 of the Financial Administration and Audit Act. | ||||||
06000 | Office of the Services Commissions | Salaries and Allowances of the Chairman and members of the Public Service Commissions. | 18,323,000 | Section 124 (8) of the Constitution of Jamaica. | ||||||
07000 | Office of the Children’s Advocate | Salary of the Children’s Advocate | 12,936,000 | The Child Care and Protection Act, First Schedule | ||||||
08000 | Independent Commission of Investigations | Salary of the Commissioner | 12,975,000 | The Independent Commission of Investigations Act, First Schedule | ||||||
09000 | Integrity Commission | Salaries and Allowances for the Commissioners of the Integrity Commission | 30,000,000 | Section 22 of the Integrity Commission Act | ||||||
20017 | Public Debt Servicing (Amortisation) | Payment for the amortisation of loans raised by the Government of Jamaica. | 146,258,500,000 | Section 119 of the Constitution of Jamaica | ||||||
20018 | Public Debt Servicing (Interest Payments) | Payment of interest, service charges and commitment fees in respect of the public debt of Jamaica. | 125,986,706,000 | Section 119 of the Constitution of Jamaica. | ||||||
20019 | Pensions | Public Officers Pensions, Gratuities and Monthly Allowances granted in pursuance of the provisions of the Pensions Act. | 9,779,541,000 | Section 4 of the Pensions Act. | ||||||
Jamaica Defence Force Pension | 2,033,000,000 | Defence (Retired, Pay Pensions and other Grants) Regulation, 1962 | ||||||||
Payment of Pensions and Gratuities to Teachers in accordance with the Pensions Act | 9,250,000,000 | The Pensions (Teachers) Act | ||||||||
Payment of Pensions, Gratuities or other allowances to Sub-Officers and Constables of the Police Force in accordance with the Constabulary Force Act | 4,552,000,000 | Constabulary Force 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. | 173,000,000 | Section 12 of the Retiring Allowances (Legislative Service) Act and Section 7 of the Pensions (Prime Minister) Act. |
15
2021-2022 JAMAICA BUDGET
STATEMENT V
STATEMENT OF STATUTORY EXPENDITURE CHARGED
TO THE CONSOLIDATED FUND
Head No. | Head of Estimates | Particulars of Service | Amount $’000 | Statutory Authority | ||||||
Refund of Family Benefits Contributions in accordance with the Provisions of the Pensions (Civil Service Family Benefits) Act. | 34,800,000 | Section 10 of the Pensions (Civil Service Family Benefits) Act. | ||||||||
Payment of Pensions in accordance with the Provisions of the Pensions (Civil Service Family Benefits) Act. | 459,000,000 | Pensions (Civil Service Family Benefits) Act. | ||||||||
Payment of Pensions to retired Parish Councillors and/or their widows in accordance with the provisions of the Retiring Allowances (Parish Councillors) Act | 83,579,000 | Parish Councillors Act 2005 | ||||||||
Payment of Pensions to the retired members of the Electoral Commission and their widows | 46,000,000 | The Pensions Act | ||||||||
Payment of Pensions to the retired Ombudsmen and their widows. | 5,000,000 | The Ombudsman Act | ||||||||
Governor-General’s Pension | 20,600,000 | Governor General Act | ||||||||
Payment of Pensions to the retired Contractor General and his widow in accordance with the Contractor General Act. | 26,600,000 | The Contractor General Act | ||||||||
Jamaica Agricultural Society Pensions | 6,220,000 | Provident Fund Act | ||||||||
Payment of Pensions to the former employees, Jamaica Railway Corporation. | 254,000,000 | Jamaica Railway Corporation (Pensions) Regulations | ||||||||
Total Pensions | 26,723,340,000.0 | |||||||||
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| |||||||||
28025 | Director of Public Prosecutions | Payment of Salary to the Director of Public Prosecutions | 9,100,000.0 | Section 95 (2) of the Constitution of Jamaica | ||||||
28058 | Judiciary | Payment of Salaries to the Judges of the Court of Appeal and the Supreme Court | 723,700,000.0 | Section 107 (1) of the Constitution of Jamaica | ||||||
Total | 300,088,466,000.0 | |||||||||
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16
2021-2022 Jamaica Budget
Estimates of Expenditure (Net of Appropriations-in-Aid)
$ ‘000 | Recurrent |
Head No. and Title | Actual (Provisional) Expenditure 2019-2020 | Approved Estimates 2020-2021 | Revised Estimates 2020-2021 | Estimates 2021-2022 | Projected Estimates 2022-2023 | Projected Estimates 2023-2024 | Projected Estimates 2024-2025 | |||||||||||||||||||||||
01000 | His Excellency the Governor General and Staff | 290,111.0 | 409,774.0 | 345,091.0 | 365,934.0 | 381,184.0 | 397,202.0 | 414,031.0 | ||||||||||||||||||||||
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| |||||||||||||||||
02000 | Houses of Parliament | 1,104,039.0 | 1,173,269.0 | 1,191,931.0 | 1,293,275.0 | 1,305,604.0 | 1,332,764.0 | 1,360,851.0 | ||||||||||||||||||||||
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|
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|
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|
|
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|
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|
| |||||||||||||||||
03000 | Office of the Public Defender | 143,650.0 | 131,096.0 | 151,873.0 | 157,771.0 | 160,718.0 | 163,789.0 | 166,990.0 | ||||||||||||||||||||||
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|
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|
| |||||||||||||||||
05000 | Auditor General | 905,108.0 | 1,023,764.0 | 896,283.0 | 933,587.0 | 939,766.0 | 964,263.0 | 989,713.0 | ||||||||||||||||||||||
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|
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|
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|
| |||||||||||||||||
06000 | Office of the Services Commissions | 292,111.0 | 353,172.0 | 331,735.0 | 371,134.0 | 344,856.0 | 351,813.0 | 358,985.0 | ||||||||||||||||||||||
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| |||||||||||||||||
07000 | Office of the Children’s Advocate | 201,331.0 | 207,234.0 | 190,470.0 | 202,377.0 | 212,959.0 | 218,491.0 | 224,286.0 | ||||||||||||||||||||||
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|
|
|
|
|
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|
|
|
|
|
|
| |||||||||||||||||
08000 | Independent Commission of Investigations | 478,775.0 | 500,715.0 | 526,224.0 | 545,570.0 | 530,701.0 | 543,830.0 | 557,510.0 | ||||||||||||||||||||||
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|
|
|
|
|
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|
|
|
|
|
|
| |||||||||||||||||
09000 | Integrity Commission | 712,950.0 | 766,749.0 | 923,650.0 | 923,650.0 | 874,630.0 | 903,287.0 | 933,400.0 | ||||||||||||||||||||||
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| |||||||||||||||||
15000 | Office of the Prime Minister | 6,897,823.0 | 9,765,247.0 | 8,399,825.0 | 6,061,831.0 | 6,330,427.0 | 6,611,991.0 | 6,871,001.0 | ||||||||||||||||||||||
15010 | Jamaica Information Service | 697,424.0 | 744,027.0 | 636,563.0 | 645,506.0 | 663,472.0 | 682,414.0 | 702,743.0 | ||||||||||||||||||||||
15020 | Registrar General’s Department and Island Records Office | 143,770.0 | 388,603.0 | 417,603.0 | 614,065.0 | 398,843.0 | 399,145.0 | 408,882.0 | ||||||||||||||||||||||
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| |||||||||||||||||
Total Office of the Prime Minister and Departments | 7,739,017.0 | 10,897,877.0 | 9,453,991.0 | 7,321,402.0 | 7,392,742.0 | 7,693,550.0 | 7,982,626.0 | |||||||||||||||||||||||
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| |||||||||||||||||
16000 | Office of the Cabinet | 478,504.0 | 521,861.0 | 501,948.0 | 509,457.0 | 522,341.0 | 536,326.0 | 552,468.0 | ||||||||||||||||||||||
16049 | Management Institute for National Development | 225,234.0 | 261,676.0 | 261,676.0 | 268,218.0 | 274,923.0 | 281,796.0 | 288,841.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Office of the Cabinet and Departments | 703,738.0 | 783,537.0 | 763,624.0 | 777,675.0 | 797,264.0 | 818,122.0 | 841,309.0 | |||||||||||||||||||||||
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| |||||||||||||||||
17000 | Ministry of Tourism | 11,525,361.0 | 12,513,319.0 | 10,910,790.0 | 10,914,460.0 | 11,556,768.0 | 12,168,547.0 | 12,797,628.0 | ||||||||||||||||||||||
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|
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| |||||||||||||||||
19000 | Ministry of Economic Growth and Job Creation | 10,176,433.0 | 7,637,440.0 | 7,537,701.0 | 8,272,995.0 | 6,002,422.0 | 6,264,210.0 | 6,543,556.0 | ||||||||||||||||||||||
19046 | Forestry Department | 1,078,318.0 | 1,098,001.0 | 487,206.0 | — | — | — | — | ||||||||||||||||||||||
19047 | National Land Agency | 766,552.0 | 798,878.0 | 737,571.0 | 783,237.0 | 807,200.0 | 832,010.0 | 857,701.0 | ||||||||||||||||||||||
19048 | National Environment and Planning Agency | 1,073,382.0 | 1,127,034.0 | 1,073,219.0 | 1,091,060.0 | 1,108,299.0 | 1,141,623.0 | 1,177,267.0 | ||||||||||||||||||||||
19050 | National Works Agency | 746,573.0 | 802,848.0 | 800,493.0 | 819,968.0 | 839,930.0 | 860,391.0 | 881,363.0 | ||||||||||||||||||||||
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|
|
| |||||||||||||||||
Total Ministry of Economic Growth and Job Creation and Departments | 13,841,258.0 | 11,464,201.0 | 10,636,190.0 | 10,967,260.0 | 8,757,851.0 | 9,098,234.0 | 9,459,887.0 | |||||||||||||||||||||||
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| |||||||||||||||||
20000 | Ministry of Finance and the Public Service | 62,055,725.0 | 62,923,272.0 | 74,583,090.0 | 52,958,547.0 | 53,826,374.0 | 88,019,755.0 | 123,645,206.0 | ||||||||||||||||||||||
20011 | Accountant General’s Department | 811,977.0 | 1,489,614.0 | 1,075,129.0 | 1,352,960.0 | 1,168,537.0 | 1,220,082.0 | 1,274,437.0 | ||||||||||||||||||||||
20017 | Public Debt Servicing (Amortisation) | 178,526,446.0 | 155,189,700.0 | 158,555,588.0 | 146,258,500.0 | 167,145,704.0 | 119,630,789.0 | 263,931,887.0 | ||||||||||||||||||||||
20018 | Public Debt Servicing (Interest Payments) | 139,131,084.0 | 132,654,211.0 | 136,253,047.0 | 125,986,706.0 | 129,294,936.0 | 127,001,792.0 | 122,970,461.0 |
17
2021-2022 Jamaica Budget
Estimates of Expenditure (Net of Appropriations-in-Aid)
$ ‘000 | Recurrent |
Head No. and Title | Actual (Provisional) Expenditure 2019-2020 | Approved Estimates 2020-2021 | Revised Estimates 2020-2021 | Estimates 2021-2022 | Projected Estimates 2022-2023 | Projected Estimates 2023-2024 | Projected Estimates 2024-2025 | |||||||||||||||||||||||
20019 | Pensions | 35,364,495.0 | 38,587,849.0 | 36,587,849.0 | 38,106,556.0 | 42,421,152.0 | 44,431,194.0 | 45,557,218.0 | ||||||||||||||||||||||
20056 | Tax Administration Jamaica | 11,512,451.0 | 12,806,214.0 | 12,765,614.0 | 12,445,614.0 | 13,067,895.0 | 13,721,289.0 | 14,407,354.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of Finance and the Public Service and Departments | 427,402,178.0 | 403,650,860.0 | 419,820,317.0 | 377,108,883.0 | 406,924,598.0 | 394,024,901.0 | 571,786,563.0 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
21000 | Ministry of Housing, Urban Renewal, Environment and Climate Change | — | — | 746,431.0 | 1,622,970.0 | 1,669,592.0 | 1,712,078.0 | 1,756,674.0 | ||||||||||||||||||||||
21046 | Forestry Department | — | — | 538,321.0 | 1,085,879.0 | 966,514.0 | 992,345.0 | 1,062,790.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of Housing, Urban Renewal, Environment and Climate Change and Departments | — | — | 1,284,752.0 | 2,708,849.0 | 2,636,106.0 | 2,704,423.0 | 2,819,464.0 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
26000 | Ministry of National Security | 27,078,107.0 | 26,847,250.0 | 28,448,704.0 | 30,412,810.0 | 29,850,929.0 | 30,774,584.0 | 31,737,457.0 | ||||||||||||||||||||||
26022 | Police Department | 40,953,519.0 | 41,502,749.0 | 42,285,333.0 | 40,973,650.0 | 41,927,079.0 | 42,863,211.0 | 43,836,512.0 | ||||||||||||||||||||||
26024 | Department of Correctional Services | 8,076,526.0 | 8,477,865.0 | 8,556,364.0 | 8,413,524.0 | 8,633,507.0 | 8,862,342.0 | 9,100,440.0 | ||||||||||||||||||||||
26053 | Passport, Immigration and Citizenship Agency | 28,811.0 | 331,001.0 | 889,501.0 | 844,276.0 | 557,883.0 | 571,830.0 | 586,126.0 | ||||||||||||||||||||||
26057 | Institute of Forensic Science and Legal Medicine | 811,315.0 | 847,489.0 | 760,733.0 | 858,260.0 | 901,105.0 | 945,106.0 | 991,484.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of National Security and Departments | 76,948,278.0 | 78,006,354.0 | 80,940,635.0 | 81,502,520.0 | 81,870,503.0 | 84,017,073.0 | 86,252,019.0 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
28000 | Ministry of Justice | 1,994,675.0 | 2,190,109.0 | 2,016,694.0 | 2,205,448.0 | 2,462,225.0 | 2,538,979.0 | 2,560,696.0 | ||||||||||||||||||||||
28025 | Director of Public Prosecutions | 481,126.0 | 536,152.0 | 476,240.0 | 477,511.0 | 488,710.0 | 500,302.0 | 512,130.0 | ||||||||||||||||||||||
28030 | Administrator General | 317,177.0 | 333,389.0 | 333,389.0 | 370,356.0 | 378,992.0 | 388,212.0 | 397,255.0 | ||||||||||||||||||||||
28031 | Attorney General’s Chambers | 1,025,846.0 | 1,173,197.0 | 1,249,281.0 | 1,156,203.0 | 1,203,593.0 | 1,257,427.0 | 1,314,001.0 | ||||||||||||||||||||||
28033 | Office of the Parliamentary Counsel | 135,217.0 | 183,020.0 | 121,215.0 | 135,098.0 | 140,129.0 | 145,626.0 | 151,019.0 | ||||||||||||||||||||||
28052 | Legal Reform Department | 88,841.0 | 101,178.0 | 73,016.0 | 82,265.0 | 85,157.0 | 88,169.0 | 91,306.0 | ||||||||||||||||||||||
28058 | Judiciary | 4,362,406.0 | 4,614,163.0 | 4,198,811.0 | 4,676,768.0 | 4,423,565.0 | 4,555,666.0 | 4,690,424.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of Justice and Departments | 8,405,288.0 | 9,131,208.0 | 8,468,646.0 | 9,103,649.0 | 9,182,371.0 | 9,474,381.0 | 9,716,831.0 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
30000 | Ministry of Foreign Affairs and Foreign Trade | 4,996,749.0 | 4,956,044.0 | 4,457,129.0 | 4,475,380.0 | 4,582,080.0 | 4,693,903.0 | 4,810,611.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
40000 | Ministry of Labour and Social Security | 2,997,379.0 | 5,085,367.0 | 4,035,986.0 | 13,652,216.0 | 14,500,019.0 | 15,837,211.0 | 16,064,863.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
41000 | Ministry of Education, Youth and Information | 109,465,808.0 | 114,149,509.0 | 110,053,814.0 | 114,502,724.0 | 116,585,261.0 | 118,411,014.0 | 120,301,612.0 | ||||||||||||||||||||||
41051 | Child Protection and Family Services Agency | 2,763,338.0 | 2,923,487.0 | 2,868,082.0 | 2,890,277.0 | 3,000,636.0 | 3,116,341.0 | 3,243,849.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of Education, Youth and Information and Departments | 112,229,146.0 | 117,072,996.0 | 112,921,896.0 | 117,393,001.0 | 119,585,897.0 | 121,527,355.0 | 123,545,461.0 | |||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
42000 | Ministry of Health and Wellness | 68,345,615.0 | 72,166,061.0 | 78,897,495.0 | 84,600,588.0 | 86,134,876.0 | 86,877,956.0 | 80,529,165.0 | ||||||||||||||||||||||
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|
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|
|
|
|
|
|
|
18
2021-2022 Jamaica Budget
Estimates of Expenditure (Net of Appropriations-in-Aid)
$ ‘000 | Recurrent |
Head No. and Title | Actual (Provisional) Expenditure 2019-2020 | Approved Estimates 2020-2021 | Revised Estimates 2020-2021 | Estimates 2021-2022 | Projected Estimates 2022-2023 | Projected Estimates 2023-2024 | Projected Estimates 2024-2025 | |||||||||||||||||||||||
42034 | Bellevue Hospital | 1,866,613.0 | 1,905,496.0 | 1,860,122.0 | 1,896,665.0 | 1,919,771.0 | 1,976,307.0 | 2,034,219.0 | ||||||||||||||||||||||
42035 | Government Chemist | 64,205.0 | 68,700.0 | 60,584.0 | 61,395.0 | 63,517.0 | 65,733.0 | 68,108.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of Health and Wellness and Departments | 70,276,433.0 | 74,140,257.0 | 80,818,201.0 | 86,558,648.0 | 88,118,164.0 | 88,919,996.0 | 82,631,492.0 | |||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
46000 | Ministry of Culture, Gender, Entertainment and Sport | 4,245,039.0 | 4,568,375.0 | 3,819,929.0 | 3,649,902.0 | 3,784,543.0 | 3,921,920.0 | 4,069,039.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
50000 | Ministry of Industry, Commerce, Agriculture and Fisheries | 10,277,954.0 | 10,661,824.0 | 5,345,320.0 | — | — | — | — | ||||||||||||||||||||||
50038 | Companies Office of Jamaica | 14,019.0 | — | — | — | — | — | — | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of Industry, Commerce, Agriculture and Fisheries and Departments | 10,291,973.0 | 10,661,824.0 | 5,345,320.0 | — | — | — | — | |||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
51000 | Ministry of Agriculture and Fisheries | — | — | 4,431,297.0 | 8,358,456.0 | 8,648,429.0 | 8,952,488.0 | 9,271,306.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
53000 | Ministry of Industry, Investment and Commerce | — | — | 1,462,595.0 | 3,388,968.0 | 3,235,113.0 | 3,353,271.0 | 3,480,259.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
56000 | Ministry of Science, Energy and Technology | 4,415,085.0 | 4,958,193.0 | 5,939,083.0 | 6,010,587.0 | 4,658,375.0 | 4,592,015.0 | 4,880,864.0 | ||||||||||||||||||||||
56039 | Post and Telecommunications Department | 2,051,525.0 | 2,315,474.0 | 2,195,960.0 | 2,234,490.0 | 2,296,585.0 | 2,360,934.0 | 2,427,630.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Ministry of Science, Energy and Technology and Departments | 6,466,610.0 | 7,273,667.0 | 8,135,043.0 | 8,245,077.0 | 6,954,960.0 | 6,952,949.0 | 7,308,494.0 | |||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
68000 | Ministry of Transport and Mining | 12,194,816.0 | 11,018,619.0 | 12,019,615.0 | 11,496,748.0 | 12,208,961.0 | 12,847,072.0 | 13,519,907.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
72000 | Ministry of Local Government and Rural Development | 13,401,673.0 | 13,474,782.0 | 14,019,669.0 | 14,163,177.0 | 13,674,675.0 | 13,950,866.0 | 13,297,392.0 | ||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Recurrent | 787,793,011.0 | 779,265,060.0 | 798,302,882.0 | 776,579,569.0 | 809,161,462.0 | 805,831,701.0 | 984,660,917.0 | |||||||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|
|
19
2021-2022 Jamaica Budget | ||||
Estimates of Expenditure (Net of Appropriations-in-Aid) | Capital | |||
$ ‘000 |
Head No. and Title | Actual (Provisional) Expenditure 2019-2020 | Approved Estimates 2020-2021 | Revised Estimates 2020-2021 | Estimates 2021-2022 | Projected Estimates 2022-2023 | Projected Estimates 2023-2024 | Projected Estimates 2024-2025 | |||||||||||||||||||||||
15000 | Office of the Prime Minister | 4,114,058.0 | 6,566,215.0 | 4,430,563.0 | 5,878,657.0 | 3,833,652.0 | 3,055,990.0 | 1,381,700.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
16000 | Office of the Cabinet | 691,390.0 | 91,258.0 | 91,258.0 | — | — | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
17000 | Ministry of Tourism | — | — | — | — | — | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
19000 | Ministry of Economic Growth and Job Creation | 23,912,756.0 | 22,355,858.0 | 14,014,495.0 | 20,383,298.0 | 29,864,774.0 | 19,124,513.0 | 1,679,182.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
20000 | Ministry of Finance and the Public Service | 2,821,843.0 | 7,856,135.0 | 3,428,153.0 | 12,415,683.0 | 7,825,118.0 | 37,502,054.0 | 88,441,297.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
21000 | Ministry of Housing, Urban Renewal, Environment and Climate Change | — | — | 231,393.0 | 309,939.0 | 65,000.0 | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
26000 | Ministry of National Security | 19,556,576.0 | 15,953,840.0 | 9,697,819.0 | 6,480,397.0 | 5,713,415.0 | 3,500,000.0 | 500,000.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
28000 | Ministry of Justice | 960,419.0 | 941,500.0 | 563,375.0 | 520,000.0 | — | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
40000 | Ministry of Labour and Social Security | 8,146,307.0 | 8,596,012.0 | 13,093,521.0 | 81,094.0 | — | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
41000 | Ministry of Education, Youth and Information | 1,216,223.0 | 1,480,478.0 | 633,292.0 | 1,163,000.0 | 1,350,000.0 | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
42000 | Ministry of Health and Wellness | 5,154,497.0 | 3,903,604.0 | 2,938,452.0 | 2,714,648.0 | 7,907,602.0 | 6,144,686.0 | 882,739.0 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
46000 | Ministry of Culture, Gender, Entertainment and Sport | 25,457.0 | 25,184.0 | 31,784.0 | — | — | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
50000 | Ministry of Industry, Commerce, Agriculture and Fisheries | 2,279,340.0 | 3,519,016.0 | 578,389.0 | — | — | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
51000 | Ministry of Agriculture and Fisheries | — | — | 1,137,154.0 | 1,286,052.0 | 4,252,870.0 | 2,364,905.0 | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
53000 | Ministry of Industry, Investment and Commerce | — | — | 197,332.0 | 349,697.0 | 810,230.0 | 810,230.0 | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
56000 | Ministry of Science, Energy and Technology | 358,776.0 | 696,804.0 | 223,732.0 | 313,503.0 | 1,167,666.0 | 1,250,000.0 | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
68000 | Ministry of Transport and Mining | 500.0 | — | — | — | — | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
72000 | Ministry of Local Government and Rural Development | 2,040,478.0 | 2,217,356.0 | 735,705.0 | 2,305,350.0 | 300,000.0 | — | — | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Capital | 71,278,620.0 | 74,203,260.0 | 52,026,417.0 | 54,201,318.0 | 63,090,327.0 | 73,752,378.0 | 92,884,918.0 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Total Capital (AB) | 71,278,620.0 | 74,203,260.0 | 52,026,417.0 | 54,201,318.0 | 63,090,327.0 | 73,752,378.0 | 92,884,918.0 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||
Grand Total Recurrent and Capital | 859,071,631.0 | 853,468,320.0 | 850,329,299.0 | 830,780,887.0 | 872,251,789.0 | 879,584,079.0 | 1,077,545,835.0 | |||||||||||||||||||||||
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|
|
|
|
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|
|
|
|
|
|
20
2021-2022 Jamaica Budget | ||||
Statutory Provisions And Provisions to be Voted | Recurrent | |||
$’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) | |||||||||||||||||
01000 | His Excellency the Governor General and Staff | 273,398.0 | 94,791.0 | 2,255.0 | 92,536.0 | 365,934.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
02000 | Houses of Parliament | 17,355.0 | 1,275,920.0 | — | 1,275,920.0 | 1,293,275.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
03000 | Office of the Public Defender | 12,530.0 | 145,241.0 | — | 145,241.0 | 157,771.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
05000 | Auditor General | 9,603.0 | 928,984.0 | 5,000.0 | 923,984.0 | 933,587.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
06000 | Office of the Services Commissions | 18,323.0 | 352,811.0 | — | 352,811.0 | 371,134.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
07000 | Office of the Children’s Advocate | 12,936.0 | 189,441.0 | — | 189,441.0 | 202,377.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
08000 | Independent Commission of Investigations | 12,975.0 | 678,313.0 | 145,718.0 | 532,595.0 | 545,570.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
09000 | Integrity Commission | 30,000.0 | 893,650.0 | — | 893,650.0 | 923,650.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
15000 | Office of the Prime Minister | — | 6,106,831.0 | 45,000.0 | 6,061,831.0 | 6,061,831.0 | ||||||||||||||||
15010 | Jamaica Information Service | — | 752,969.0 | 107,463.0 | 645,506.0 | 645,506.0 | ||||||||||||||||
15020 | Registrar General’s Department and Island Records | — | 1,290,330.0 | 676,265.0 | 614,065.0 | 614,065.0 | ||||||||||||||||
Total Office of the Prime Minister and Departments | — | 8,150,130.0 | 828,728.0 | 7,321,402.0 | 7,321,402.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
16000 | Office of the Cabinet | — | 509,457.0 | — | 509,457.0 | 509,457.0 | ||||||||||||||||
16049 | Management Institute for National Development | — | 532,218.0 | 264,000.0 | 268,218.0 | 268,218.0 | ||||||||||||||||
Total Office of the Cabinet and Departments | — | 1,041,675.0 | 264,000.0 | 777,675.0 | 777,675.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
17000 | Ministry of Tourism | — | 10,971,360.0 | 56,900.0 | 10,914,460.0 | 10,914,460.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
19000 | Ministry of Economic Growth and Job Creation | — | 8,391,876.0 | 118,881.0 | 8,272,995.0 | 8,272,995.0 | ||||||||||||||||
19047 | National Land Agency | — | 3,257,518.0 | 2,474,281.0 | 783,237.0 | 783,237.0 | ||||||||||||||||
19048 | National Environment and Planning Agency | — | 1,191,344.0 | 100,284.0 | 1,091,060.0 | 1,091,060.0 | ||||||||||||||||
19050 | National Works Agency | — | 2,388,472.0 | 1,568,504.0 | 819,968.0 | 819,968.0 | ||||||||||||||||
Total Ministry of Economic Growth and Job Creation and Departments | — | 15,229,210.0 | 4,261,950.0 | 10,967,260.0 | 10,967,260.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
20000 | Ministry of Finance and the Public Service | — | 53,067,547.0 | 109,000.0 | 52,958,547.0 | 52,958,547.0 | ||||||||||||||||
20011 | Accountant General’s Department | — | 1,352,960.0 | — | 1,352,960.0 | 1,352,960.0 | ||||||||||||||||
20012 | Jamaica Customs Agency | — | 11,714,854.0 | 11,714,854.0 | — | 0.0 | ||||||||||||||||
20017 | Public Debt Servicing (Amortisation) | 146,258,500.0 | — | — | — | 146,258,500.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
21
2021-2022 Jamaica Budget | ||||
Statutory Provisions And Provisions to be Voted | Recurrent | |||
$’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) | |||||||||||||||||
20018 | Public Debt Servicing (Interest Payments) | 125,986,706.0 | — | — | — | 125,986,706.0 | ||||||||||||||||
20019 | Pensions | 26,723,340.0 | 11,383,216.0 | — | 11,383,216.0 | 38,106,556.0 | ||||||||||||||||
20056 | Tax Administration Jamaica | — | 12,445,614.0 | — | 12,445,614.0 | 12,445,614.0 | ||||||||||||||||
Total Ministry of Finance and the Public Service and Departments | 298,968,546.0 | 89,964,191.0 | 11,823,854.0 | 78,140,337.0 | 377,108,883.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
21000 | Ministry of Housing, Urban Renewal, Environment | — | 1,893,011.0 | 270,041.0 | 1,622,970.0 | 1,622,970.0 | ||||||||||||||||
21046 | Forestry Department | — | 1,095,879.0 | 10,000.0 | 1,085,879.0 | 1,085,879.0 | ||||||||||||||||
Total Ministry of Housing, Urban Renewal, Environment and Climate Change and Departments | — | 2,988,890.0 | 280,041.0 | 2,708,849.0 | 2,708,849.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
26000 | Ministry of National Security | — | 31,120,978.0 | 708,168.0 | 30,412,810.0 | 30,412,810.0 | ||||||||||||||||
26022 | Police Department | — | 41,423,650.0 | 450,000.0 | 40,973,650.0 | 40,973,650.0 | ||||||||||||||||
26024 | Department of Correctional Services | — | 8,413,524.0 | — | 8,413,524.0 | 8,413,524.0 | ||||||||||||||||
26053 | Passport, Immigration and Citizenship Agency | — | 2,561,705.0 | 1,717,429.0 | 844,276.0 | 844,276.0 | ||||||||||||||||
26057 | Institute of Forensic Science and Legal Medicine | — | 858,260.0 | — | 858,260.0 | 858,260.0 | ||||||||||||||||
Total Ministry of National Security and Departments | — | 84,378,117.0 | 2,875,597.0 | 81,502,520.0 | 81,502,520.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
28000 | Ministry of Justice | — | 2,363,398.0 | 157,950.0 | 2,205,448.0 | 2,205,448.0 | ||||||||||||||||
28025 | Director of Public Prosecutions | 9,100.0 | 468,411.0 | — | 468,411.0 | 477,511.0 | ||||||||||||||||
28030 | Administrator General | — | 617,501.0 | 247,145.0 | 370,356.0 | 370,356.0 | ||||||||||||||||
28031 | Attorney General’s Chambers | — | 1,156,203.0 | �� | — | 1,156,203.0 | 1,156,203.0 | |||||||||||||||
28033 | Office of the Parliamentary Counsel | — | 135,098.0 | — | 135,098.0 | 135,098.0 | ||||||||||||||||
28052 | Legal Reform Department | — | 82,265.0 | — | 82,265.0 | 82,265.0 | ||||||||||||||||
28058 | Judiciary | 723,700.0 | 3,953,068.0 | — | 3,953,068.0 | 4,676,768.0 | ||||||||||||||||
Total Ministry of Justice and Departments | 732,800.0 | 8,775,944.0 | 405,095.0 | 8,370,849.0 | 9,103,649.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
30000 | Ministry of Foreign Affairs and Foreign Trade | — | 4,595,380.0 | 120,000.0 | 4,475,380.0 | 4,475,380.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
40000 | Ministry of Labour and Social Security | — | 13,652,216.0 | — | 13,652,216.0 | 13,652,216.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
41000 | Ministry of Education, Youth and Information | — | 114,902,724.0 | 400,000.0 | 114,502,724.0 | 114,502,724.0 | ||||||||||||||||
41051 | Child Protection and Family Services Agency | — | 2,891,627.0 | 1,350.0 | 2,890,277.0 | 2,890,277.0 | ||||||||||||||||
Total Ministry of Education, Youth and Information and Departments | — | 117,794,351.0 | 401,350.0 | 117,393,001.0 | 117,393,001.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
22
2021-2022 Jamaica Budget | ||||
Statutory Provisions And Provisions to be Voted | Recurrent | |||
$’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) | |||||||||||||||||
42000 | Ministry of Health and Wellness | — | 85,166,294.0 | 565,706.0 | 84,600,588.0 | 84,600,588.0 | ||||||||||||||||
42034 | Bellevue Hospital | — | 1,896,665.0 | — | 1,896,665.0 | 1,896,665.0 | ||||||||||||||||
42035 | Government Chemist | — | 61,395.0 | — | 61,395.0 | 61,395.0 | ||||||||||||||||
Total Ministry of Health and Wellness and Departments | — | 87,124,354.0 | 565,706.0 | 86,558,648.0 | 86,558,648.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
46000 | Ministry of Culture, Gender, Entertainment and | — | 3,929,343.0 | 279,441.0 | 3,649,902.0 | 3,649,902.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
51000 | Ministry of Agriculture and Fisheries | — | 9,652,912.0 | 1,294,456.0 | 8,358,456.0 | 8,358,456.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
53000 | Ministry of Industry, Investment and Commerce | — | 3,561,759.0 | 172,791.0 | 3,388,968.0 | 3,388,968.0 | ||||||||||||||||
53038 | Companies Office of Jamaica | — | 604,026.0 | 604,026.0 | — | 0.0 | ||||||||||||||||
Total Ministry of Industry, Investment and Commerce and Departments | — | 4,165,785.0 | 776,817.0 | 3,388,968.0 | 3,388,968.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
56000 | Ministry of Science, Energy and Technology | — | 6,783,465.0 | 772,878.0 | 6,010,587.0 | 6,010,587.0 | ||||||||||||||||
56039 | Post and Telecommunications Department | — | 2,958,953.0 | 724,463.0 | 2,234,490.0 | 2,234,490.0 | ||||||||||||||||
Total Ministry of Science, Energy and Technology and Departments | — | 9,742,418.0 | 1,497,341.0 | 8,245,077.0 | 8,245,077.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
68000 | Ministry of Transport and Mining | — | 11,934,479.0 | 437,731.0 | 11,496,748.0 | 11,496,748.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
72000 | Ministry of Local Government and Rural | — | 17,372,589.0 | 3,209,412.0 | 14,163,177.0 | 14,163,177.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total Recurrent | 300,088,466.0 | 506,022,495.0 | 29,531,392.0 | 476,491,103.0 | 776,579,569.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
23
2021-2022 Jamaica Budget | ||||
Statutory Provisions And Provisions to be Voted | Capital | |||
$’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) | |||||||||||||||||
15000 | Office of the Prime Minister | — | 5,878,657.0 | — | 5,878,657.0 | 5,878,657.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
19000 | Ministry of Economic Growth and Job Creation | — | 20,383,298.0 | — | 20,383,298.0 | 20,383,298.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
20000 | Ministry of Finance and the Public Service | — | 12,415,683.0 | — | 12,415,683.0 | 12,415,683.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
21000 | Ministry of Housing, Urban Renewal, Environment | — | 309,939.0 | — | 309,939.0 | 309,939.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
26000 | Ministry of National Security | — | 6,480,397.0 | — | 6,480,397.0 | 6,480,397.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
28000 | Ministry of Justice | — | 520,000.0 | — | 520,000.0 | 520,000.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
40000 | Ministry of Labour and Social Security | — | 81,094.0 | — | 81,094.0 | 81,094.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
41000 | Ministry of Education, Youth and Information | — | 1,163,000.0 | — | 1,163,000.0 | 1,163,000.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
42000 | Ministry of Health and Wellness | — | 2,714,648.0 | — | 2,714,648.0 | 2,714,648.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
51000 | Ministry of Agriculture and Fisheries | — | 1,286,052.0 | — | 1,286,052.0 | 1,286,052.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
53000 | Ministry of Industry, Investment and Commerce | — | 349,697.0 | — | 349,697.0 | 349,697.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
56000 | Ministry of Science, Energy and Technology | — | 313,503.0 | — | 313,503.0 | 313,503.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
72000 | Ministry of Local Government and Rural | — | 2,305,350.0 | — | 2,305,350.0 | 2,305,350.0 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total Capital | — | 54,201,318.0 | — | 54,201,318.0 | 54,201,318.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||
Grand Total Recurrent and Capital | 300,088,466.0 | 560,223,813.0 | 29,531,392.0 | 530,692,421.0 | 830,780,887.0 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
24
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement I - Receipts and Payments of the Consolidated Fund
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
Notes | 2021 J$ 000 | 2020 J$‘000 | ||||||||||
RECEIPTS | ||||||||||||
RECURRENT REVENUE | ||||||||||||
Taxation Revenue | 496,558,604 | 580,157,680 | ||||||||||
Non-Tax Revenue | 62,316,192 | 72,109,646 | ||||||||||
|
|
|
| |||||||||
558,874,796 | 652,267,326 | |||||||||||
CAPITAL REVENUE | ||||||||||||
Loans | 1,023,337 | 856,875 | ||||||||||
Extraordinary Receipts (incl. Grants) | 3,247,400 | 4,406,561 | ||||||||||
Other Grants: Petrocaribe Development Fund | 3,184,628 | 88,474,228 | ||||||||||
Other Grants | 3,406,349 | 507,010 | ||||||||||
|
|
|
| |||||||||
10,861,714 | 94,244,674 | |||||||||||
DOMESTIC LOANS | ||||||||||||
Benchmark Notes | 143,789,182 | 53,613,997 | ||||||||||
EXTERNAL LOANS | ||||||||||||
Multilateral | 46,624,000 | 26,459,282 | ||||||||||
Bilateral | 8,143,003 | 5,746,647 | ||||||||||
Capital Markets | 0 | 20,508,349 | ||||||||||
|
|
|
| |||||||||
54,767,003 | 52,714,278 | |||||||||||
OTHER RECEIPTS | ||||||||||||
Unrealized foreign exchange gains | 3,475,613 | 5,028,499 | ||||||||||
Treasury Bill Issued | 22,303,697 | 21,471,574 | ||||||||||
Surrender Balance | 5,620,133 | 10,810,709 | ||||||||||
Other | 345 | 2,627 | ||||||||||
Cash Balance as at April 1 | 1.1 | 111,160,908 | 70,087,771 | |||||||||
|
|
|
| |||||||||
142,560,696 | 107,401,180 | |||||||||||
|
|
|
| |||||||||
Total | 910,853,391 | 960,241,455 | ||||||||||
|
|
|
|
25
Statement I – Receipts and Payments of the Consolidated Fund (Cont’d)
2021 | 2020 | |||||||||||
Notes | $’000 | J$’000 | ||||||||||
RECURRENT EXPENDITURE | ||||||||||||
Statutory Expenditure | 292,528,864 | 305,997,385 | ||||||||||
Voted Expenditure | 471,958,558 | 442,888,335 | ||||||||||
|
|
|
| |||||||||
764,487,422 | 748,885,720 | |||||||||||
CAPITAL EXPENDITURE | ||||||||||||
Voted Expenditure | 50,276,439 | 70,677,178 | ||||||||||
|
|
|
| |||||||||
50,276,439 | 70,677,178 | |||||||||||
OTHER PAYMENTS | ||||||||||||
Treasury Bills Redeemed | 22,239,529 | 20,909,582 | ||||||||||
Other Payments | 306 | 8,111,710 | ||||||||||
Refund from the Central Payment Account | 1.3 | 235,707 | 496,357 | |||||||||
Cash Balance as at March 31 | 1.2 | 73,613,988 | 111,160,908 | |||||||||
|
|
|
| |||||||||
96,089,530 | 140,678,557 | |||||||||||
|
|
|
| |||||||||
Total | 910,853,391 | 960,241,455 | ||||||||||
|
|
|
|
Anya Jones, FCCA
Accountant General
26
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement II - Statement of Financing
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
2021 | 2020 | |||||||||||
Notes | $‘000 | $‘000 | ||||||||||
RECURRENT ACCOUNT | ||||||||||||
Recurrent Revenue | 558,874,796 | 652,267,326 | ||||||||||
Recurrent Expenditure | (764,487,422 | ) | (748,885,720 | ) | ||||||||
|
|
|
| |||||||||
(205,612,626 | ) | (96,618,394 | ||||||||||
Miscellaneous Charges | (289 | ) | (8,109,082 | ) | ||||||||
Balances Surrendered | 5,620,133 | 10,810,709 | ||||||||||
|
|
|
| |||||||||
(Deficit)/Surplus | (199,992,782 | ) | (93,916,767 | ) | ||||||||
|
|
|
| |||||||||
CAPITAL ACCOUNT | ||||||||||||
Capital Revenue | 10,861,715 | 94,244,674 | ||||||||||
Capital Transfers | 0 | 0 | ||||||||||
Capital Expenditure | (50,276,439 | ) | (70,677,178 | ) | ||||||||
|
|
|
| |||||||||
Deficit | (39,414,724 | ) | 23,567,496 | |||||||||
|
|
|
| |||||||||
Net (Deficit) | (239,407,506 | ) | (70,349,271 | ) | ||||||||
Net Treasury Bills Issued | 64,168 | 561,991 | ||||||||||
|
|
|
| |||||||||
Financing Requirement | (239,343,338 | ) | (69,787,280 | ) | ||||||||
Financing | ||||||||||||
Domestic Notes | 143,789,182 | 53,613,997 | ||||||||||
External Borrowing | 54,767,003 | 52,714,278 | ||||||||||
|
|
|
| |||||||||
198,556,185 | 106,328,275 | |||||||||||
|
|
|
| |||||||||
Net Surplus/(Deficit) | 2.1 | (40,787,153 | ) | 36,540,995 | ||||||||
Financed From: | ||||||||||||
Opening Cash Balance at April 1 | 1.1 | 111,160,908 | 70,087,771 | |||||||||
Refund from the Central Payment Account | 1.3 | (235,707 | ) | (496,357 | ) | |||||||
Other | 327 | 0 | ||||||||||
Unrealized foreign exchange gains | 3,475,613 | 5,028,499 | ||||||||||
|
|
|
| |||||||||
Closing Cash Balance at March 31 | 1.2 | 73,613,988 | 111,160,908 | |||||||||
|
|
|
|
27
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement III - Revenue Estimates Compared with Consolidated Fund Receipts
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
Estimates | Receipt | Estimates | Receipt | |||||||||||||||||
2021 | 2021 | 2020 | 2020 | |||||||||||||||||
Notes | $‘000 | $‘000 | $‘000 | $‘000 | ||||||||||||||||
Tax Revenue: | ||||||||||||||||||||
Customs | 47,155,955 | 40,140,475 | 44,681,246 | 45,263,673 | ||||||||||||||||
Income Tax | 167,116,337 | 155,516,911 | 158,263,713 | 162,142,656 | ||||||||||||||||
Stamp Duties | 8,383,250 | 6,827,628 | 7,105,745 | 8,870,541 | ||||||||||||||||
Motor Vehicle Licences | 4,919,511 | 4,597,383 | 4,449,579 | 4,810,753 | ||||||||||||||||
Other Licences | 357,271 | 60,839 | 197,328 | 39,109 | ||||||||||||||||
Travel Tax | 22,511,840 | 5,603,991 | 21,785,865 | 21,850,019 | ||||||||||||||||
Betting, Gaming and Lotteries | 6,730,427 | 6,502,655 | 5,794,427 | 6,807,900 | ||||||||||||||||
Education Tax | 34,449,109 | 29,080,131 | 31,871,427 | 32988,086 | ||||||||||||||||
Contractors Levy | 2,463,061 | 1,663,640 | 2,759,591 | 2,186,809 | ||||||||||||||||
General Consumption Tax | 199,718,340 | 165,695,094 | 199,266,689 | 202,206,859 | ||||||||||||||||
Special Consumption Tax | 83,348,269 | 69,749,096 | 79,660,799 | 80,227,843 | ||||||||||||||||
Environmental Levy | 4,443,290 | 4,135,319 | 4,292,080 | 4,097,249 | ||||||||||||||||
Telephone Call Tax | 2,510,240 | 3,509,641 | 2,120,336 | 3,677,295 | ||||||||||||||||
Guest Accommodation Room Tax | 3,115,381 | 683,727 | 2,930,778 | 2,968,722 | ||||||||||||||||
Minimum Business Tax | 0 | 123,922 | 0 | 294,038 | ||||||||||||||||
Quarry Tax | 84,215 | 93,800 | 63,611 | 83,998 | ||||||||||||||||
Import Licences-Trade Board | 345,294 | 264,944 | 329,688 | 351,476 | ||||||||||||||||
Telecommunication Licences | 1,155,435 | 2,305,254 | 305,407 | 1,282,699 | ||||||||||||||||
Hotel Licence Duty | 0 | 4,154 | 0 | 7,955 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Tax Revenue | 3.1 | 588,807,225 | 496,558,604 | 565,878,309 | 580,157,680 | |||||||||||||||
Non-Tax Revenue | 3.2 | 67,290,901 | 62,316,192 | 59,608,512 | 72,109,646 | |||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
TOTAL RECURRENT REVENUE | 656,098,126 | 558,874,796 | 625,486,821 | 652,267,326 | ||||||||||||||||
|
|
|
|
|
|
|
|
28
Statement III - Revenue Estimates Compared with Consolidated Fund Receipts (Cont’d)
Estimates | Receipt | Estimates | Receipt | |||||||||||||||||
2021 | 2021 | 2020 | 2020 | |||||||||||||||||
Notes | $‘000 | $‘000 | $‘000 | $‘000 | ||||||||||||||||
Capital Revenue | ||||||||||||||||||||
Land Sales | 214,422 | 0 | 36,323 | 0 | ||||||||||||||||
Loan Repayments | 121,578 | 1,023,337 | 3,083,500 | 856,875 | ||||||||||||||||
Grants | 1,350,324 | 3,406,349 | 5,635,485 | 4,913,571 | ||||||||||||||||
Other Grants-Petrocaribe | ||||||||||||||||||||
Development Fund | 32,193,000 | 3,184,628 | 18,552,944 | 88,474,228 | ||||||||||||||||
Miscellaneous Grants | 2,987,000 | 3,247,400 | 0 | 0 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Capital Revenue | 3.3 | 36,866,324 | 10,861,714 | 27,308,252 | 94,244,674 | |||||||||||||||
Capital Transfers | 135,700 | 0 | �� | 130,900 | 0 | |||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Capital and Recurrent Revenue | 693,100,150 | 569,736,510 | 652,925,973 | 746,512,000 | ||||||||||||||||
LOAN RECEIPTS | ||||||||||||||||||||
External Loans: | ||||||||||||||||||||
Multilateral | 26,433,930 | 46,624,000 | 46,254,300 | 26,459,282 | ||||||||||||||||
Bilateral | 7,944,570 | 8,143,003 | 0 | 5,746,647 | ||||||||||||||||
Capital Markets | 0 | 0 | 0 | 20,508,349 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total External Loan Receipts | 3.4 | 34,378,500 | 54,767,003 | 46,254,300 | 52,714,278 | |||||||||||||||
Domestic Loans: | ||||||||||||||||||||
Local Commercial Banking Sector: | ||||||||||||||||||||
Benchmark Notes | 86,824,430 | 143,789,182 | 34,882,100 | 53,613,997 | ||||||||||||||||
Treasury Bills | 4.4 | 22,400,000 | 22,303,697 | 21,600,000 | 21,471,574 | |||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Domestic Loans | 3.5 | 109,224,430 | 166,092,879 | 56,482,100 | 75,085,571 | |||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Loan Receipts | 143,602,930 | 220,859,882 | 102,736,400 | 127,799,849 | ||||||||||||||||
Surrendered Balances | 3.6 | 0 | 5,620,133 | 0 | 10,810,709 | |||||||||||||||
Credit Interest | 0 | 328 | 0 | 183 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
TOTAL REVENUE | 836,703,080 | 796,216,853 | 755,662,373 | 885,122,741 | ||||||||||||||||
|
|
|
|
|
|
|
|
29
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement IV - Statement of Expenditure Compared with Issues from the Consolidated Fund
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
Estimates | Issues | Estimates | Issues | |||||||||||||||||
2021 | 2021 | 2020 | 2020 | |||||||||||||||||
Notes | $‘000 | $‘000 | $‘000 | $‘000 | ||||||||||||||||
RECURRENT EXPENDITURE | ||||||||||||||||||||
Statutory Recurrent Expenditure | ||||||||||||||||||||
Public Debt Charges | 136,253,047 | 129,098,557 | 139,131,084 | 131,621,568 | ||||||||||||||||
Public Debt Servicing (Amortization) | 136,866,308 | 136,893,065 | 157,669,685 | 148,532,300 | ||||||||||||||||
Other Statutory Expenditure | 26,570,962 | 26,537,242 | 25,938,329 | 25,843,517 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Statutory Recurrent | 4.1 | 299,690,317 | 292,528,864 | 322,739,098 | 305,997,385 | |||||||||||||||
Voted Expenditure | ||||||||||||||||||||
His Excellency the Governor-General & Staff | 91,842 | 87,920 | 74,137 | 74,137 | ||||||||||||||||
Houses of Parliament | 1,175,000 | 1,152,292 | 1,088,467 | 1,057,911 | ||||||||||||||||
Office of the Public Defender | 137,138 | 137,138 | 129,591 | 126,191 | ||||||||||||||||
Auditor General | 887,008 | 844,792 | 896,075 | 827,793 | ||||||||||||||||
Office of the Services Commissions | 313,415 | 290,264 | 281,791 | 279,963 | ||||||||||||||||
Office of the Children’s Advocate | 177,534 | 170,079 | 188,395 | 179,632 | ||||||||||||||||
Independent Commission of Investigations | 508,960 | 497,199 | 465,652 | 456,812 | ||||||||||||||||
Integrity Commission | 889,650 | 606,278 | 573,770 | 573,770 | ||||||||||||||||
Office of The Prime Minister | 9,453,991 | 9,453,991 | 7,739,017 | 7,634,171 | ||||||||||||||||
Office of The Cabinet | 763,624 | 745,201 | 703,738 | 701,181 | ||||||||||||||||
Ministry of Tourism | 10,910,790 | 10,896,735 | 11,525,361 | 11,525,361 | ||||||||||||||||
Ministry of Economic Growth and Job Creation | 10,636,190 | 10,636,190 | 13,841,258 | 13,822,745 | ||||||||||||||||
Ministry of Finance and the Public Service | 99,542,159 | 96,155,082 | 84,978,204 | 84,317,424 | ||||||||||||||||
Ministry of Housing, Urban Renewal, Environment and Climate Change | 1,284,752 | 1,058,905 | 0 | 0 | ||||||||||||||||
Ministry of National Security | 80,940,635 | 80,940,635 | 76,948,278 | 76,948,278 | ||||||||||||||||
Ministry of Justice | 7,743,917 | 7,575,478 | 7,663,600 | 7,639,584 | ||||||||||||||||
Ministry of Foreign Affairs and Foreign Trade | 4,457,129 | 4,457,129 | 4,996,749 | 4,996,749 |
30
Statement IV - Statement of Expenditure Compared with Issues from the Consolidated Fund (Cont’d)
Estimates | Issues | Estimates | Issues | |||||||||||||||||
2021 | 2021 | 2020 | 2020 | |||||||||||||||||
Notes | $‘000 | $‘000 | $‘000 | $‘000 | ||||||||||||||||
Ministry of Labour and Social Security | 4,035,986 | 3,963,086 | 2,997,379 | 2,895,435 | ||||||||||||||||
Ministry of Education, Youth and Information | 112,921,896 | 112,905,234 | 112,229,146 | 112,202,348 | ||||||||||||||||
Ministry of Health | 80,818,201 | 80,815,286 | 70,276,433 | 70,253,445 | ||||||||||||||||
Ministry of Culture, Gender, Entertainment and Sport | 3,819,929 | 3,463,017 | 4,245,039 | 4,104,988 | ||||||||||||||||
Ministry of Industry, Commerce, Agriculture and Fisheries | 5,345,320 | 5,345,320 | 10,291,973 | 10,291,973 | ||||||||||||||||
Ministry of Agriculture and Fisheries | 4,431,297 | 4,431,297 | 0 | 0 | ||||||||||||||||
Ministry of Industry, Investment & Commerce | 1,462,595 | 1,462,595 | 0 | 0 | ||||||||||||||||
Ministry of Science, Energy & Technology | 5,939,083 | 5,728,006 | 4,415,085 | 4,415,085 | ||||||||||||||||
Post and Telecommunication Dept. | 2,195,960 | 2,173,752 | 2,051,525 | 2,051,525 | ||||||||||||||||
Ministry of Transport and Mining | 12,019,615 | 12,019,615 | 12,194,816 | 12,194,816 | ||||||||||||||||
Ministry of Local Govt. and Community | ||||||||||||||||||||
Development | 14,019,669 | 13,946,042 | 13,401,673 | 13,317,018 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Voted Recurrent | 4.2 | 476,923,285 | 471,958,558 | 444,197,152 | 442,888,335 | |||||||||||||||
Total Recurrent | 776,613,602 | 764,487,422 | 766,936,250 | 748,885,720 | ||||||||||||||||
Voted Capital Expenditure | ||||||||||||||||||||
Office of The Prime Minister | 4,430,563 | 3,711,444 | 4,114,058 | 4,072,951 | ||||||||||||||||
Office of The Cabinet | 91,258 | 90,769 | 691,390 | 677,073 | ||||||||||||||||
Ministry of Economic Growth and Job Creation | 14,014,495 | 13,898,307 | 23,912,756 | 23,804,441 | ||||||||||||||||
Ministry of Finance and the Public Service | 3,428,153 | 3,425,138 | 2,821,843 | 2,724,146 | ||||||||||||||||
Ministry of Housing, Urban Renewal, Environment and Climate Change | 231,393 | 68,233 | 0 | 0 | ||||||||||||||||
Ministry of National Security | 9,697,819 | 9,697,819 | 19,556,576 | 19,556,576 | ||||||||||||||||
Ministry of Justice | 563,375 | 527,117 | 960,419 | 901,800 | ||||||||||||||||
Ministry of Labour and Social Security | 13,093,521 | 13,058,115 | 8,146,307 | 8,146,307 | ||||||||||||||||
Ministry of Education, Youth and Information | 633,292 | 568,748 | 1,216,223 | 1,133,852 | ||||||||||||||||
Ministry of Health | 2,938,452 | 2,692,524 | 5,154,497 | 5,115,120 | ||||||||||||||||
Ministry of Culture, Gender, Entertainment and Sport | 31,784 | 31,784 | 25,457 | 0 | ||||||||||||||||
Ministry of Industry, Commerce, Agriculture & Fisheries | 578,389 | 578,389 | 2,279,340 | 2,251,335 |
31
Statement IV - Statement of Expenditure Compared with Issues from the Consolidated Fund (Cont’d)
Estimates | Issues | Estimates | Issues | |||||||||||||||||
2021 | 2021 | 2020 | 2020 | |||||||||||||||||
Notes | $‘000 | $‘000 | $‘000 | $‘000 | ||||||||||||||||
Ministry of Agriculture and Fisheries | 1,137,154 | 933,134 | 0 | 0 | ||||||||||||||||
Ministry of Industry, Investment and Commerce | 197,332 | 148,949 | 0 | 0 | ||||||||||||||||
Ministry of Science, Energy and Technology | 223,732 | 171,137 | 358,776 | 314,030 | ||||||||||||||||
Ministry of Transport & Mining | 0 | 0 | 500 | 221 | ||||||||||||||||
Ministry of Local Government and Rural Development | 735,705 | 674,832 | 2,040,478 | 1,979,326 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Voted | 4.3 | 52,026,417 | 50,276,439 | 71,278,620 | 70,677,178 | |||||||||||||||
Total Capital | 52,026,417 | 50,276,439 | 228,948,305 | 219,209,478 | ||||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Recurrent and Capital | 828,640,019 | 814,763,861 | 838,214,870 | 819,562,898 | ||||||||||||||||
Treasury Bills Redeemed | 4.4 | 21,689,280 | 22,239,529 | 20,856,761 | 20,909,582 | |||||||||||||||
|
|
|
|
|
|
|
| |||||||||||||
Total Issues from the Consolidated Fund | 850,329,299 | 837,003,390 | 859,071,631 | 840,472,480 | ||||||||||||||||
|
|
|
|
|
|
|
|
32
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement V - Statement of Consolidated Fund Balances
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
Notes | 2021 | 2021 | 2020 | 2020 | ||||||||||||||||
$’000 | $’000 | $’000 | $’000 | |||||||||||||||||
GENERAL REVENUE BALANCES | ||||||||||||||||||||
A. RECURRENT REVENUE | ||||||||||||||||||||
Recurrent Revenue | 558,874,796 | 652,267,326 | ||||||||||||||||||
Recurrent Expenditure | (764,487,422 | ) | (748,885,720 | ) | ||||||||||||||||
|
|
|
| |||||||||||||||||
Net Recurrent Revenue | (205,612,626 | ) | (96,618,394 | ) | ||||||||||||||||
B. CAPITAL REVENUE | ||||||||||||||||||||
Capital Revenue | 10,861,715 | 94,244,674 | ||||||||||||||||||
Capital Transfers | 0 | 0 | ||||||||||||||||||
|
|
|
| |||||||||||||||||
10,861,715 | 94,244,674 | |||||||||||||||||||
|
|
|
| |||||||||||||||||
C. LOAN FUND BALANCES | ||||||||||||||||||||
(i) Long Term Loans: | ||||||||||||||||||||
(a) External Loans Raised | 54,767,003 | 52,714,278 | ||||||||||||||||||
(b) Internal Loans Raised | 143,789,182 | 53,613,997 | ||||||||||||||||||
|
|
|
| |||||||||||||||||
198,556,185 | 106,328,275 | |||||||||||||||||||
|
|
|
| |||||||||||||||||
Capital Revenue & Loan Fund Balances (B+C) | 209,417,900 | 200,572,949 | ||||||||||||||||||
Capital Expenditure | (50,276,439 | ) | (70,677,178 | ) | ||||||||||||||||
|
|
|
| |||||||||||||||||
Deficit on Capital Transactions & Loan Receipt | 159,141,461 | 129,895,771 | ||||||||||||||||||
|
|
|
| |||||||||||||||||
Total Deficit Capital + Recurrent | (46,471,165 | ) | 33,277,377 | |||||||||||||||||
Add: | ||||||||||||||||||||
(i) Net Treasury Bills Issued | 64,168 | 561,991 | ||||||||||||||||||
(ii) Opening Cash Balance | 111,160,908 | 70,087,771 | ||||||||||||||||||
(iii) Other payments | (290 | ) | (8,111,710 | ) | ||||||||||||||||
(iv) Other receipts | 328 | 2,628 | ||||||||||||||||||
(v) Unrealized foreign exchange gains | 3,475,613 | 5,028,499 | ||||||||||||||||||
(vi) Refund from the Central Payment Account | (235,707 | ) | (496,357 | ) | ||||||||||||||||
(vii) Surrendered Balances | 5,620,133 | 10,810,709 | ||||||||||||||||||
|
|
|
| |||||||||||||||||
120,085,153 | 77,883,531 | |||||||||||||||||||
|
|
|
| |||||||||||||||||
Cash Balance in Consolidated Fund | 73,613,988 | 111,160,908 | ||||||||||||||||||
|
|
|
| |||||||||||||||||
Adjusted Cash Balance March 31, 2021 | 5 | 73,613,988 | 111,160,908 | |||||||||||||||||
|
|
|
|
33
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement VI - Statement of Cash Flows
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
2021 | 2020 | |||||||||||
J$ 000 | J$‘000 | |||||||||||
Notes | ||||||||||||
Cash Flows from Operating Activities: | ||||||||||||
Receipts: | ||||||||||||
Taxation Revenue | 496,558,604 | 580,157,680 | ||||||||||
Non-Tax Revenue | 62,316,192 | 72,109,646 | ||||||||||
Grants | 9,838,377 | 93,387,799 | ||||||||||
Surrendered Balances | 5,620,133 | 10,810,709 | ||||||||||
Other | 345 | 2,627 | ||||||||||
|
|
|
| |||||||||
Total Receipts from Operating Activities | 574,333,651 | 756,468,461 | ||||||||||
Payments: | ||||||||||||
Employee Costs Salaries | 223,534,938 | 211,437,180 | ||||||||||
Employee Costs Travelling | 20,179,357 | 19,711,145 | ||||||||||
Superannuation | 38,114,327 | 37,710,333 | ||||||||||
Suppliers | 75,104,172 | 5,168,742 | ||||||||||
Interest Paid | 129,113,057 | 137,955,502 | ||||||||||
Grants, Contributions and Subsidies | 138,783,384 | 98,242,095 | ||||||||||
Capital Goods Purchases | 30,393,334 | 44,085,132 | ||||||||||
Other Payments | 22,381,021 | 124,332,279 | ||||||||||
|
|
|
| |||||||||
Total Payments | 677,603,590 | 678,642,408 | ||||||||||
Net Cash from Operating Activities | (103,269,939 | ) | 77,826,053 | |||||||||
Cash Flows from Financing Activities | ||||||||||||
Proceeds from Borrowings | 54,767,003 | 52,714,278 | ||||||||||
Repayment of Borrowings | (136,893,065 | ) | (149,528,557 | ) | ||||||||
Repayment of GOJ Guaranteed Loan | 1,023,337 | 856,875 | ||||||||||
Domestic Benchmark Notes | 143,789,182 | 53,613,997 | ||||||||||
Treasury Bills Issued | 22,303,697 | 21,471,574 | ||||||||||
Treasury Bills Redeemed | (22,239,529 | ) | (20,909,582 | ) | ||||||||
Other | (503,219 | ) | 0 | |||||||||
|
|
|
| |||||||||
Net cash from Financing Activities | 62,247,406 | (41,781,415 | ) | |||||||||
|
|
|
|
34
Statement VI - Statement of Cash Flows (Cont’d)
2021 | 2020 | |||||||||||||||
J$ 000 | J$‘000 | |||||||||||||||
Notes | ||||||||||||||||
Net increase/(decrease) in Cash | (41,022,533 | ) | 36,044,638 | |||||||||||||
Cash at Beginning of Period | 111,160,908 | 70,087,771 | ||||||||||||||
Unrealized foreign exchange gains | 3,475,613 | 5,028,499 | ||||||||||||||
|
|
|
| |||||||||||||
Net Ending Cash Balance March 31, 2021 | 6 | 73,613,988 | 111,160,908 | |||||||||||||
|
|
|
|
35
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement VII - Statement of Transfers from the Capital Development Fund
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
Notes | $‘000 | $‘000 | ||||||||||
Bauxite Production Levy Received | 64,138,018 | |||||||||||
Less: Refund/Remissions | 630,614 | |||||||||||
|
| |||||||||||
Net Receipts | 63,507,404 | |||||||||||
Add: Retained Earnings | 2,827,893 | |||||||||||
|
| |||||||||||
66,335,297 | ||||||||||||
Less: | ||||||||||||
(a) Transfers to Consolidated Fund to date | 53,606,653 | |||||||||||
(b) Grants | 10,898,256 | |||||||||||
(c) Net Levy Written off | 153,315 | |||||||||||
|
| |||||||||||
64,658,224 | ||||||||||||
|
| |||||||||||
Value of Fund at 31st March, 2021 | 7 | 1,677,073 | ||||||||||
|
|
Source: Development Bank of Jamaica
36
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement VIII - Contingencies Fund
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
2021 | 2020 | |||||||||||
Notes | $‘000 | $‘000 | ||||||||||
Opening Balance | 4,504,189 | 2,094,000 | ||||||||||
Increase in Contingencies Fund | 0 | 2,410,189 | ||||||||||
Disbursement of advances from the Contingencies Fund | (4,800,000 | ) | 0 | |||||||||
Recoveries of advances to Contingencies Fund | 4,300,000 | 0 | ||||||||||
|
|
|
| |||||||||
Balance at Year End | 8 | 4,004,189 | 4,504,189 | |||||||||
|
|
|
|
37
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement IX – Local (Internal) Debt
Year Ended March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
2021 | 2020 | |||||||||||||||
Local Debt | Notes | $‘000 | $‘000 | |||||||||||||
I Perpetual Annuities | 155 | 155 | ||||||||||||||
|
|
|
| |||||||||||||
II Market Loans: | ||||||||||||||||
Treasury Bills | 10,300,000 | 10,300,000 | ||||||||||||||
J$ Benchmark Investment Notes | 731,596,618 | 700,239,685 | ||||||||||||||
CPI-Indexed Investment Notes | 53,328,253 | 51,114,047 | ||||||||||||||
|
|
|
| |||||||||||||
Total Market Loans | 795,224,871 | 761,653,732 | ||||||||||||||
III Institutional Loans: | ||||||||||||||||
Development Bank of Jamaica | 0 | 100,417 | ||||||||||||||
|
|
|
| |||||||||||||
Total Institutional Loans | 0 | 100,417 | ||||||||||||||
|
|
|
| |||||||||||||
Total Local Debt | 9.1 | 795,225,026 | 761,754,304 | |||||||||||||
|
|
|
|
38
GOVERNMENT OF JAMAICA
FINANCIAL STATEMENTS OF THE CONSOLIDATED FUND
Statement IX –Foreign (External) Debt
As at March 31, 2021
(Expressed in Jamaican dollars unless otherwise specified)
2021 | 2020 | |||||||||||
J$ Equivalent | J$ Equivalent | |||||||||||
Notes | $‘000 | $‘000 | ||||||||||
EXTERNAL DEBT | ||||||||||||
I Currency Obligations to Commercial Enterprises: | ||||||||||||
Bond Holders | 754,745,331 | 697,218,098 | ||||||||||
Commerz Bank | 0 | 1,420,937 | ||||||||||
Total Currency Obligations to Commercial Enterprises | 754,745,331 | 698,639,035 | ||||||||||
II Foreign Government & Government Agencies | ||||||||||||
USAID | 28,555 | 29,062 | ||||||||||
US Department of Agriculture | 761,774 | 1,470,136 | ||||||||||
China | 80,347,105 | 78,198,193 | ||||||||||
Federal Republic of Germany | 1,301,052 | 1,249,093 | ||||||||||
Japan | 405,696 | 1,016,311 | ||||||||||
Netherlands Investment Bank | 79,888 | 126,583 | ||||||||||
Kingdom of Belgium | 392,972 | 380,435 | ||||||||||
Kuwait | 60,611 | 162,469 | ||||||||||
Venezuela | 16,047,748 | 15,959,552 | ||||||||||
|
|
|
| |||||||||
Total Foreign Government & Government Agencies | 99,425,401 | 98,591,834 | ||||||||||
III International & Multilateral Institutions: | ||||||||||||
Inter -American Development Bank | 238,210,056 | 207,799,029 | ||||||||||
Caribbean Development Bank | 28,002,023 | 29,038,392 | ||||||||||
Int’l Bank for Reconstruction & Development | 152,771,542 | 129,287,821 |
39
Statement IX –Foreign (External) Debt (Cont’d)
2021 | 2020 | |||||||||||
J$ Equivalent | J$ Equivalent | |||||||||||
Notes | $‘000 | $‘000 | ||||||||||
OPEC Fund for Int’l Development | 1,806,315 | 1,985,562 | ||||||||||
European Economic Community Commission | 3,447,424 | 3,937,314 | ||||||||||
European Investment Bank | 27,907 | 34,958 | ||||||||||
NORDIC Development Fund | 680,056 | 517,547 | ||||||||||
International Monetary Fund | 16,156,678 | 15,163,493 | ||||||||||
|
|
|
| |||||||||
Total International & Multilateral Institutions | 441,102,001 | 387,764,116 | ||||||||||
Total Foreign Debt | 9.2 | 1,295,272,733 | 1,184,994,985 | |||||||||
Total Local Debt | 795,225,026 | 761,754,304 | ||||||||||
|
|
|
| |||||||||
TOTAL LOCAL & FOREIGN DEBT | 2,090,497,759 | 1,946,749,289 | ||||||||||
|
|
|
|
40
Notes to the Financial Statements
1 Statement of Receipts and Payments of the Consolidated Fund
This Statement is a summary of receipts and payments of the Consolidated Fund Accounts.
1.1 The Consolidated Fund - Opening
The Consolidated Fund accounts are comprised of: Jamaican Dollar Consolidated Fund Bank Account $58.902 billion; United States Dollar Consolidated Fund Bank Account (US$233.166 million @ J$ 136.07140) $31.727 billion; and Deposits in Transit ($20.532 billion), aggregate of $111.161 billion as of April 1, 2020.
1.2 The Consolidated Fund - Closing
The Consolidated Fund accounts are comprised of: J$ Consolidated Fund Bank Account $38.670 billion; US$ Consolidated Fund Bank Account (US$238.992 million @ J$146.21500) $34.944 billion, aggregate of $73.614 billion as of March 31, 2021.
1.3 Refunds from the Central Payment Account
Negative warrants in the amount of $235.707 million were issued during the reporting period mainly to reallocate issues from the Consolidated Fund to new Heads.
2. Statement of Financing
This Statement details receipts and payments from the Consolidated Fund Account for the period and shows how the surplus was used or how the deficit was financed.
2.1 Net Surplus/ (Deficit)
There was a deficit of $40.787 billion for the year in comparison to a surplus of $36.541 billion for the financial year 2020.
3. Statement of Revenue Estimates Compared with Consolidated Fund Receipts
This Statement includes Revenue Estimates and Actual Receipts, as well as, comparative data from the previous year.
3.1 Tax Revenue Recurrent
These are receipts generated from taxes. Included in this statement are the amounts that were transferred to the Consolidated Fund by the Principal Receivers of Revenue (PRRs). All revenues generated by the PRRs are not required to be transferred to the Consolidated Fund.
3.2 Non-Tax Revenue Recurrent
Total receipts recorded for the year in the Consolidated Fund for this revenue category is $62.316 billion. The main revenue components include Miscellaneous Revenue, De-earmarked Receipts, Financial Distributions and Loan Interest. Dividends and Other Miscellaneous Revenue from public bodies are also included.
41
Notes to the Financial Statements (Cont’d)
3.3 Capital Revenue
This includes revenue raised through grants and loan repayments.
3.4 External Loans
These are receipts recorded in the Consolidated Fund Principal Bank Accounts for funds raised via capital markets and from multilateral and bilateral loans.
3.5 Domestic Loans
These receipts include benchmark notes and treasury bills received in the Consolidated Fund Principal Bank account. Benchmark notes amounts to $143.789 billion for the financial year (2020: $53.614 billion).
3.6 Surrendered Balances
These receipts represent unexpended warrant cash balances from current or prior years returned to the Consolidated Fund Principal Bank account.
4 Statement of Expenditure Compared with Issues from the Consolidated Fund
This statement details issues from the Consolidated Fund Principal Bank Account. Total Issues from the Consolidated Fund for the year was $837.003 billion (2020: $840.472 billion) compared with total Estimates of $850.329 billion. (2020: $859.072 billion)
4.1 Recurrent Statutory Expenditure
Statutory Recurrent Expenditure details public debt charges and expenditure to certain statutory heads such as Pensions, His Excellency Governor General and the Auditor General.
Public Debt Servicing (Amortization) was reclassified to Statutory Recurrent Expenditure. An amount of $136.893 billion is included in the total statutory recurrent expenditure for amortization (2020: $148.532 billion).
4.2 Recurrent Voted Expenditure
Voted Recurrent Expenditure are issues from the Consolidated Fund Principal Bank Account for Ministries, Departments and Agencies displayed by Head.
4.3 Voted Capital Expenditure
An amount of $50.276 billion (2020: $70.677 billion) was issued for Voted Capital Expenditure.
4.4 Treasury Bills
Treasury Bills redeemed for the reporting period were $22.240 billion (2020: $20.909 billion) whilst $22.304 billion (2020: $21.471 billion) were issued resulting in a net receipt to the Consolidated Fund of $0.064 billion (2020: $0.562 billion)
42
Notes to the Financial Statements (Cont’d)
5. Statement of Consolidated Fund Balances
This Statement summarises the receipts and payments recorded in the Consolidated Fund Principal Bank Account and how both relate to the opening and closing cash balances in the Consolidated Fund Principal Bank Account.
6. Statement of Cash Flows
The Statement of Cash Flows classifies the flow of funds for the period by operating, investing and financing activities.
7. Capital Development Fund
The Capital Development Fund is funded by the Bauxite Levy from which transfers are made to the Consolidated Fund Principal Bank Account.
8. Contingencies Fund
The Contingencies Fund is established pursuant to Section 118 of the Constitution and further guided by Section 13 of the FAA Act. An amount of $4.8 billion was advanced to two (2) Ministries to assist in the response to the Coronavirus Pandemic. An advance of $4.3 billion was recovered during the financial year. The balance of the Contingencies Fund as at March 31, 2021 was $4.004 billion (2020: $4.504 billion).
9. Statement of Local (Internal) and Foreign (External) Debt
This statement details outstanding local and foreign debt as at March 31, 2021.
43
Notes to the Financial Statements (Cont’d)
NOTE 9.1
GOVERNMENT OF JAMAICA
STATEMENT VIII
STATEMENT OF OUTSTANDING PUBLIC DEBT (LOCAL)
AS AT MARCH 31, 2021
INTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
I PERPETUAL ANNUITIES | ||||||||||
PERPETUAL ANNUITIES | JAM | 154,832.69 | 154,832.69 | |||||||
|
| |||||||||
SUB-TOTAL PERPETUAL ANNUITIES | JAM | 154,833.00 | 154,832.69 | |||||||
|
| |||||||||
SUB-TOTAL CATEGORY I (PERPETUAL ANNUITIES) | JAM | 154,832.69 | ||||||||
|
| |||||||||
II MARKET LOANS | ||||||||||
(a) TREASURY BILLS | ||||||||||
Treasury Bills Issue - 0.74% Due - Apr-2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 1.12% Due - April-2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 1.58% Due - April-2021 | JAM | 800,000,000.00 | 800,000,000.00 | |||||||
Treasury Bills Issue - 1.53% Due - May-2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 0.94% Due - May-2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 1.65% Due - May-2021 | JAM | 800,000,000.00 | 800,000,000.00 | |||||||
Treasury Bills Issue - 1.23% Due - June-2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 0.86% Due - June-2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 0.81% Due - July-2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 1.96% Due - August- 2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 1.04% Due - August-2021 | JAM | 800,000,000.00 | 800,000,000.00 | |||||||
Treasury Bills Issue - 1.52% Due - September -2021 | JAM | 700,000,000.00 | 700,000,000.00 | |||||||
Treasury Bills Issue - 0.99% Due - October-2021 | JAM | 800,000,000.00 | 800,000,000.00 | |||||||
Treasury Bills Issue - 2.41% Due - November - 2021 | JAM | 800,000,000.00 | 800,000,000.00 | |||||||
|
| |||||||||
SUB-TOTAL (a) Treasury Bills | JAM | 10,300,000,000.00 | ||||||||
|
|
44
INTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
(b) Jamaica Dollar Benchmark Investment Notes | ||||||||||
GOJ FIXED RATE 8.75% BENCHMARK INVESTMENT NOTES - Due 2022 | JAM | 4,000,000,000.00 | 4,000,000,000.00 | |||||||
GOJ FIXED RATE 12.875% BENCHMARK INVESTMENT NOTES - Due 2024 | JAM | 65,791,000.00 | 65,791,000.00 | |||||||
GOJ FIXED RATE 13.25% BENCHMARK INVESTMENT NOTES - Due 2040 | JAM | 7,431,000.00 | 7,431,000.00 | |||||||
GOJ FIXED RATE 11.00% BENCHMARK INVESTMENT NOTES - Due 2024 | JAM | 23,704,500,427.00 | 23,704,500,427.00 | |||||||
GOJ FIXED RATE STEP UP INVESTMENT NOTES - Due 2024 “FR24B” | JAM | 4,946,293,367.00 | 4,946,293,367.00 | |||||||
GOJ FIXED RATE STEP UP INVESTMENT NOTES - Due 2024 “FR24C” | JAM | 8,700,929,000.00 | 8,700,929,000.00 | |||||||
GOJ FIXED RATE ACCRETING INVESTMENT NOTES - Due 2028 | JAM | 124,279,325,612.05 | 124,279,325,612.05 | |||||||
GOJ FIXED RATE 11.875% BENCHMARK INVESTMENT NOTES - Due 2030 | JAM | 24,128,232,715.00 | 24,128,232,715.00 | |||||||
GOJ FIXED RATE 11.25% BENCHMARK INVESTMENT NOTES - Due 2046 | JAM | 2,896,758,593.00 | 2,896,758,593.00 | |||||||
GOJ FIXED RATE 12.25% BENCHMARK INVESTMENT NOTES - Due 2050 | JAM | 47,715,800,900 | 47,715,800,900 | |||||||
GOJ FIXED RATE 7.75% BENCHMARK INVESTMENT NOTES - Due 2022 | JAM | 15,707,606,000.00 | 15,707,606,000.00 | |||||||
GOJ FIXED RATE 11.25% BENCHMARK INVESTMENT NOTES - Due 2046 | JAM | 29,963,057,000.00 | 29,963,057,000.00 | |||||||
GOJ FIXED RATE 9.50 % BENCHMARK INVESTMENT NOTES - Due 2026 | JAM | 18,626,573,000.00 | 18,626,573,000.00 | |||||||
GOJ FIXED RATE 9.625% BENCHMARK INVESTMENT NOTES - Due 2031 | JAM | 12,109,279,000.00 | 12,109,279,000.00 | |||||||
GOJ FIXED RATE 7.25% BENCHMARK INVESTMENT NOTES - Due 2021 | JAM | 26,495,000,200.00 | 26,495,000,200.00 | |||||||
GOJ FIXED RATE 10.00% BENCHMARK INVESTMENT NOTES - Due 2037 | JAM | 34,559,058,800 | 34,559,058,800 | |||||||
GOJ FIXED RATE 5.50% BENCHMARK INVESTMENT NOTES - Due 2023 | JAM | 47,569,851,500 | 47,569,851,500 | |||||||
GOJ FIXED RATE 5.675% BENCHMARK INVESTMENT NOTES - Due 2029 | JAM | 46,048,736,000 | 46,048,736,000 | |||||||
GOJ FIXED RATE 6.25% BENCHMARK INVESTMENT NOTES - Due 2048 | JAM | 20,836,667,000 | 20,836,667,000 | |||||||
GOJ FIXED RATE 4.25% BENCHMARK INVESTMENT NOTES - Due 2024 | JAM | 5,023,534,000.00 | 5,023,534,000.00 | |||||||
GOJ FIXED RATE 5.80% BENCHMARK INVESTMENT NOTES - Due 2034 | JAM | 48,707,288,500 | 48,707,288,500 | |||||||
GOJ VARIABLE RATE BENCHMARK INVESTMENT NOTE - DUE 2022 | JAM | 2,048,500.00 | 2,048,500.00 | |||||||
GOJ VARIABLE RATE BENCHMARK INVESTMENT NOTE - DUE 2027 | JAM | 2,000,000.00 | 2,000,000.00 | |||||||
GOJ VARIABLE RATE BENCHMARK INVESTMENT NOTE - Due 2023 | JAM | 42,888,333,415.00 | 42,888,333,415.00 | |||||||
GOJ VARIABLE RATE STEP UP BENCHMARK INVESTMENT NOTE - Due 2025 | JAM | 91,922,865,518.00 | 91,922,865,518.00 | |||||||
GOJ VARIABLE RATE STEP UP BENCHMARK INVESTMENT NOTE - Due 2035 | JAM | 50,689,657,296.00 | 50,689,657,296.00 | |||||||
|
| |||||||||
SUB-TOTAL (b) Jamaica Dollar Benchmark Investment Notes | JAM | 731,596,618,343.05 | ||||||||
|
|
45
INTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
(c) CPI-Indexed Investment Notes | ||||||||||
CPI -INDEXED INVESTMENT NOTES - DUE 2022 | JAM | 3,550,000.00 | 6,585,756.69 | |||||||
CPI -INDEXED INVESTMENT NOTES - Due 2025 | JAM | 7,626,184,886.00 | 11,080,426,131.52 | |||||||
CPI -INDEXED INVESTMENT NOTES - Due 2033 | JAM | 19,496,712,060.00 | 28,327,647,574.48 | |||||||
CPI -INDEXED INVESTMENT NOTES - Due 2040 | JAM | 9,576,133,182.00 | 13,913,593,485.46 | |||||||
|
| |||||||||
SUB-TOTAL (c) CPI-Indexed Investment Notes | JAM | 53,328,252,948.15 | ||||||||
|
| |||||||||
SUB-TOTAL CATEGORY II (MARKET LOANS) | JAM | 795,224,871,291.20 | ||||||||
|
| |||||||||
TOTAL INTERNAL DEBT | JAM | 795,225,026,123.89 | ||||||||
|
|
Source: Debt Management Branch, Ministry of Finance and the Public Service
46
Notes to the Financial Statements (Cont’d)
NOTE 9.2
GOVERNMENT OF JAMAICA
STATEMENT VIII
STATEMENT OF OUTSTANDING PUBLIC DEBT (FOREIGN)
AS AT MARCH 31, 2021
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
I FOREIGN CURRENCY OBLIGATIONS TO COMMERCIAL ENTERPRISES | ||||||||||
1) BOND HOLDERS | ||||||||||
US250M BOND (11.625%) 2022 | US | 208,239,000.00 | 30,523,943,330.70 | |||||||
US$250M 9.25% NOTES DUE 2025 | US | 80,125,000.00 | 11,744,826,662.50 | |||||||
US$250M 8.5% BOND 2036 | US | 199,430,000.00 | 29,232,708,659 | |||||||
US$500M 8 % BOND 2039 | US | 1,117,678,000.00 | 163,830,694,221.40 | |||||||
US$200M 8% BOND due 2021 | US | 1,154,841 | 169,278,095.07 | |||||||
US$800M 7.625% Bond due 2025 | US | 381,606,000.00 | 55,936,303,567.80 | |||||||
US$1,350M 6.75% Bond due 2028 | US | 1,359,455,000.00 | 199,270,681,191.50 | |||||||
US$650M 7.975% BOND DUE 2045 | US | 1,801,300,000.00 | 264,036,895,690.00 | |||||||
|
| |||||||||
TOTAL - BOND HOLDERS | 754,745,331,417.97 | |||||||||
|
| |||||||||
II FOREIGN GOVERNMENT AND GOVERNMENT AGENCIES | ||||||||||
a) UNITED STATES | ||||||||||
1. U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT | ||||||||||
532-T-046D CROP DIVERSIFICATION & IRRIGATION PROJ. | US | 194,806.91 | 28,555,050.12 | |||||||
|
| |||||||||
TOTAL - U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT | 28,555,050.12 | |||||||||
|
|
47
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
2. UNITED STATES DEPARTMENT OF AGRICULTURE | ||||||||||
91 JMI USDA PL480 - 1991 DELIVERIES (17.805) | US | 712,239.40 | 104,400,977.16 | |||||||
91 JMI PURCHASE OF FOOD CALENDAR YEAR 1991 (9.869) | US | 394,772.92 | 57,866,327.82 | |||||||
92 JMI 1 USDA PL480 | US | 335,772.04 | 49,217,902.13 | |||||||
92 JMI GOJ/CCC PL480 AGREEMENT20.76M -1992 DELIVERIES | US | 1,660,733.00 | 243,432,402.09 | |||||||
04 JMA PL 480 RESCHEDULED | US | 2,093,417.74 | 306,855,893.77 | |||||||
|
| |||||||||
TOTAL - UNITED STATES DEPT. OF AGRICULTURE | 761,773,502.97 | |||||||||
|
| |||||||||
TOTAL- UNITED STATES | 790,328,553.09 | |||||||||
|
| |||||||||
b) CHINA | ||||||||||
1. EXIM BANK OF CHINA | ||||||||||
JAMAICA CRICKET STADIUM PROJECT | CNY | 71,004,983.5 | 1,584,725,644.59 | |||||||
MONTEGO BAY CONVENTION CENTER | CNY | 158,064,516.10 | 3,527,764,949.96 | |||||||
PALISADOES SHORELINE PROTECTION REHABILITATION WORKS PROJECT | USD | 23,240,000.00 | 3,406,549,412.00 | |||||||
JAMAICA ECONOMIC HOUSING PROJECT | CNY | 298,298,081.20 | 6,657,569,587.27 | |||||||
JAMAICA ROAD IMPROVEMENT & REHABILITATION WORKS PROJECT | USD | 153,000,000 | 22,426,938,900.00 | |||||||
MAJOR INFRASTRUCTURE DEVELOPMENT PROGRAMME | USD | 232,123,834.39 | 34,025,013,405.87 | |||||||
JAMAICA SOUTHERN COASTAL HIGHWAY IMPROVEMENT PROJECT | USD | 56,434,023.09 | 8,272,172,468.76 | |||||||
|
| |||||||||
TOTAL EXIM BANK OF CHINA | 79,900,734,368.46 | |||||||||
|
| |||||||||
2. PEOPLE’S REPUBLIC OF CHINA 20.0MN YUAN | ||||||||||
AGREEMENT ON ECONOMIC AND TECHNICAL CO-OPERTION 20.0M YUAN | CNY | 20,000,000.00 | 446,370,254.25 | |||||||
|
| |||||||||
TOTAL PEOPLE’S REPUBLIC OF CHINA | 446,370,254.25 | |||||||||
|
| |||||||||
TOTAL CHINA | 80,347,104,622.71 | |||||||||
|
|
48
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
c) FEDERAL REPUBLIC OF GERMANY | ||||||||||
1. KREDITANSTALT FUR WIEDERAUFBAU | ||||||||||
89-65-121 HURRICANE RECONSTRUCTION ASSISTANCE 2 | EURO | 2.851,524.20 | 496,743,288.84 | |||||||
89-65-857 HURRICANE RECONSTRUCTION ASSISTANCE III | EURO | 2,868,468.90 | 499,695,104.95 | |||||||
93-65-941 REHAB OF 5 SMALL HYDROPOWER PLANTS | EURO | 1,748,618.10 | 304,614,036.86 | |||||||
|
| |||||||||
TOTAL - KREDITANSTALT FUR WIEDERAUFBAU | 1,301,052,430.66 | |||||||||
|
| |||||||||
TOTAL – FEDERAL REPUBLIC OF GERMANY | 1,301,052,430.66 | |||||||||
|
| |||||||||
d) JAPAN | ||||||||||
1. OVERSEAS ECONOMIC CORPORATION FUND | ||||||||||
JM-P6 KGN METROPOLITAN WATER SUPPLY PROJECT | YEN | 253,544.00 | 336,927,218.97 | |||||||
|
| |||||||||
TOTAL - OVERSEAS ECONOMIC CORPORATION FUND | 336,927,218.97 | |||||||||
|
| |||||||||
2. JAPAN INTERNATIONAL CO-OPERATION AGENCY | ||||||||||
ENERGY MANAGEMENT AND EFFICIENCY PROGRAMME | USD | 469,148.00 | 68,768,323.73 | |||||||
|
| |||||||||
TOTAL - JAPAN INTERNATIONAL CO-OPERATION AGENCY | 68,768,323.73 | |||||||||
|
| |||||||||
TOTAL - JAPAN | 405,695,542.70 | |||||||||
|
| |||||||||
e) NETHERLAND INVESTMENT BANK | ||||||||||
1978.03 CONSOLIDATION OF INTEREST AMOUNTS | EURO | 336,525.90 | 58,623,736.85 | |||||||
1980.02 CONSOLIDATION OF INTEREST AMOUNTS | EURO | 122,066.40 | 21,264,291.21 | |||||||
|
| |||||||||
TOTAL - NETHERLAND INVESTMENT BANK | 79,888,028.06 | |||||||||
|
|
49
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
f) BELGIUM | ||||||||||
1. GOVT. OF THE KINGDOM OF BELGIUM | ||||||||||
MODERNIZATION OF KINGSTON MUNICIPALITY | EURO | 2,255,831.10 | 392,971,859.31 | |||||||
|
| |||||||||
TOTAL - GOVT. OF THE KINGDOM OF BELGIUM | 392,971,859.31 | |||||||||
|
| |||||||||
g) KUWAIT | ||||||||||
KUWAIT FUND FOR ARAB ECONOMIC DEVELOPMENT | ||||||||||
ROAD REHABILITATION PROJECT 2 - LOAN #760 | KWD | 125,000.00 | 60,610,781.22 | |||||||
|
| |||||||||
TOTAL - KUWAIT | 60,610,781.22 | |||||||||
|
| |||||||||
h) VENEZUELA | ||||||||||
MONTEGO BAY SPORTS COMPLEX PH 3 (21-294) | US | 1,930,196.04 | 282,930,644.80 | |||||||
PORT MARIA CIVIC CENTRE PH 2 (20-293) | US | 431,801.53 | 63,294,029.61 | |||||||
VENEZUELA ENERGY AGREEMENT | US | 107,118,188.75 | 15,701,523,360.62 | |||||||
|
| |||||||||
TOTAL VENEZUELA | 16,047,748,035.03 | |||||||||
|
| |||||||||
TOTAL FOREIGN GOVERNMENT & GOVERNMENT AGENCIES | 99,425,399,852.77 | |||||||||
|
| |||||||||
III INTERNATIONAL & MULTILATERAL INSTITUTIONS | ||||||||||
a) INTER-AMERICAN DEVELOPMENT BANK | ||||||||||
787/SF-JA WEST KINGSTON RE-DEVELOPMENT PROJECT US$ Equiv | US | 65,592.41 | 9,614,620.73 | |||||||
812/SF-JA LAND TITLING PROJECT | US | 131,275.10 | 19,242,474.82 | |||||||
1005/OC-JA JAMAICA SOCIAL INVESTMENT FUND | US | 732,410.53 | 107,357,687.62 | |||||||
1028/OC-JA HEALTH SECTOR REFORM PROGRAM | US | 588,439.95 | 86,254,278.18 | |||||||
1185/OC-JA SOLID WASTE MANAGEMENT PROGRAM | US | 632,126.86 | 92,657,976.90 | |||||||
1197/OC-JA PARISH INFRASTRUCTURE | US | 2,046,687.76 | 300,006,152.55 | |||||||
1264/OC-JA PRIMARY EDUCATION SUPPORT PRG. | US | 7,491,558.72 | 1,098,122,416.20 |
50
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
1283/OC-JA AGRICULTURAL SUPPORT SERVICES PROJECT | US | 4,614,361.39 | 676,379,091.22 | |||||||
1344/OC-CITIZEN, SECURITY & JUSTICE | US | 3,910,157.25 | 573,155,932.91 | |||||||
1355/OC-JA SOCIAL SAFETY NET | US | 4,000,000.00 | 586,325,200.00 | |||||||
1360/OC-JA RURAL WATER | US | 2,272,648.20 | 333,127,727.6 | |||||||
1363/OC -JA -NATIONAL ROAD IMPROVEMENT | US | 1,276,230.24 | 187,071,487.68 | |||||||
1419/OC-JA EMERGENCY RECONSTRUCTION | US | 4,844,596.72 | 710,127,285.19 | |||||||
1438/OC/JA -RE INFORMATION AND COMM. TECH PROJECT | US | 3,312,724.37 | 485,583,444.70 | |||||||
1559/OC/JA-1- SOCIAL PROTECTION SUPPORT FOR FOOD PRICE CRISIS | US | 7,125,000.00 | 1,044,391,762.5 | |||||||
1562/OC-JA - NATIONAL IRRIGATION DEVELOPMENT PROGRAM | US | 3,800,388.28 | 557,065,854.59 | |||||||
1959/OC/JA - EMERGENCY ASSIST. - 2007 ATLANTIC HURRICANE SEASON | US | 5,999,868.42 | 879,468,512.83 | |||||||
1972/OC/JA - COMPETITIVENESS ENHANCEMENT PROGRAM | US | 15,000,000.00 | 2,198,719,500.00 | |||||||
2026/OC/JA - TRANSPORTATION INFRASTRUCTURE REHAB. PROGRAMME | US | 32,771,914.13 | 4,803,749,776.66 | |||||||
2039/OC/JA - YOUTH DEVELOPMENT PROGRAM PHASE 1 | US | 6,276,346.09 | 919,994,969.12 | |||||||
2058/OC/JA - PUBLIC FINANCIAL & PERFORMANCE MANAGEMENT | US | 32,000,000.00 | 4,690,601,600.00 | |||||||
2074/OC/JA - EDUCATION REFORM PROGRAM | US | 16,000,000.00 | 2,345,300,800.00 | |||||||
2100/OC/JA - SUPPLEMENTAL LOAN TO FINANCE THE PESP ACTIVITIES | US | 7,552,544.70 | 1,107,061,820.43 | |||||||
2272/OC/JA - CITIZEN SECURITY AND JUSTICE PROGRAM 11 | US | 13,999,999.93 | 2,052,138,189.74 | |||||||
2276/OC/JA - ROAD IMPROVEMENT PROGRAM | US | 6,843,811.21 | 1,003,174,744.12 | |||||||
2297/OC/JA - COMPETITIVE ENHANCEMENT PROGRAM | US | 36,000,000.00 | 5,276,926,800.00 | |||||||
2298/OC/JA - PUBLIC FINANCIAL & PERFORMANCE MGMT PROG. 11 | US | 36,002,071.23 | 5,277,230,403.59 | |||||||
2299/OC/JA - HUMAN CAPITAL AND PROTECTION PROGRAM | US | 29,999,999.96 | 4,397,438,994.14 | |||||||
2300/OC/JA - SUPPORT FOR EDUCATION SECTOR REFORM 11 (PBL) | US | 18,000,000.00 | 2,638,463,400.00 | |||||||
2301/OC/JA - SUPPORT FOR EDUCATION SECTOR REFORM 11 (Investment) | US | 7,242,257.29 | 1,061,579,488.50 | |||||||
2359/OC/JA - FISCAL CONSOLIDATION PG FIRST PROG OPERATION | US | 126,666,666.63 | 18,566,964,661.29 | |||||||
2444/OC-JA - AGRICULTURAL COMPETITIVENESS PROGRAMME | US | 11,516,457.95 | 1,688,097,377.71 | |||||||
2502/OC/JA - FISCAL CONSOLIDATION PROGRAMME 11 | US | 133,333,333.30 | 19,544,173,328.45 | |||||||
2519/OC/JA - HUMAN CAPITAL AND PROTECTION PROGRAMME 11 | US | 33,333,333.30 | 4,886,043,328.45 | |||||||
2521/OC-JA - PUBLIC FINANCIAL & PERFORMANCE MANAGEMENT PROGRAMME III | US | 52,000,000 | 7,662,227,600.00 | |||||||
2629/OC/JA - ENERGY EFFICIENCY & CONSERVATION PROGRAMME | US | 3,161,377.04 | 463,398,756.31 | |||||||
2658/OC/JA - FISCAL ADMINISTRATION & MODERNIZATION PROGRAMME | US | 39,738,157.10 | 5,824,870,727.32 |
51
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
2889/OC-JA - INTEGRATED SOCIAL PROTECTION AND LABOUR PROGRAMME | US | 25,503,436.15 | 3,738,326,825.33 | |||||||
3121/OC-JA - PUBLIC SECTOR EFFIENCY PROGRAMME (PSE) | US | 7,711,738.12 | 1,130,396,598.89 | |||||||
3122/OC-JA - PUBLIC SECTOR EFFIENCY PROGRAMME (PSE) CHINA CO-FINANCING | US | 4,943,524.6 | 724,624,262.45 | |||||||
3147/OC-JA - COMPETITIVENESS ENHANCEMENT PROGRAMME III | US | 52,000,000.00 | 7,622,227,600.00 | |||||||
3148/OC-JA - FISCAL STRUCTURAL PROGRAMME FOR ECONOMIC GROWTH | US | 69,333,333.33 | 10,162,970,132.84 | |||||||
3191/OC-JA - CITIZEN SECURITY JUSTICE PROGRAMME III | US | 19,029,853.86 | 2,789,420,717.61 | |||||||
3381/SX-JAADAPT PRG &FIN MECH FOR THE PILOT PRG FOR PPCR JAM | US | 8,247,100.00 | 1,235,255,273.23 | |||||||
3511/OC-JA - FISCAL STRUCTURAL PROGRAMME FOR ECONOMIC GROWTH II | US | 125,666,666.67 | 18,420,383,367.16 | |||||||
3560/OC-JA - EDUCATION SECTOR REFORM III | US | 25,000,000.00 | 3,664,532,500.00 | |||||||
3565/OC-JA - INTEGRATED SUPPORT TO JAMAICA SOCIAL | ||||||||||
PROTECTION STRATEGY | US | 47,963,901.29 | 7,026,653,309.06 | |||||||
3704/OC-JA - FINANCIAL SYSYTEM REFORM SUPPORT PROGRAMME | US | 100,000,000.00 | 14,658,130,000.00 | |||||||
3880/OC-JA-FISCAL STRUCTURALPROGRAMME FOR ECONOMIC GROWTH III | US | 43,587,097.77 | 6,389,053,454.35 | |||||||
3877/OC-JA - ENERGY MANAGEMENT AND EFFICIENCY PROGRAMME | US | 2,181,536.00 | 319,772,382.88 | |||||||
4115/OC-JA - CREDIT ENHANCING PROGRAMME FOR MICRO, SMALL AND MEDIUM ENTERPRISES | US | 9,426,222.78 | 1,381,707,989.18 | |||||||
4373/OC-JA - SUPPORT TO THE PUBLIC SECTOR TRANSFORMATION PROJECT (POLICY-BASED) | US | 110,000,000.00 | 16,123,943,000.00 | |||||||
4374/OC-JA - SUPPORT TO THE PUBLIC SECTOR TRANSFORMATION PROJECT (INVESTMENT) | US | 14,455,465.20 | 2,118,900,881.12 | |||||||
4400/OC-JA - SECURITY STRENGTHENING PROJECT | US | 3,729,071.00 | 546,612,074.97 | |||||||
4437/OC-JA - IMPLEMENTATION OF THE NATIONAL IDENTIFICATION SYSTEM (NIDS)FOR ECONOMIC GROWTH | US | 13,990,499.47 | 2,050,745,599.96 | |||||||
4645/OC-JA SKILLS DEVELOPMENT GLOBAL SKILLS IN JAMAICA | US | 2,411,820.00 | 353,527,710.97 | |||||||
4668/OC-JA SUPPORT FOR THE HEALTH SYSTEMS STRENGTHENING | ||||||||||
FOR THE PREVENTION AND CARE MANAGEMENT FOR NON- | ||||||||||
COMMUNICABLE DISEASES PROGRAMME | US | 3,884,745.01 | 569,430,973.73 | |||||||
4669/OC-JA - SUPPORT FOR THE HEALTH SYSTEM | US | 50,000,000.00 | 7,329,065,000.00 | |||||||
4860-JM – BOOSTING INNOVATION,GROWTH,AND | ||||||||||
ENTREPRENEUSHIP ECOSYSTEM PROGRAMME | US | 604,013.90 | 88,537,142.68 | |||||||
5110/OC-JA SUPPORT FOR THE HEALTH SYSTEMS STRENGTHENING | US | 100,000,000.00 | 14,658,130,000.00 | |||||||
5236/OC-JA- STRENGTHENING FISCAL POLICY AND MANAGEMENT PROGRAMME TO RESPOND TO THE HEALTH | US | 75,000,000.00 | 10,993,597,500.00 | |||||||
|
| |||||||||
TOTAL - INTER-AMERICAN DEVELOPMENT BANK | 238,210,056,468.47 | |||||||||
|
|
52
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
b) CARIBBEAN DEVELOPMENT BANK | ||||||||||
04/SFR-JAM - SECOND WATER PROJECT | US | 103,934.76 | 15,234,892.24 | |||||||
06/SFR JAM1 - WISCO JAMAICA | EURO-US EQUIV | 102,469.80 | 17,850,,516.80 | |||||||
08/SFR-JAM - RURAL ELECTRIFICATION | US | 1,308,291.18 | 191,771,021.94 | |||||||
10/SFR-OR-JAM - SOCIAL INVESTMENT FUND | US | 4,132,591.26 | 605,760,599.26 | |||||||
11/SFR-OR-JAM CITRUS REPLANTING | US | 22,996.10 | 3,370,798.23 | |||||||
12/SFR-OR-JAM - FINANCIAL SECTOR REFORM | US | 114,746.43 | 16,819,680.88 | |||||||
13/SFR OR JAM - ENHANCEMENT OF BASIC SCHOOL | US | 4,099,662.78 | 600,933,899.85 | |||||||
14/SFR-OR-JAM - 001 IRRIGATION DEV.PROJ | US | 909,810.31 | 133,361,177.99 | |||||||
15/SFR-OR-JAM - REHAB. OF FLOOD DAMAGE | US | 3,149.890.90 | 461,715,102.98 | |||||||
15/SFR-OR-JAM - REHAB. OF FLOOD DAMAGE ADDITIONAL LOAN | US | 1,163,137.34 | 170,494,183.38 | |||||||
16/SFR-OR-JAM - WASHINGTON BOULEVARD IMPROVEMENT | US | 7,971,110.40 | 1,168,415,724.88 | |||||||
17/SFR-OR -JAM - HURRICANE DEAN REHAB WORKS | US | 5,768,751.95 | 845,591,160.21 | |||||||
17/SFR-OR -JAM 1 - HURRICANE DEAN REHAB WORKS | US | 3,986,788.02 | 584,388,570.80 | |||||||
18/SFR-OR-JAM - UTECH ENHANCEMENT PROJECT | US | 10,923,479.03 | 1,601,177,756.74 | |||||||
19/SFR-JAM COMMUNITY INVESTMENT PROJECT | US | 9,011,040.19 | 1,320,849,985.40 | |||||||
19/SFR-OR-JAM - POLICY BASED LOAN | US | 55,666,666.67 | 8,159,692,367.16 | |||||||
28/OR-JAM COASTAL HIGHWAY IMPROVEMENT #4 | US | 22,243,795.51 | 3,260,524,462.79 | |||||||
20/SFR-JM AGRICULTURAL SUPPORT | US | 7,251,000.00 | 1,057,584,079.50 | |||||||
20/SFR-OR-JAM NATURAL DISASTER GUSTAV MANAGEMENT | US | 20,933,104.23 | 3,068,401,631.07 | |||||||
23/SFR-OR JAM FISCAL CONSOLIDATION, GROWTH AND SOCIAL STABILITY LOAN | US | 32,187,500.00 | 4,718,085,593.75 | |||||||
|
| |||||||||
TOTAL - CARIBBEAN DEVELOPMENT BANK | 28,002,023,205.84 | |||||||||
|
| |||||||||
c) INT’L BANK FOR RECONSTRUCTION & DEVELOPMENT | ||||||||||
4819-JM INNER CITY PROJECT | US | 4,892,007.91 | 717,076,879.06 | |||||||
4878-JM HURRICANE DEAN EMERGENCY RECOVERY | US | 3,347,894.71 | 490,738,758.85 | |||||||
7554-JM EARLY CHILDHOOD DEVELOPMENT PROJECT | US | 10,511,592.48 | 1,540,802,890.79 | |||||||
7555-JM SOCIAL PROTECTION PROJECT | US | 28,053,371.90 | 4,112,099,722.49 | |||||||
7556-JM SECOND HIV/AIDS PROJECT | US | 6,773,370.98 | 992,849,523.63 | |||||||
7653-JM FISCAL AND DEBT SUSTAINABLILITY DEV POLICY | US | 70,000,000.00 | 10,260,691,000.00 | |||||||
7769-JM RURAL ECONOMIC DEVELOPMENT PROGRAM | US | 11,365,955.88 | 1,666,036,588.63 |
53
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
7856-JM FIRST PROGRAM FISCAL SUST. DEVELOP. POLICY LOAN | US | 155,120,000.00 | 22,737,691,256.00 | |||||||
7815-JM EDUCATION TRANSFORMATION CAPACITY BLDG. PROJECT | US | 13,904,763.38 | 2,038,178,292.43 | |||||||
8007-JM ENERGY SECURITY & EFFICIENCY ENHANCEMENT PROJECT | US | 11,864,002.34 | 1,739,040,886.20 | |||||||
8084-JM 2ND PROGRAMATIC FISCAL SUSTAINABILITY DEVELOPMENT | US | 100,000,000.00 | 14,658,130,000.00 | |||||||
8317-JM ECONOMIC STABILITY AND FOUNDATION FOR GROWTH DEVELOPMENT | US | 124,462,000.00 | 18,243,801,760.60 | |||||||
8329 ADDITIONAL FINANCING FOR SOCIAL PROTECTION PROGRAMME | US | 38,296,000.00 | 5,613,477,464.80 | |||||||
8334-JM JAMAICA EARLY CHILDHOOD DEVELOPMENT PROJECT | US | 11,047,678.43 | 1,619,383,066.25 | |||||||
8356-JM JAMAICA INTEGRATED COMMUNITY DEVELOPMENT PROJECT | US | 38,577,742.88 | 5,654,775,702.42 | |||||||
8405-JM JAMAICA YOUT EMPLOYMENT IN DIGITAL AND AMINATION INDUSTRIES | US | 11,447,355.73 | 1,677,968,284.47 | |||||||
8406-JM JAMAICA STRATEGIC PUBLIC SECTOR TRANSFORMATION | US | 29,287,667.08 | 4,293,024,314.55 | |||||||
8408-JM FOUNDATIONS FOR COMPETITIVENESS AND GROWTH PROJECT | US | 38,471,939 57 | 5,639,266,915.69 | |||||||
8470-JM FIRST COMPETITIVENESS & FISCAL MANAGEMENT PROGAMMATIC DPL | US | 75,000,000.00 | 10,993,597,500.00 | |||||||
8759-JM JAMAICA DISASTER VULNERABILITY REDUCTION PROJECT | US | 12,893,533.71 | 1,889,950,932.81 | |||||||
8581-JM SECOND COMPETITIVENESS & FISCAL MANAGEMENT PROGAMMATIC DPF | US | 70,000,000.00 | 10,260,691,000.00 | |||||||
8822-JM ACCESS TO FINANCE FOR MICRO, SMALL AND MEDIUM ENTERPRISE PROJECT | US | 5,889,216.59 | 863,249,023.74 | |||||||
9017- JM SECOND RURAL ECONOMIC DEVELOPMENT INITIATIVE | 649,682.06 | 95231,240.94 | ||||||||
9053-JM JAMAICA FIRST ECONOMIC RESILIENCE | US | 70,000,000.00 | 10,260,691,000.00 | |||||||
9216-JM JAMAICA COVID-19 RESPONSE AND RECOVERY DEVELOPMENT POLICY FINANCING | US | 100,375,000.00 | 14,713,097,987.50 | |||||||
|
| |||||||||
TOTAL - INT’L BANK FOR RECONSTRUCTION & DEV. | 152,771,541,991.85 | |||||||||
|
| |||||||||
d) OPEC FUND FOR INT’L DEVELOPMENT | ||||||||||
906-P RURAL ROAD REHABILITATION | US | 500,180.00 | 73,317,034.63 | |||||||
1007-P NATIONAL COMMUNITY DEV. PROJECT | US | 1,333,480.00 | 195,463,231.92 | |||||||
1152-P RURAL ROAD REHABILITATION PHASE 2 | US | 512,496.95 | 75,122,469.18 | |||||||
1238-P BOGUE ROAD IMPROVEMENT PROJECT | US | 9,976,797.56 | 1,462,411,956.18 | |||||||
|
| |||||||||
TOTAL - OPEC FUND FOR INT’L DEVELOPMENT | 1,806,314,691.92 | |||||||||
|
|
54
EXTERNAL DEBT | CURRENCY | BALANCE OUTSTANDING | JA$ EQUIVALENT | |||||||
e) EUROPEAN ECONOMIC COMMUNITY COMMISSION | ||||||||||
LN #8.0163 RURAL ELECTRIFICATION | EURO | 333,394.37 | 58,078,212.55 | |||||||
LN #8.0223 EXPAND COFFEE PRODUCTION | EURO | 477,032.94 | 83,100,437.87 | |||||||
LN #8.0347 SANGSTERS AIRPORT MAIN TERMINAL | EURO | 2,730,666.06 | 475,688,412.48 | |||||||
LN #8.0371 CAST & CTC STUDENT ACCOMMODATION | EURO | 550,077.78 | 95,825,047.65 | |||||||
LN #8.0383 NEGRIL OCHO-RIOS WASTE WATER PROJECT | EURO | 12,096,271.64 | 2,107,203,477.91 | |||||||
LN #8.0388 CREDIT SCH. FOR MICRO & SMALL ENTERPRISES | EURO | 2,869,438.90 | 499,864,076.55 | |||||||
LN #8.0395 MORANT/YALLAHS AGRICULTURAL DEV. PROJ. | EURO | 732,846.37 | 127,663,835.50 | |||||||
|
| |||||||||
TOTAL-EUROPEAN ECONOMIC COMMUNITY COMMISSION | 3,447,423,500.50 | |||||||||
|
| |||||||||
f) EUROPEAN INVESTMENT BANK | ||||||||||
LN #21613 PORT ANTONIO WATER & SEWERAGE PROJECT | EURO | 160,200.00 | 27,907,320.54 | |||||||
|
| |||||||||
TOTAL - EUROPEAN INVESTMENT BANK | 27,907,320.54 | |||||||||
|
| |||||||||
g) NORDIC DEVELOPMENT FUND | ||||||||||
NDF #81 PRIMARY EDUCATION IMPROVEMENT PROG. | XDR | 960,000.00 | 199,426,678.87 | |||||||
NDF #120 MULTI-SECTORAL PRE-INVESTMENT PROJECT | XDR | 993,654.54 | 206,417,941.41 | |||||||
NDF #165 AIRPORT REFORM & IMPROVEMENT PROGRAM | XDR | 1,320,000.00 | 274,211,682.72 | |||||||
|
| |||||||||
TOTAL - NORDIC DEVELOPMENT FUND | 680,056,303.00 | |||||||||
|
| |||||||||
h) INTERNATIONAL MONETARY FUND | ||||||||||
BUDGETARY SUPPORT TO THE GOVERNMENT OF JAMAICA | XDR | 77,775,004.02 | 16,156,677,829.08 | |||||||
|
| |||||||||
TOTAL - INTERNATIONAL MONETAR FUND | 16,156,677,829.08 | |||||||||
|
| |||||||||
TOTAL INTERNATIONAL & MULTINATIONAL INSTITUTIONS | 441,102,001,311.21 | |||||||||
|
| |||||||||
TOTAL EXTERNAL DEBT | 1,295,272,732,581.95 | |||||||||
|
|
Source: Debt Management Branch, Ministry of Finance and the Public Service
55