Example: Budget committee presents the following summary of budget figures for the budgetary year 2009/2010 (numbers...
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Example: Budget committee presents the following summary of budget figures for the budgetary year 2009/2010 (numbers by millions LE): Item Actual Data Taxes Compensation of employees Local Loans Acquisition of local financial assets Collection from payment of Local Loans Other Revenue Acquisition of non-financial assets Payment of foreign Loans Grants Subsidies, grants and social benefits Foreign Loans Payment of Local Loans Purchase of goods and services Collection from payment of foreign Loans Collection from privatization Issuing of stocks Acquisition of Foreign financial assets Other expenses Sales of Local financial assets Sales of foreign financial assets Other data: 2008/ 07/08 06/07 05/06 2009 850 800 2050 2000 500 400 4 2 5 830 300 700 320 1750 1500 600 1050 0 ? 500 1 260 10 0 820 800 1950 2000 400 800 3 10 5 3 5 825 810 850 425 395 250 750 700 600 325 270 350 1800 1750 1700 1400 1200 1200 550 450 800 950 1050 1100 0 0 0 ? ? 400 450 3 2 350 400 10 10 0 0 ? 500 0 170 25 0 2009/2010 Unit Ministry 1000 1200 2200 2100 1000 1000 5 5 10 800 200 500 500 1800 1500 900 1425 0 ? 600 0 200 20 0 10 900 200 500 400 1750 1500 900 1200 0 ? 150 0 175 20 0 Average rate of interest for both local and foreign loans was 7.5% for the current and last years. For the budgetary year 2009/2010 the average rate of interest is 8%. Required: Prepare the comprehensive form of the State budget for the governmental year 2009/2010. (Recording actual data is not required). Example: Budget committee presents the following summary of budget figures for the budgetary year 2009/2010 (numbers by millions LE): Item Actual Data Taxes Compensation of employees Local Loans Acquisition of local financial assets Collection from payment of Local Loans Other Revenue Acquisition of non-financial assets Payment of foreign Loans Grants Subsidies, grants and social benefits Foreign Loans Payment of Local Loans Purchase of goods and services Collection from payment of foreign Loans Collection from privatization Issuing of stocks Acquisition of Foreign financial assets Other expenses Sales of Local financial assets Sales of foreign financial assets Other data: 2008/ 07/08 06/07 05/06 2009 850 800 2050 2000 500 400 4 2 5 830 300 700 320 1750 1500 600 1050 0 ? 500 1 260 10 0 820 800 1950 2000 400 800 3 10 5 3 5 825 810 850 425 395 250 750 700 600 325 270 350 1800 1750 1700 1400 1200 1200 550 450 800 950 1050 1100 0 0 0 ? ? 400 450 3 2 350 400 10 10 0 0 ? 500 0 170 25 0 2009/2010 Unit Ministry 1000 1200 2200 2100 1000 1000 5 5 10 800 200 500 500 1800 1500 900 1425 0 ? 600 0 200 20 0 10 900 200 500 400 1750 1500 900 1200 0 ? 150 0 175 20 0 Average rate of interest for both local and foreign loans was 7.5% for the current and last years. For the budgetary year 2009/2010 the average rate of interest is 8%. Required: Prepare the comprehensive form of the State budget for the governmental year 2009/2010. (Recording actual data is not required).
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