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TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017

2017
Budget

I. REVENUES
Total Revenue & Grants 44,961,635,655
(per cent of GDP) 22.1
Domestic Revenue 43,430,116,179
Tax Revenue 34,382,052,974
Taxes on Income and Property 13,446,577,025
Company Taxes 6,460,460,000
Company Taxes on Oil 0
Other Direct Taxes 6,986,117,025

Taxes on Domestic Goods and Services 13,863,080,617


Excises 3,263,890,617
VAT 8,833,150,000
National Health Insurance Levy (NHIL) 1,438,120,000
Communication Service Tax 327,920,000

International Trade Taxes 7,072,395,332


Import Duties 6,741,300,000
Export Duties 331,095,332

Social Contributions 296,333,342


SSNIT Contribution to NHIL 296,333,342

Non-tax revenue 6,670,036,180

Other Revenue 2,081,693,682

Grants 1,531,519,476
Project Grants 1,515,187,333
Programme Grants 16,332,143

II. EXPENDITURE
Total Expenditure 54,394,794,955
(percent of GDP) 26.7
Compensation of Employees 16,005,515,552
Wages & Salaries 14,047,426,509
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Budget

(percent of GDP) 6.9


Social Contributions 1,958,089,043

Use of Goods and Services 3,518,496,364

Interest Payments 13,940,521,981


Domestic 11,228,172,788
External 2,712,349,193

Subsidies 50,000,000
Grants to Other Government Units 9,930,834,660
Social Benefits 241,183,170
Other Expenditure 2,229,919,620
Tax Refunds 1,350,611,838

Capital Expenditure 7,127,711,771


Domestic Financed 2,779,694,661
Foreign Financed 4,348,017,110

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -9,433,159,301


(percent of GDP) -4.6
Arrears clearance (net change) -3,742,557,361
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -3,742,557,361
o/w other outstanding payments/deferred payme -1,948,332,103
o/w other outstanding claims -858,457,472
o/w Utilities -743,299,889
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -171,516,566
o/w GETF -20,951,330
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Budget

Overall Balance (Cash) -13,175,716,662


(percent of GDP) -6.5
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -13,175,716,661


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Budget

Financing 13,175,716,661
Foreign (net) -1,317,410,937
Borrowing 4,662,029,777
Project Loans 2,832,829,777
Programme Loans 1,829,200,000
Sovereign Bond 0
Amortisation (due) -5,979,440,714

Domestic (net) 12,090,605,563


Banking 2,467,555,682
Bank of Ghana 0
Comm. Banks 2,467,555,682
Non-banks 9,623,049,881
Other Domestic 0
Other Financing 1,829,200,000
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 1,829,200,000
Ghana Petroleum Funds -162,107,033
Transfer to Ghana Petroleum Funds -162,107,033
o/w Stabilisation Fund -59,723,644
o/w Heritage Fund -102,383,389
Transfer from Stabilisation Fund 0
Sinking Fund 795,152,712
Contingency Fund -59,723,644

Memorandum items
Domestic Revenue 43,430,116,179
(percent of GDP) 21.4
Domestic expenditure 36,106,255,863
(percent of GDP) 17.8
Domestic Primary Balance 7,323,860,315
(percent of GDP) 3.6
Primary Balance 764,805,320
(percent of GDP) 0.4
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Budget

Non-oil Primary Balance -1,593,373,000


(percent of GDP) -0.8
Overall Balance (cash, discrepancy) -13,175,716,661
(percent of GDP) -6.5
Oil Revenue 2,358,178,320
(percent of GDP) 1.2
Non-Oil Revenue and Grants 42,603,457,335
(percent of GDP) 20.9
Benchmark Oil Revenue 1,137,593,216
(percent of GDP) 0.6
Annual Budget Funding Amount (ABFA) 796,315,251
(percent of GDP) 0.4
Nominal GDP 203,410,468,023
Non-Oil Nominal GDP 198,869,015,323
UMMARY TABLE
OF CENTRAL
1: SUMMARY
GOVERNMENT
OF CENTRAL
OPERATIONS
GOVERNMENT
- 2017OPERATIONS - 2017
2017
Revised Budget

I. REVENUES
Total Revenue & Grants 43,096,659,063
(per cent of GDP) 21.3
Domestic Revenue 41,565,139,586
Tax Revenue 33,017,076,382
Taxes on Income and Property 12,951,100,433
Company Taxes 5,849,327,362
Company Taxes on Oil 115,656,046
Other Direct Taxes 6,986,117,025

Taxes on Domestic Goods and Services 13,363,080,617


Excises 3,263,890,617
VAT 8,333,150,000
National Health Insurance Levy (NHIL) 1,438,120,000
Communication Service Tax 327,920,000

International Trade Taxes 6,702,895,332


Import Duties 6,371,800,000
Export Duties 331,095,332

Social Contributions 296,333,342


SSNIT Contribution to NHIL 296,333,342

Non-tax revenue 6,170,036,180

Other Revenue 2,081,693,682

Grants 1,531,519,476
Project Grants 1,515,187,333
Programme Grants 16,332,143

II. EXPENDITURE
Total Expenditure 52,173,053,924
(percent of GDP) 25.8
Compensation of Employees 16,005,515,552
Wages & Salaries 14,047,426,509
UMMARY TABLE
OF CENTRAL
1: SUMMARY
GOVERNMENT
OF CENTRAL
OPERATIONS
GOVERNMENT
- 2017OPERATIONS - 2017
2017
Revised Budget

(percent of GDP) 7.0


Social Contributions 1,958,089,043

Use of Goods and Services 2,651,496,364

Interest Payments 13,283,516,710


Domestic 10,571,167,517
External 2,712,349,193

Subsidies 50,000,000
Grants to Other Government Units 9,377,630,939
Social Benefits 241,183,170
Other Expenditure 2,181,919,620
Tax Refunds 1,937,079,799

Capital Expenditure 6,444,711,771


Domestic Financed 2,096,694,661
Foreign Financed 4,348,017,110

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -9,076,394,862


(percent of GDP) -4.5
Arrears clearance (net change) -3,742,557,361
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -3,742,557,361
o/w other outstanding payments/deferred payme -1,948,332,103
o/w other outstanding claims -858,457,472
o/w Utilities -743,299,889
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -171,516,566
o/w GETF -20,951,330
UMMARY TABLE
OF CENTRAL
1: SUMMARY
GOVERNMENT
OF CENTRAL
OPERATIONS
GOVERNMENT
- 2017OPERATIONS - 2017
2017
Revised Budget

Overall Balance (Cash) -12,818,952,223


(percent of GDP) -6.34570
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -12,818,952,223


UMMARY TABLE
OF CENTRAL
1: SUMMARY
GOVERNMENT
OF CENTRAL
OPERATIONS
GOVERNMENT
- 2017OPERATIONS - 2017
2017
Revised Budget

Financing 12,818,952,223
Foreign (net) -1,317,410,937
Borrowing 4,662,029,777
Project Loans 2,832,829,777
Programme Loans 1,829,200,000
Sovereign Bond 0
Amortisation (due) -5,979,440,714

Domestic (net) 11,329,644,911


Banking 2,467,555,682
Bank of Ghana 0
Comm. Banks 2,467,555,682
Non-banks 8,862,089,229
Other Domestic 0
Other Financing 2,329,200,000
Other Programme Financing 0
Other Domestic Financing 500,000,000
Divestiture Receipts 1,829,200,000
Ghana Petroleum Funds -207,613,832
Transfer to Ghana Petroleum Funds -207,613,832
o/w Stabilisation Fund -76,489,307
o/w Heritage Fund -131,124,526
Transfer from Stabilisation Fund 0
Sinking Fund 761,621,387
Contingency Fund -76,489,307

Memorandum items
Domestic Revenue 41,565,139,586
(percent of GDP) 20.6
Domestic expenditure 34,541,520,104
(percent of GDP) 17.1
Domestic Primary Balance 7,023,619,483
(percent of GDP) 3.5
Primary Balance 464,564,487
(percent of GDP) 0.2
UMMARY TABLE
OF CENTRAL
1: SUMMARY
GOVERNMENT
OF CENTRAL
OPERATIONS
GOVERNMENT
- 2017OPERATIONS - 2017
2017
Revised Budget

Non-oil Primary Balance -2,009,269,878


(percent of GDP) -1.0
Overall Balance (cash, discrepancy) -12,818,952,223
(percent of GDP) -6.3
Oil Revenue 2,473,834,366
(percent of GDP) 1.2
Non-Oil Revenue and Grants 40,622,824,697
(percent of GDP) 20.1
Benchmark Oil Revenue 1,456,939,173
(percent of GDP) 0.7
Annual Budget Funding Amount (ABFA) 1,019,857,421
(percent of GDP) 0.5
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Revised Proj

I. REVENUES
Total Revenue & Grants 41,254,261,237
(per cent of GDP) 20.2
Domestic Revenue 39,739,073,904
Tax Revenue 31,788,253,317
Taxes on Income and Property 13,118,595,511
Company Taxes 5,472,829,631
Company Taxes on Oil 212,142,593
Other Direct Taxes 7,433,623,288

Taxes on Domestic Goods and Services 13,611,207,806


Excises 3,267,650,740
VAT 8,573,491,353
National Health Insurance Levy (NHIL) 1,426,657,559
Communication Service Tax 343,408,154

International Trade Taxes 5,058,450,000


Import Duties 5,058,450,000
Export Duties 0

Social Contributions 352,025,000


SSNIT Contribution to NHIL 352,025,000

Non-tax revenue 5,613,536,917

Other Revenue 1,985,258,669

Grants 1,515,187,333
Project Grants 1,515,187,333
Programme Grants 0

II. EXPENDITURE
Total Expenditure 51,416,499,435
(percent of GDP) 25.2
Compensation of Employees 17,031,585,880
Wages & Salaries 14,646,580,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Revised Proj

(percent of GDP) 7.2


Social Contributions 2,385,005,880

Use of Goods and Services 2,251,496,364

Interest Payments 13,283,516,710


Domestic 10,571,167,517
External 2,712,349,193

Subsidies 50,000,000
Grants to Other Government Units 10,451,741,264
Social Benefits 241,183,170
Other Expenditure 2,085,484,607
Tax Refunds 1,424,130,270

Capital Expenditure 4,597,361,170


Domestic Financed 1,048,347,330
Foreign Financed 3,549,013,840

Other Outstanding Expenditure Claims

Overall Balance (Commitment) -10,162,238,198


(percent of GDP) -5.0
Arrears clearance (net change) -2,724,971,110
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -2,724,971,110
o/w other outstanding payments/deferred payme -1,948,332,103
o/w other outstanding claims -858,457,472
o/w Utilities -743,299,889
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -171,516,566
o/w GETF -3,365,079
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Revised Proj

Overall Balance (Cash) -12,887,209,309


(percent of GDP) -6.3
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -12,887,209,309


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Revised Proj

Financing 12,887,209,309
Foreign (net) -3,598,261,643
Borrowing 2,234,622,722
Project Loans 2,033,826,507
Programme Loans 200,796,216
Sovereign Bond 0
Amortisation (due) -5,832,884,365

Domestic (net) 16,078,965,797


Banking 1,325,287,464
Bank of Ghana 0
Comm. Banks 1,325,287,464
Non-banks 14,753,678,334
Other Domestic 0
Other Financing 594,490,000
Other Programme Financing 0
Other Domestic Financing
Divestiture Receipts 594,490,000
Ghana Petroleum Funds -187,984,846
Transfer to Ghana Petroleum Funds -187,984,846
o/w Stabilisation Fund -69,257,575
o/w Heritage Fund -118,727,271
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 39,739,073,904
(percent of GDP) 19.5
Domestic expenditure 33,159,838,615
(percent of GDP) 16.2
Domestic Primary Balance 6,579,235,288
(percent of GDP) 3.2
Primary Balance 396,307,401
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Revised Proj

Non-oil Primary Balance -2,174,013,511


(percent of GDP) -1.1
Overall Balance (cash, discrepancy) -12,887,209,309
(percent of GDP) -6.3
Oil Revenue 2,570,320,912
(percent of GDP) 1.3
Non-Oil Revenue and Grants 38,683,940,325
(percent of GDP) 19.0
Benchmark Oil Revenue 1,319,191,902
(percent of GDP) 0.6
Annual Budget Funding Amount (ABFA) 923,434,332
(percent of GDP) 0.5
Nominal GDP 204,078,014,558
Non-Oil Nominal GDP 195,121,372,056
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jan.
I. REVENUES
Total Revenue & Grants 3,280,896,267
(per cent of GDP) 1.6
Domestic Revenue 3,192,152,997
Tax Revenue 2,515,080,987
Taxes on Income and Property 998,986,471
Company Taxes 322,010,000
Company Taxes on Oil 115,656,046
Other Direct Taxes 561,320,425

Taxes on Domestic Goods and Services 1,043,488,510


Excises 250,989,451
VAT 651,252,833
National Health Insurance Levy (NHIL) 112,036,226
Communication Service Tax 29,210,000

International Trade Taxes 472,606,007


Import Duties 472,606,007
Export Duties 0

Social Contributions 23,249,236


SSNIT Contribution to NHIL 23,249,236

Non-tax revenue 492,824,655

Other Revenue 160,998,118

Grants 88,743,270
Project Grants 88,743,270
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,056,730,168
(percent of GDP) 2.0
Compensation of Employees 1,240,016,170
Wages & Salaries 1,102,110,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jan.
(percent of GDP) 0.5
Social Contributions 137,906,170

Use of Goods and Services 93,948,527

Interest Payments 1,340,826,712


Domestic 1,012,104,140
External 328,722,572

Subsidies 0
Grants to Other Government Units 770,448,963
Social Benefits 26,280,886
Other Expenditure 173,350,280
Tax Refunds 93,424,301

Capital Expenditure 318,434,330


Domestic Financed 38,912,400
Foreign Financed 279,521,930

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -775,833,901


(percent of GDP) -0.4
Arrears clearance (net change) -82,951,330
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -82,951,330
o/w other outstanding payments/deferred payme -62,000,000
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF 0
o/w GETF -20,951,330
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jan.
Overall Balance (Cash) -858,785,231
(percent of GDP) -0.4
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -858,785,231


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jan.

Financing 858,785,231
Foreign (net) -131,594,535
Borrowing 190,778,660
Project Loans 190,778,660
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -322,373,194

Domestic (net) 1,057,620,863


Banking 182,202,665
Bank of Ghana 0
Comm. Banks 182,202,665
Non-banks 875,418,198
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -31,939,521
Transfer to Ghana Petroleum Funds -31,939,521
o/w Stabilisation Fund -11,767,192
o/w Heritage Fund -20,172,329
Transfer from Stabilisation Fund 0
Sinking Fund -23,534,384
Contingency Fund -11,767,192

Memorandum items
Domestic Revenue 3,192,152,997
(percent of GDP) 1.6
Domestic expenditure 2,436,381,527
(percent of GDP) 1.2
Domestic Primary Balance 755,771,470
(percent of GDP) 0.4
Primary Balance 482,041,480
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jan.
Non-oil Primary Balance 129,277,064
(percent of GDP) 0.1
Overall Balance (cash, discrepancy) -858,785,231
(percent of GDP) -0.4
Oil Revenue 352,764,416
(percent of GDP) 0.2
Non-Oil Revenue and Grants 2,928,131,851
(percent of GDP) 1.4
Benchmark Oil Revenue 224,136,991
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 156,895,894
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jan.
I. REVENUES
Total Revenue & Grants 3,200,605,427
(per cent of GDP) 1.6
Domestic Revenue 3,036,920,754
Tax Revenue 2,316,901,065
Taxes on Income and Property 1,269,015,670
Company Taxes 411,616,863
Company Taxes on Oil 115,656,046
Other Direct Taxes 741,742,760

Taxes on Domestic Goods and Services 768,553,964


Excises 149,402,716
VAT 491,374,829
National Health Insurance Levy (NHIL) 87,476,998
Communication Service Tax 40,299,422

International Trade Taxes 279,331,431


Import Duties 279,331,431
Export Duties 0

Social Contributions 0
SSNIT Contribution to NHIL 0

Non-tax revenue 596,650,362

Other Revenue 123,369,327

Grants 163,684,673
Project Grants 163,684,673
Programme Grants 0

II. EXPENDITURE
Total Expenditure 3,611,063,450
(percent of GDP) 1.8
Compensation of Employees 1,174,191,373
Wages & Salaries 1,106,127,551
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jan.
(percent of GDP) 0.5
Social Contributions 68,063,822

Use of Goods and Services 61,564,893

Interest Payments 1,213,447,869


Domestic 897,091,993
External 316,355,876

Subsidies 0
Grants to Other Government Units 738,113,734
Social Benefits 0
Other Expenditure 60,796,564
Tax Refunds 81,280,123

Capital Expenditure 281,668,893


Domestic Financed 0
Foreign Financed 281,668,893

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -410,458,023


(percent of GDP) -0.2
Arrears clearance (net change) -62,572,763
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -62,572,763.45
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -62,572,763
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jan.
Overall Balance (Cash) -473,030,787
(percent of GDP) -0.2
Discrepancy -1,885,103,801

Overall balance (incl. Divestiture and Discrepanc -2,358,134,588


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jan.

Financing 2,358,134,588
Foreign (net) -265,468,296
Borrowing 117,984,221
Project Loans 117,984,221
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -383,452,517

Domestic (net) 2,698,981,093


Banking -4,122,227,525
Bank of Ghana 192,179,588
Comm. Banks -4,314,407,113
Non-banks 6,821,208,618
Other Domestic 0
Other Financing -31,966,155
Other Programme Financing 0
Other Domestic Financing -31,966,155
Divestiture Receipts 0
Ghana Petroleum Funds -43,412,054
Transfer to Ghana Petroleum Funds -43,412,054
o/w Stabilisation Fund -15,993,915
o/w Heritage Fund -27,418,139
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,036,920,754
(percent of GDP) 1.5
Domestic expenditure 4,001,050,488
(percent of GDP) 2.0
Domestic Primary Balance -964,129,734
(percent of GDP) -0.5
Primary Balance -1,144,686,719
(percent of GDP) -0.6
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jan.
Non-oil Primary Balance -1,699,433,601
(percent of GDP) -0.9
Overall Balance (cash, discrepancy) -2,358,134,588
(percent of GDP) -1.2
Oil Revenue 554,746,883
(percent of GDP) 0.3
Non-Oil Revenue and Grants 2,645,858,544
(percent of GDP) 1.3
Benchmark Oil Revenue 304,645,994
(percent of GDP) 0.2
Annual Budget Funding Amount (ABFA) 213,252,196
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Feb
I. REVENUES
Total Revenue & Grants 2,719,465,166
(per cent of GDP) 1.3
Domestic Revenue 2,603,522,609
Tax Revenue 2,095,491,177
Taxes on Income and Property 708,030,000
Company Taxes 262,390,000
Company Taxes on Oil 0
Other Direct Taxes 445,640,000

Taxes on Domestic Goods and Services 956,578,126


Excises 258,118,872
VAT 570,702,306
National Health Insurance Levy (NHIL) 98,456,948
Communication Service Tax 29,300,000

International Trade Taxes 430,883,051


Import Duties 430,883,051
Export Duties 0

Social Contributions 25,070,174


SSNIT Contribution to NHIL 25,070,174

Non-tax revenue 329,087,664

Other Revenue 153,873,594

Grants 115,942,558
Project Grants 115,942,558
Programme Grants 0

II. EXPENDITURE
Total Expenditure 3,732,421,835
(percent of GDP) 1.8
Compensation of Employees 1,332,026,170
Wages & Salaries 1,188,430,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Feb
(percent of GDP) 0.6
Social Contributions 143,596,170

Use of Goods and Services 172,206,954

Interest Payments 961,504,252


Domestic 736,239,488
External 225,264,765

Subsidies 0
Grants to Other Government Units 610,275,928
Social Benefits 30,406,123
Other Expenditure 166,225,755
Tax Refunds 83,819,647

Capital Expenditure 375,957,004


Domestic Financed 77,786,650
Foreign Financed 298,170,354

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -1,012,956,668


(percent of GDP) -0.5
Arrears clearance (net change) -204,649,916
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -204,649,916
o/w other outstanding payments/deferred payme -154,649,916
o/w other outstanding claims 0
o/w Utilities -50,000,000
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Feb
Overall Balance (Cash) -1,217,606,584
(percent of GDP) -0.6
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -1,217,606,584


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Feb

Financing 1,217,606,584
Foreign (net) 46,438,351
Borrowing 182,227,796
Project Loans 182,227,796
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -135,789,445

Domestic (net) 1,171,168,233


Banking 182,202,665
Bank of Ghana 0
Comm. Banks 182,202,665
Non-banks 988,965,568
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 2,603,522,609
(percent of GDP) 1.3
Domestic expenditure 2,472,747,229
(percent of GDP) 1.2
Domestic Primary Balance 130,775,380
(percent of GDP) 0.1
Primary Balance -256,102,332
(percent of GDP) -0.1
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Feb
Non-oil Primary Balance -256,102,332
(percent of GDP) -0.1
Overall Balance (cash, discrepancy) -1,217,606,584
(percent of GDP) -0.6
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 2,719,465,166
(percent of GDP) 1.3
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Feb
I. REVENUES
Total Revenue & Grants 2,609,925,293
(per cent of GDP) 1.3
Domestic Revenue 2,567,883,346
Tax Revenue 2,143,987,705
Taxes on Income and Property 696,241,561
Company Taxes 239,937,719
Company Taxes on Oil 0
Other Direct Taxes 456,303,842

Taxes on Domestic Goods and Services 1,061,319,969


Excises 224,139,878
VAT 711,941,738
National Health Insurance Levy (NHIL) 107,390,522
Communication Service Tax 17,847,832

International Trade Taxes 386,426,175


Import Duties 386,426,175
Export Duties 0

Social Contributions 0
SSNIT Contribution to NHIL 0

Non-tax revenue 277,932,944

Other Revenue 145,962,697

Grants 42,041,947
Project Grants 42,041,947
Programme Grants 0

II. EXPENDITURE
Total Expenditure 2,881,675,875
(percent of GDP) 1.4
Compensation of Employees 1,049,982,202
Wages & Salaries 929,319,809
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Feb
(percent of GDP) 0.5
Social Contributions 120,662,393

Use of Goods and Services 18,948,912

Interest Payments 888,959,260


Domestic 683,420,954
External 205,538,306

Subsidies 0
Grants to Other Government Units 508,920,504
Social Benefits 0
Other Expenditure 131,896,976
Tax Refunds 143,546,165

Capital Expenditure 139,421,856


Domestic Financed 305,463
Foreign Financed 139,116,392

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -271,750,582


(percent of GDP) -0.1
Arrears clearance (net change) -14,065,722
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -14,065,721.83
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -14,065,722
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Feb
Overall Balance (Cash) -285,816,304
(percent of GDP) -0.1
Discrepancy -117,508,943

Overall balance (incl. Divestiture and Discrepanc -403,325,247


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Feb

Financing 403,325,247
Foreign (net) 39,605,174
Borrowing 97,074,446
Project Loans 97,074,446
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -57,469,272

Domestic (net) 375,937,308


Banking 1,153,424,185
Bank of Ghana 120,701,556
Comm. Banks 1,032,722,628
Non-banks -777,486,877
Other Domestic 0
Other Financing -12,217,234
Other Programme Financing
Other Domestic Financing -12,217,234
Divestiture Receipts
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 2,567,883,346
(percent of GDP) 1.3
Domestic expenditure 1,971,109,165
(percent of GDP) 1.0
Domestic Primary Balance 596,774,181
(percent of GDP) 0.3
Primary Balance 485,634,013
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Feb
Non-oil Primary Balance 485,634,013
(percent of GDP) 0.2
Overall Balance (cash, discrepancy) -403,325,247
(percent of GDP) -0.2
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 2,609,925,293
(percent of GDP) 1.3
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Mar
I. REVENUES
Total Revenue & Grants 3,876,714,109
(per cent of GDP) 1.9
Domestic Revenue 3,584,065,958
Tax Revenue 2,920,204,430
Taxes on Income and Property 1,361,857,425
Company Taxes 810,850,000
Company Taxes on Oil 0
Other Direct Taxes 551,007,425

Taxes on Domestic Goods and Services 1,033,276,806


Excises 234,663,827
VAT 664,569,040
National Health Insurance Levy (NHIL) 107,543,939
Communication Service Tax 26,500,000

International Trade Taxes 525,070,200


Import Duties 525,070,200
Export Duties 0

Social Contributions 24,801,414


SSNIT Contribution to NHIL 24,801,414

Non-tax revenue 471,561,112

Other Revenue 167,499,002

Grants 292,648,151
Project Grants 292,648,151
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,650,040,653
(percent of GDP) 2.3
Compensation of Employees 1,343,348,323
Wages & Salaries 1,175,689,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Mar
(percent of GDP) 0.6
Social Contributions 167,658,670

Use of Goods and Services 252,009,184

Interest Payments 1,090,070,231


Domestic 843,944,783
External 246,125,447

Subsidies 0
Grants to Other Government Units 892,643,835
Social Benefits 27,161,683
Other Expenditure 179,851,163
Tax Refunds 114,255,480

Capital Expenditure 750,700,754


Domestic Financed 144,452,268
Foreign Financed 606,248,486

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -773,326,544


(percent of GDP) -0.4
Arrears clearance (net change) -163,524,628
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -163,524,628
o/w other outstanding payments/deferred payme -59,299,832
o/w other outstanding claims 0
o/w Utilities -60,150,289
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -44,074,507
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Mar
Overall Balance (Cash) -936,851,172
(percent of GDP) -0.5
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -936,851,172


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Mar

Financing 936,851,172
Foreign (net) -107,164,484
Borrowing 313,600,335
Project Loans 313,600,335
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -420,764,819

Domestic (net) 1,062,048,308


Banking 182,202,665
Bank of Ghana 0
Comm. Banks 182,202,665
Non-banks 879,845,643
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -8,565,510
Transfer to Ghana Petroleum Funds -8,565,510
o/w Stabilisation Fund -3,155,714
o/w Heritage Fund -5,409,796
Transfer from Stabilisation Fund 0
Sinking Fund -6,311,428
Contingency Fund -3,155,714

Memorandum items
Domestic Revenue 3,584,065,958
(percent of GDP) 1.8
Domestic expenditure 2,953,721,936
(percent of GDP) 1.5
Domestic Primary Balance 630,344,022
(percent of GDP) 0.3
Primary Balance 153,219,058
(percent of GDP) 0.1
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Mar
Non-oil Primary Balance -83,889,312
(percent of GDP) 0.0
Overall Balance (cash, discrepancy) -936,851,172
(percent of GDP) -0.5
Oil Revenue 237,108,371
(percent of GDP) 0.1
Non-Oil Revenue and Grants 3,639,605,738
(percent of GDP) 1.8
Benchmark Oil Revenue 60,108,841
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 42,076,189
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Mar
I. REVENUES
Total Revenue & Grants 3,101,036,839
(per cent of GDP) 1.5
Domestic Revenue 2,819,252,278
Tax Revenue 2,388,719,382
Taxes on Income and Property 896,884,881
Company Taxes 486,548,228
Company Taxes on Oil 0
Other Direct Taxes 410,336,653

Taxes on Domestic Goods and Services 1,152,153,066


Excises 276,480,127
VAT 732,174,051
National Health Insurance Levy (NHIL) 111,338,337
Communication Service Tax 32,160,552

International Trade Taxes 339,681,434


Import Duties 339,681,434
Export Duties 0

Social Contributions 0
SSNIT Contribution to NHIL 0

Non-tax revenue 275,344,177

Other Revenue 155,188,719

Grants 281,784,561
Project Grants 281,784,561
Programme Grants 0

II. EXPENDITURE
Total Expenditure 3,761,319,022
(percent of GDP) 1.9
Compensation of Employees 1,275,031,431
Wages & Salaries 1,154,215,931
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Mar
(percent of GDP) 0.6
Social Contributions 120,815,500

Use of Goods and Services 14,025,777

Interest Payments 945,931,706


Domestic 723,640,150
External 222,291,556

Subsidies 0
Grants to Other Government Units 653,381,215
Social Benefits 0
Other Expenditure 139,615,956
Tax Refunds 89,174,454

Capital Expenditure 644,158,483


Domestic Financed 11,592
Foreign Financed 644,146,890

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -660,282,183


(percent of GDP) -0.3
Arrears clearance (net change) -15,572,763
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -15,572,763.45
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -15,572,763
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Mar
Overall Balance (Cash) -675,854,946
(percent of GDP) -0.3
Discrepancy 789,690,145

Overall balance (incl. Divestiture and Discrepanc 113,835,198


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Mar

Financing -113,835,198
Foreign (net) 76,345,056
Borrowing 362,362,330
Project Loans 362,362,330
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -286,017,274

Domestic (net) -146,493,489


Banking -360,778,614
Bank of Ghana -235,926,889
Comm. Banks -124,851,725
Non-banks 214,285,126
Other Domestic 0
Other Financing -43,686,766
Other Programme Financing
Other Domestic Financing -43,686,766
Divestiture Receipts
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 2,819,252,278
(percent of GDP) 1.4
Domestic expenditure 1,381,550,280
(percent of GDP) 0.7
Domestic Primary Balance 1,437,701,998
(percent of GDP) 0.7
Primary Balance 1,059,766,905
(percent of GDP) 0.5
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Mar
Non-oil Primary Balance 1,059,766,905
(percent of GDP) 0.5
Overall Balance (cash, discrepancy) 113,835,198
(percent of GDP) 0.1
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 3,101,036,839
(percent of GDP) 1.5
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q1
I. REVENUES
Total Revenue & Grants 9,877,075,542
(per cent of GDP) 4.9
Domestic Revenue 9,379,741,564
Tax Revenue 7,530,776,594
Taxes on Income and Property 3,068,873,896
Company Taxes 1,395,250,000
Company Taxes on Oil 115,656,046
Other Direct Taxes 1,557,967,850

Taxes on Domestic Goods and Services 3,033,343,442


Excises 743,772,150
VAT 1,886,524,178
National Health Insurance Levy (NHIL) 318,037,113
Communication Service Tax 85,010,000

International Trade Taxes 1,428,559,257


Import Duties 1,428,559,257
Export Duties 0

Social Contributions 73,120,825


SSNIT Contribution to NHIL 73,120,825

Non-tax revenue 1,293,473,431

Other Revenue 482,370,713

Grants 497,333,979
Project Grants 497,333,979
Programme Grants 0

II. EXPENDITURE
Total Expenditure 12,439,192,656
(percent of GDP) 6.2
Compensation of Employees 3,915,390,663
Wages & Salaries 3,466,229,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q1
(percent of GDP) 1.7
Social Contributions 449,161,011

Use of Goods and Services 518,164,665

Interest Payments 3,392,401,195


Domestic 2,592,288,411
External 800,112,783

Subsidies 0
Grants to Other Government Units 2,273,368,727
Social Benefits 83,848,692
Other Expenditure 519,427,198
Tax Refunds 291,499,428

Capital Expenditure 1,445,092,088


Domestic Financed 261,151,318
Foreign Financed 1,183,940,770

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -2,562,117,114


(percent of GDP) -1.3
Arrears clearance (net change) -451,125,874
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -451,125,874
o/w other outstanding payments/deferred payme -275,949,747
o/w other outstanding claims 0
o/w Utilities -110,150,289
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -44,074,507
o/w GETF -20,951,330
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q1
Overall Balance (Cash) -3,013,242,988
(percent of GDP) -1.5
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -3,013,242,988


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q1

Financing 3,013,242,988
Foreign (net) -192,320,667
Borrowing 686,606,791
Project Loans 686,606,791
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -878,927,458

Domestic (net) 3,290,837,405


Banking 546,607,995
Bank of Ghana 0
Comm. Banks 546,607,995
Non-banks 2,744,229,410
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -40,505,031
Transfer to Ghana Petroleum Funds -40,505,031
o/w Stabilisation Fund -14,922,906
o/w Heritage Fund -25,582,125
Transfer from Stabilisation Fund 0
Sinking Fund -29,845,812
Contingency Fund -14,922,906

Memorandum items
Domestic Revenue 9,379,741,564
(percent of GDP) 4.6
Domestic expenditure 7,862,850,691
(percent of GDP) 3.9
Domestic Primary Balance 1,516,890,872
(percent of GDP) 0.8
Primary Balance 379,158,207
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q1
Non-oil Primary Balance -210,714,580
(percent of GDP) -0.1
Overall Balance (cash, discrepancy) -3,013,242,988
(percent of GDP) -1.5
Oil Revenue 589,872,787
(percent of GDP) 0.3
Non-Oil Revenue and Grants 9,287,202,755
(percent of GDP) 4.6
Benchmark Oil Revenue 284,245,832
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 198,972,082
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q1
I. REVENUES
Total Revenue & Grants 8,911,567,558
(per cent of GDP) 4.4
Domestic Revenue 8,424,056,378
Tax Revenue 6,849,608,152
Taxes on Income and Property 2,862,142,112
Company Taxes 1,138,102,810
Company Taxes on Oil 115,656,046
Other Direct Taxes 1,608,383,256

Taxes on Domestic Goods and Services 2,982,027,000


Excises 650,022,720
VAT 1,935,490,617
National Health Insurance Levy (NHIL) 306,205,857
Communication Service Tax 90,307,805

International Trade Taxes 1,005,439,040


Import Duties 1,005,439,040
Export Duties 0

Social Contributions 0
SSNIT Contribution to NHIL 0

Non-tax revenue 1,149,927,483

Other Revenue 424,520,744

Grants 487,511,180
Project Grants 487,511,180
Programme Grants 0

II. EXPENDITURE
Total Expenditure 10,254,058,346
(percent of GDP) 5.1
Compensation of Employees 3,499,205,006
Wages & Salaries 3,189,663,291
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q1
(percent of GDP) 1.6
Social Contributions 309,541,715

Use of Goods and Services 94,539,582

Interest Payments 3,048,338,835


Domestic 2,304,153,097
External 744,185,739

Subsidies 0
Grants to Other Government Units 1,900,415,454
Social Benefits 0
Other Expenditure 332,309,495
Tax Refunds 314,000,742

Capital Expenditure 1,065,249,232


Domestic Financed 317,056
Foreign Financed 1,064,932,176

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -1,342,490,788


(percent of GDP) -0.7
Arrears clearance (net change) -92,211,249
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -92,211,249
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -92,211,249
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q1
Overall Balance (Cash) -1,434,702,037
(percent of GDP) -0.7
Discrepancy -1,212,922,599

Overall balance (incl. Divestiture and Discrepanc -2,647,624,636


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q1

Financing 2,647,624,636
Foreign (net) -149,518,067
Borrowing 577,420,996
Project Loans 577,420,996
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -726,939,063

Domestic (net) 2,928,424,912


Banking -3,329,581,954
Bank of Ghana 76,954,255
Comm. Banks -3,406,536,209
Non-banks 6,258,006,866
Other Domestic 0
Other Financing -87,870,155
Other Programme Financing 0
Other Domestic Financing -87,870,155
Divestiture Receipts 0
Ghana Petroleum Funds -43,412,054
Transfer to Ghana Petroleum Funds -43,412,054
o/w Stabilisation Fund -15,993,915
o/w Heritage Fund -27,418,139
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 8,424,056,378
(percent of GDP) 4.2
Domestic expenditure 7,353,709,934
(percent of GDP) 3.6
Domestic Primary Balance 1,070,346,444
(percent of GDP) 0.5
Primary Balance 400,714,200
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q1
Non-oil Primary Balance -154,032,683
(percent of GDP) -0.1
Overall Balance (cash, discrepancy) -2,647,624,636
(percent of GDP) -1.3
Oil Revenue 554,746,883
(percent of GDP) 0.3
Non-Oil Revenue and Grants 8,356,820,675
(percent of GDP) 4.1
Benchmark Oil Revenue 304,645,994
(percent of GDP) 0.2
Annual Budget Funding Amount (ABFA) 213,252,196
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
April
I. REVENUES
Total Revenue & Grants 3,503,868,614
(per cent of GDP) 1.7
Domestic Revenue 3,362,663,119
Tax Revenue 2,614,903,212
Taxes on Income and Property 980,282,337
Company Taxes 315,230,000
Company Taxes on Oil 0
Other Direct Taxes 665,052,337

Taxes on Domestic Goods and Services 1,117,733,345


Excises 266,652,179
VAT 707,669,465
National Health Insurance Levy (NHIL) 115,611,701
Communication Service Tax 27,800,000

International Trade Taxes 516,887,530


Import Duties 516,887,530
Export Duties 0

Social Contributions 24,801,414


SSNIT Contribution to NHIL 24,801,414

Non-tax revenue 547,213,602

Other Revenue 175,744,891

Grants 141,205,495
Project Grants 141,205,495
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,495,516,056
(percent of GDP) 2.2
Compensation of Employees 1,343,348,323
Wages & Salaries 1,175,689,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
April
(percent of GDP) 0.6
Social Contributions 167,658,670

Use of Goods and Services 273,919,452

Interest Payments 1,214,917,617


Domestic 895,554,980
External 319,362,637

Subsidies 25,000,000
Grants to Other Government Units 824,318,531
Social Benefits 15,599,856
Other Expenditure 188,097,052
Tax Refunds 100,762,072

Capital Expenditure 509,553,153


Domestic Financed 159,514,062
Foreign Financed 350,039,091

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -991,647,442


(percent of GDP) -0.5
Arrears clearance (net change) -282,786,029
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -282,786,029
o/w other outstanding payments/deferred payme -197,857,869
o/w other outstanding claims 0
o/w Utilities -40,853,653
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -44,074,507
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
April
Overall Balance (Cash) -1,274,433,472
(percent of GDP) -0.6
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -1,274,433,472


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
April

Financing 1,274,433,472
Foreign (net) 64,338,242
Borrowing 208,833,596
Project Loans 208,833,596
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -144,495,355

Domestic (net) 1,267,852,312


Banking 182,202,665
Bank of Ghana 0
Comm. Banks 182,202,665
Non-banks 1,085,649,647
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -27,434,614
Transfer to Ghana Petroleum Funds -27,434,614
o/w Stabilisation Fund -10,107,489
o/w Heritage Fund -17,327,125
Transfer from Stabilisation Fund 0
Sinking Fund -20,214,979
Contingency Fund -10,107,489

Memorandum items
Domestic Revenue 3,362,663,119
(percent of GDP) 1.7
Domestic expenditure 2,930,559,349
(percent of GDP) 1.5
Domestic Primary Balance 432,103,771
(percent of GDP) 0.2
Primary Balance -59,515,855
(percent of GDP) 0.0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
April
Non-oil Primary Balance -402,330,623
(percent of GDP) -0.2
Overall Balance (cash, discrepancy) -1,274,433,472
(percent of GDP) -0.6
Oil Revenue 342,814,768
(percent of GDP) 0.2
Non-Oil Revenue and Grants 3,161,053,846
(percent of GDP) 1.6
Benchmark Oil Revenue 192,523,607
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 134,766,525
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Apr
I. REVENUES
Total Revenue & Grants 2,577,753,887
(per cent of GDP) 1.3
Domestic Revenue 2,562,792,574
Tax Revenue 2,105,310,896
Taxes on Income and Property 893,027,720
Company Taxes 322,710,669
Company Taxes on Oil 0
Other Direct Taxes 570,317,051

Taxes on Domestic Goods and Services 901,701,066


Excises 161,194,784
VAT 625,061,974
National Health Insurance Levy (NHIL) 95,031,698
Communication Service Tax 20,412,611

International Trade Taxes 310,582,110


Import Duties 310,582,110
Export Duties 0

Social Contributions 28,885,312


SSNIT Contribution to NHIL 28,885,312

Non-tax revenue 292,489,382

Other Revenue 136,106,983

Grants 14,961,313
Project Grants 14,961,313
Programme Grants 0

II. EXPENDITURE
Total Expenditure 3,349,795,498
(percent of GDP) 1.7
Compensation of Employees 1,396,343,089
Wages & Salaries 1,143,460,810
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Apr
(percent of GDP) 0.6
Social Contributions 252,882,279

Use of Goods and Services 51,618,360

Interest Payments 1,043,640,516


Domestic 690,504,403
External 353,136,113

Subsidies 0
Grants to Other Government Units 639,989,786
Social Benefits 0
Other Expenditure 121,036,567
Tax Refunds 14,443,804

Capital Expenditure 82,723,376


Domestic Financed 97,800
Foreign Financed 82,625,577

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -772,041,611


(percent of GDP) -0.4
Arrears clearance (net change) -99,253,955
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -99,253,955
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -15,070,416
o/w wage arrears 0
o/w DACF 0
o/w GETF -84,183,539
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Apr
Overall Balance (Cash) -871,295,566
(percent of GDP) -0.4
Discrepancy 276,952,255

Overall balance (incl. Divestiture and Discrepanc -594,343,311


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Apr

Financing 594,343,311
Foreign (net) -200,518,308
Borrowing 67,664,264
Project Loans 67,664,264
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -268,182,572

Domestic (net) 826,827,774


Banking -7,571,882,600
Bank of Ghana -7,738,666,896
Comm. Banks 166,784,296
Non-banks 8,398,710,374
Other Domestic 0
Other Financing -31,966,155
Other Programme Financing
Other Domestic Financing -31,966,155
Divestiture Receipts
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 2,562,792,574
(percent of GDP) 1.3
Domestic expenditure 1,946,577,151
(percent of GDP) 1.0
Domestic Primary Balance 616,215,423
(percent of GDP) 0.3
Primary Balance 449,297,204
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Apr
Non-oil Primary Balance 449,297,204
(percent of GDP) 0.2
Overall Balance (cash, discrepancy) -594,343,311
(percent of GDP) -0.3
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 2,577,753,887
(percent of GDP) 1.3
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
May
I. REVENUES
Total Revenue & Grants 3,463,915,720
(per cent of GDP) 1.7
Domestic Revenue 3,349,272,666
Tax Revenue 2,588,432,768
Taxes on Income and Property 869,032,164
Company Taxes 320,450,000
Company Taxes on Oil 0
Other Direct Taxes 548,582,164

Taxes on Domestic Goods and Services 1,161,955,458


Excises 291,028,479
VAT 726,789,766
National Health Insurance Levy (NHIL) 118,187,213
Communication Service Tax 25,950,000

International Trade Taxes 557,445,146


Import Duties 557,445,146
Export Duties 0

Social Contributions 24,801,414


SSNIT Contribution to NHIL 24,801,414

Non-tax revenue 553,041,385

Other Revenue 182,997,099

Grants 114,643,053
Project Grants 114,643,053
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,239,331,846
(percent of GDP) 2.1
Compensation of Employees 1,343,348,323
Wages & Salaries 1,175,689,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
May
(percent of GDP) 0.6
Social Contributions 167,658,670

Use of Goods and Services 327,222,563

Interest Payments 954,985,076


Domestic 875,575,940
External 79,409,136

Subsidies 0
Grants to Other Government Units 817,700,920
Social Benefits 15,156,147
Other Expenditure 195,349,260
Tax Refunds 99,703,254

Capital Expenditure 485,866,303


Domestic Financed 187,070,978
Foreign Financed 298,795,325

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -775,416,126


(percent of GDP) -0.4
Arrears clearance (net change) -568,674,423
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -568,674,423
o/w other outstanding payments/deferred payme -225,299,916
o/w other outstanding claims -250,000,000
o/w Utilities -49,300,000
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -44,074,507
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
May
Overall Balance (Cash) -1,344,090,550
(percent of GDP) -0.7
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -1,344,090,550


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
May

Financing 1,344,090,550
Foreign (net) -180,670,751
Borrowing 184,152,272
Project Loans 184,152,272
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -364,823,022

Domestic (net) 1,583,116,391


Banking 182,202,665
Bank of Ghana 0
Comm. Banks 182,202,665
Non-banks 1,400,913,726
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -27,718,668
Transfer to Ghana Petroleum Funds -27,718,668
o/w Stabilisation Fund -10,212,141
o/w Heritage Fund -17,506,527
Transfer from Stabilisation Fund 0
Sinking Fund -20,424,282
Contingency Fund -10,212,141

Memorandum items
Domestic Revenue 3,349,272,666
(percent of GDP) 1.7
Domestic expenditure 2,985,551,445
(percent of GDP) 1.5
Domestic Primary Balance 363,721,221
(percent of GDP) 0.2
Primary Balance -389,105,474
(percent of GDP) -0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
May
Non-oil Primary Balance -731,920,242
(percent of GDP) -0.4
Overall Balance (cash, discrepancy) -1,344,090,550
(percent of GDP) -0.7
Oil Revenue 342,814,768
(percent of GDP) 0.2
Non-Oil Revenue and Grants 3,121,100,952
(percent of GDP) 1.5
Benchmark Oil Revenue 194,516,969
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 136,161,878
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
May
I. REVENUES
Total Revenue & Grants 3,239,354,505
(per cent of GDP) 1.6
Domestic Revenue 3,198,881,592
Tax Revenue 2,586,737,992
Taxes on Income and Property 1,005,057,243
Company Taxes 304,103,080
Company Taxes on Oil 0
Other Direct Taxes 700,954,163

Taxes on Domestic Goods and Services 1,150,346,422


Excises 237,740,601
VAT 768,141,973
National Health Insurance Levy (NHIL) 118,821,371
Communication Service Tax 25,642,478

International Trade Taxes 431,334,326


Import Duties 431,334,326
Export Duties 0

Social Contributions 40,713,217


SSNIT Contribution to NHIL 40,713,217

Non-tax revenue 445,920,811

Other Revenue 125,509,573

Grants 40,472,912
Project Grants 40,472,912
Programme Grants 0

II. EXPENDITURE
Total Expenditure 5,258,059,118
(percent of GDP) 2.6
Compensation of Employees 1,711,156,685
Wages & Salaries 1,299,467,109
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
May
(percent of GDP) 0.6
Social Contributions 411,689,575

Use of Goods and Services 392,326,968

Interest Payments 1,184,585,401


Domestic 1,107,699,479
External 76,885,922

Subsidies 0
Grants to Other Government Units 800,610,160
Social Benefits 22,916,908
Other Expenditure 109,936,810
Tax Refunds 66,420,133

Capital Expenditure 970,106,053


Domestic Financed 54,722,309
Foreign Financed 915,383,745

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -2,018,704,613


(percent of GDP) -1.0
Arrears clearance (net change) -18,451,029
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -18,451,029
o/w other outstanding payments/deferred payme -2,878,266
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -15,572,763
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
May
Overall Balance (Cash) -2,037,155,643
(percent of GDP) -1.0
Discrepancy 421,484,954

Overall balance (incl. Divestiture and Discrepanc -1,615,670,688


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
May

Financing 1,615,670,688
Foreign (net) 705,793,318
Borrowing 1,075,707,048
Project Loans 874,910,832
Programme Loans 200,796,216
Sovereign Bond 0
Amortisation (due) -369,913,730

Domestic (net) 983,625,502


Banking 1,134,612,196
Bank of Ghana 580,896,169
Comm. Banks 553,716,027
Non-banks -150,986,694
Other Domestic 0
Other Financing -38,130,392
Other Programme Financing
Other Domestic Financing -38,130,392
Divestiture Receipts 0
Ghana Petroleum Funds -35,617,740
Transfer to Ghana Petroleum Funds -35,617,740
o/w Stabilisation Fund -24,932,418
o/w Heritage Fund -10,685,322
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,198,881,592
(percent of GDP) 1.6
Domestic expenditure 2,736,605,017
(percent of GDP) 1.4
Domestic Primary Balance 462,276,575
(percent of GDP) 0.2
Primary Balance -431,085,287
(percent of GDP) -0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
May
Non-oil Primary Balance -639,139,146
(percent of GDP) -0.3
Overall Balance (cash, discrepancy) -1,615,670,688
(percent of GDP) -0.8
Oil Revenue 208,053,859
(percent of GDP) 0.1
Non-Oil Revenue and Grants 3,031,300,646
(percent of GDP) 1.5
Benchmark Oil Revenue 118,725,799
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 83,108,060
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jun
I. REVENUES
Total Revenue & Grants 3,808,040,965
(per cent of GDP) 1.9
Domestic Revenue 3,662,985,139
Tax Revenue 3,131,073,935
Taxes on Income and Property 1,347,892,216
Company Taxes 835,244,000
Company Taxes on Oil 0
Other Direct Taxes 512,648,216

Taxes on Domestic Goods and Services 1,184,297,561


Excises 264,981,941
VAT 770,513,199
National Health Insurance Levy (NHIL) 124,702,421
Communication Service Tax 24,100,000

International Trade Taxes 598,884,158


Import Duties 598,884,158
Export Duties 0

Social Contributions 24,801,414


SSNIT Contribution to NHIL 24,801,414

Non-tax revenue 329,612,235

Other Revenue 177,497,555

Grants 145,055,827
Project Grants 145,055,827
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,758,603,433
(percent of GDP) 2.4
Compensation of Employees 1,343,348,323
Wages & Salaries 1,175,689,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jun
(percent of GDP) 0.6
Social Contributions 167,658,670

Use of Goods and Services 273,599,604

Interest Payments 1,527,535,265


Domestic 1,360,597,580
External 166,937,685

Subsidies 0
Grants to Other Government Units 779,829,723
Social Benefits 15,083,353
Other Expenditure 189,849,716
Tax Refunds 125,242,957

Capital Expenditure 504,114,492


Domestic Financed 192,542,289
Foreign Financed 311,572,204

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -950,562,468


(percent of GDP) -0.5
Arrears clearance (net change) -313,694,877
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -313,694,877
o/w other outstanding payments/deferred payme -123,172,501
o/w other outstanding claims -150,000,000
o/w Utilities -40,522,376
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jun
Overall Balance (Cash) -1,264,257,345
(percent of GDP) -0.6
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -1,264,257,345


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jun

Financing 1,264,257,345
Foreign (net) -205,023,452
Borrowing 852,466,377
Project Loans 166,516,377
Programme Loans 685,950,000
Sovereign Bond 0
Amortisation (due) -1,057,489,829

Domestic (net) 1,469,280,797


Banking 222,363,194
Bank of Ghana 0
Comm. Banks 222,363,194
Non-banks 1,246,917,603
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,662,985,139
(percent of GDP) 1.8
Domestic expenditure 2,919,495,965
(percent of GDP) 1.4
Domestic Primary Balance 743,489,174
(percent of GDP) 0.4
Primary Balance 263,277,920
(percent of GDP) 0.1
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Jun
Non-oil Primary Balance 263,277,920
(percent of GDP) 0.1
Overall Balance (cash, discrepancy) -1,264,257,345
(percent of GDP) -0.6
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 3,808,040,965
(percent of GDP) 1.9
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jun
I. REVENUES
Total Revenue & Grants 3,530,832,165
(per cent of GDP) 1.7
Domestic Revenue 3,295,238,997
Tax Revenue 2,589,006,475
Taxes on Income and Property 1,026,450,741
Company Taxes 558,874,024
Company Taxes on Oil 0
Other Direct Taxes 467,576,716

Taxes on Domestic Goods and Services 1,082,025,539


Excises 190,385,922
VAT 750,440,090
National Health Insurance Levy (NHIL) 118,847,682
Communication Service Tax 22,351,845

International Trade Taxes 480,530,196


Import Duties 480,530,196
Export Duties 0

Social Contributions 160,003,769


SSNIT Contribution to NHIL 160,003,769

Non-tax revenue 423,969,324

Other Revenue 122,259,429

Grants 235,593,168
Project Grants 235,593,168
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,824,670,878
(percent of GDP) 2.4
Compensation of Employees 1,335,313,929
Wages & Salaries 1,249,143,689
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jun
(percent of GDP) 0.6
Social Contributions 86,170,240

Use of Goods and Services 313,268,164

Interest Payments 1,430,965,056


Domestic 1,247,007,192
External 183,957,865

Subsidies 0
Grants to Other Government Units 821,209,323
Social Benefits 0
Other Expenditure 107,189,013
Tax Refunds 110,749,328

Capital Expenditure 705,976,066


Domestic Financed 152,650,873
Foreign Financed 553,325,192

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -1,293,838,713


(percent of GDP) -0.6
Arrears clearance (net change) -237,617,068
Unpaid commitments 0
Outstanding payments -40,000,000
o/w Statutory Funds -40,000,000
Clearance of outstanding commitments -197,617,068
o/w other outstanding payments/deferred payme -17,841,726
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -15,070,416
o/w wage arrears 0
o/w DACF -164,704,926
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jun
Overall Balance (Cash) -1,531,455,781
(percent of GDP) -0.8
Discrepancy -464,293,857

Overall balance (incl. Divestiture and Discrepanc -1,995,749,638


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jun

Financing 1,995,749,638
Foreign (net) -107,372,147
Borrowing 317,732,024
Project Loans 317,732,024
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -425,104,171

Domestic (net) 2,139,998,711


Banking 1,750,475,604
Bank of Ghana 1,312,338,616
Comm. Banks 438,136,987
Non-banks 389,523,108
Other Domestic 0
Other Financing -22,321,110
Other Programme Financing
Other Domestic Financing -22,321,110
Divestiture Receipts
Ghana Petroleum Funds -14,555,816
Transfer to Ghana Petroleum Funds -14,555,816
o/w Stabilisation Fund -5,362,669
o/w Heritage Fund -9,193,147
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,295,238,997
(percent of GDP) 1.6
Domestic expenditure 3,304,674,487
(percent of GDP) 1.6
Domestic Primary Balance -9,435,490
(percent of GDP) 0.0
Primary Balance -564,784,582
(percent of GDP) -0.3
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Jun
Non-oil Primary Balance -763,798,330
(percent of GDP) -0.4
Overall Balance (cash, discrepancy) -1,995,749,638
(percent of GDP) -1.0
Oil Revenue 199,013,748
(percent of GDP) 0.1
Non-Oil Revenue and Grants 3,331,818,417
(percent of GDP) 1.6
Benchmark Oil Revenue 102,146,080
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q2
I. REVENUES
Total Revenue & Grants 10,775,825,299
(per cent of GDP) 5.3
Domestic Revenue 10,374,920,924
Tax Revenue 8,334,409,915
Taxes on Income and Property 3,197,206,716
Company Taxes 1,470,924,000
Company Taxes on Oil 0
Other Direct Taxes 1,726,282,716

Taxes on Domestic Goods and Services 3,463,986,364


Excises 822,662,599
VAT 2,204,972,431
National Health Insurance Levy (NHIL) 358,501,334
Communication Service Tax 77,850,000

International Trade Taxes 1,673,216,835


Import Duties 1,673,216,835
Export Duties 0

Social Contributions 74,404,243


SSNIT Contribution to NHIL 74,404,243

Non-tax revenue 1,429,867,223

Other Revenue 536,239,544

Grants 400,904,375
Project Grants 400,904,375
Programme Grants 0

II. EXPENDITURE
Total Expenditure 13,493,451,336
(percent of GDP) 6.7
Compensation of Employees 4,030,044,968
Wages & Salaries 3,527,068,958
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q2
(percent of GDP) 1.7
Social Contributions 502,976,011

Use of Goods and Services 874,741,619

Interest Payments 3,697,437,958


Domestic 3,131,728,500
External 565,709,458

Subsidies 25,000,000
Grants to Other Government Units 2,421,849,174
Social Benefits 45,839,356
Other Expenditure 573,296,028
Tax Refunds 325,708,284

Capital Expenditure 1,499,533,948


Domestic Financed 539,127,329
Foreign Financed 960,406,620

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -2,717,626,037


(percent of GDP) -1.3
Arrears clearance (net change) -1,165,155,330
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -1,165,155,330
o/w other outstanding payments/deferred payme -546,330,285
o/w other outstanding claims -400,000,000
o/w Utilities -130,676,030
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -88,149,015
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q2
Overall Balance (Cash) -3,882,781,366
(percent of GDP) -1.9
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -3,882,781,366


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q2

Financing 3,882,781,366
Foreign (net) -321,355,961
Borrowing 1,245,452,245
Project Loans 559,502,245
Programme Loans 685,950,000
Sovereign Bond 0
Amortisation (due) -1,566,808,205

Domestic (net) 4,320,249,500


Banking 586,768,524
Bank of Ghana 0
Comm. Banks 586,768,524
Non-banks 3,733,480,976
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -55,153,282
Transfer to Ghana Petroleum Funds -55,153,282
o/w Stabilisation Fund -20,319,630
o/w Heritage Fund -34,833,652
Transfer from Stabilisation Fund 0
Sinking Fund -40,639,260
Contingency Fund -20,319,630

Memorandum items
Domestic Revenue 10,374,920,924
(percent of GDP) 5.1
Domestic expenditure 8,835,606,758
(percent of GDP) 4.4
Domestic Primary Balance 1,539,314,166
(percent of GDP) 0.8
Primary Balance -185,343,408
(percent of GDP) -0.1
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
Q2
Non-oil Primary Balance -870,972,944
(percent of GDP) -0.4
Overall Balance (cash, discrepancy) -3,882,781,366
(percent of GDP) -1.9
Oil Revenue 685,629,536
(percent of GDP) 0.3
Non-Oil Revenue and Grants 10,090,195,763
(percent of GDP) 5.0
Benchmark Oil Revenue 387,040,576
(percent of GDP) 0.2
Annual Budget Funding Amount (ABFA) 270,928,403
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q2
I. REVENUES
Total Revenue & Grants 9,347,940,556
(per cent of GDP) 4.6
Domestic Revenue 9,056,913,163
Tax Revenue 7,281,055,363
Taxes on Income and Property 2,924,535,704
Company Taxes 1,185,687,773
Company Taxes on Oil 0
Other Direct Taxes 1,738,847,931

Taxes on Domestic Goods and Services 3,134,073,027


Excises 589,321,306
VAT 2,143,644,037
National Health Insurance Levy (NHIL) 332,700,750
Communication Service Tax 68,406,933

International Trade Taxes 1,222,446,633


Import Duties 1,222,446,633
Export Duties 0

Social Contributions 229,602,298


SSNIT Contribution to NHIL 229,602,298

Non-tax revenue 1,162,379,517

Other Revenue 383,875,985

Grants 291,027,393
Project Grants 291,027,393
Programme Grants 0

II. EXPENDITURE
Total Expenditure 13,432,525,494
(percent of GDP) 6.6
Compensation of Employees 4,442,813,702
Wages & Salaries 3,692,071,608
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q2
(percent of GDP) 1.8
Social Contributions 750,742,094

Use of Goods and Services 757,213,491

Interest Payments 3,659,190,973


Domestic 3,045,211,074
External 613,979,900

Subsidies 0
Grants to Other Government Units 2,261,809,269
Social Benefits 22,916,908
Other Expenditure 338,162,390
Tax Refunds 191,613,265

Capital Expenditure 1,758,805,495


Domestic Financed 207,470,982
Foreign Financed 1,551,334,513

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -4,084,584,937


(percent of GDP) -2.0
Arrears clearance (net change) -355,322,052
Unpaid commitments 0
Outstanding payments -40,000,000
o/w Statutory Funds -40,000,000
Clearance of outstanding commitments -315,322,052
o/w other outstanding payments/deferred payme -20,719,992
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -45,713,596
o/w wage arrears 0
o/w DACF -164,704,926
o/w GETF -84,183,539
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q2
Overall Balance (Cash) -4,439,906,990
(percent of GDP) -2.2
Discrepancy 234,143,352

Overall balance (incl. Divestiture and Discrepanc -4,205,763,637


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q2

Financing 4,205,763,637
Foreign (net) 397,902,863
Borrowing 1,461,103,336
Project Loans 1,260,307,120
Programme Loans 200,796,216
Sovereign Bond 0
Amortisation (due) -1,063,200,473

Domestic (net) 3,950,451,988


Banking -4,686,794,800
Bank of Ghana -5,845,432,111
Comm. Banks 1,158,637,310
Non-banks 8,637,246,788
Other Domestic 0
Other Financing -92,417,657
Other Programme Financing 0
Other Domestic Financing -92,417,657
Divestiture Receipts 0
Ghana Petroleum Funds -50,173,556
Transfer to Ghana Petroleum Funds -50,173,556
o/w Stabilisation Fund -30,295,087
o/w Heritage Fund -19,878,469
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 9,056,913,163
(percent of GDP) 4
Domestic expenditure 7,987,856,655
(percent of GDP) 4.0
Domestic Primary Balance 1,069,056,508
(percent of GDP) 0.5
Primary Balance -546,572,664
(percent of GDP) -0.3
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Q2
Non-oil Primary Balance -953,640,271
(percent of GDP) -0.5
Overall Balance (cash, discrepancy) -4,205,763,637
(percent of GDP) -2.1
Oil Revenue 407,067,607
(percent of GDP) 0.2
Non-Oil Revenue and Grants 8,940,872,950
(percent of GDP) 4.4
Benchmark Oil Revenue 220,871,879
(percent of GDP) 0
Annual Budget Funding Amount (ABFA) 83,108,060
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1+Q2
I. REVENUES
Total Revenue & Grants 20,652,900,841
(per cent of GDP) 10.2
Domestic Revenue 19,754,662,488
Tax Revenue 15,865,186,509
Taxes on Income and Property 6,266,080,612
Company Taxes 2,866,174,000
Company Taxes on Oil 115,656,046
Other Direct Taxes 3,284,250,566

Taxes on Domestic Goods and Services 6,497,329,805


Excises 1,566,434,749
VAT 4,091,496,609
National Health Insurance Levy (NHIL) 676,538,448
Communication Service Tax 162,860,000

International Trade Taxes 3,101,776,092


Import Duties 3,101,776,092
Export Duties 0

Social Contributions 147,525,068


SSNIT Contribution to NHIL 147,525,068

Non-tax revenue 2,723,340,653

Other Revenue 1,018,610,257

Grants 898,238,353
Project Grants 898,238,353
Programme Grants 0

II. EXPENDITURE
Total Expenditure 25,932,643,991
(percent of GDP) 12.8
Compensation of Employees 7,945,435,631
Wages & Salaries 6,993,298,610
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1+Q2
(percent of GDP) 3.5
Social Contributions 952,137,021

Use of Goods and Services 1,392,906,284

Interest Payments 7,089,839,153


Domestic 5,724,016,912
External 1,365,822,241

Subsidies 25,000,000
Grants to Other Government Units 4,695,217,901
Social Benefits 129,688,048
Other Expenditure 1,092,723,226
Tax Refunds 617,207,712

Capital Expenditure 2,944,626,036


Domestic Financed 800,278,647
Foreign Financed 2,144,347,389

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -5,279,743,150


(percent of GDP) -2.6
Arrears clearance (net change) -1,616,281,204
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -1,616,281,204
o/w other outstanding payments/deferred payme -822,280,033
o/w other outstanding claims -400,000,000
o/w Utilities -240,826,319
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -132,223,522
o/w GETF -20,951,330
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1+Q2
Overall Balance (Cash) -6,896,024,354
(percent of GDP) -3.4
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -6,896,024,354


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1+Q2

Financing 6,896,024,354
Foreign (net) -513,676,628
Borrowing 1,932,059,036
Project Loans 1,246,109,036
Programme Loans 685,950,000
Sovereign Bond 0
Amortisation (due) -2,445,735,664

Domestic (net) 7,611,086,904


Banking 1,133,376,519
Bank of Ghana 0
Comm. Banks 1,133,376,519
Non-banks 6,477,710,385
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -95,658,313
Transfer to Ghana Petroleum Funds -95,658,313
o/w Stabilisation Fund -35,242,536
o/w Heritage Fund -60,415,777
Transfer from Stabilisation Fund 0
Sinking Fund -70,485,073
Contingency Fund -35,242,536

Memorandum items
Domestic Revenue 19,754,662,488
(percent of GDP) 9.8
Domestic expenditure 16,698,457,449
(percent of GDP) 8.3
Domestic Primary Balance 3,056,205,039
(percent of GDP) 1.5
Primary Balance 193,814,799
(percent of GDP) 0.10
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1+Q2
Non-oil Primary Balance -1,081,687,524
(percent of GDP) -0.6
Overall Balance (cash, discrepancy) -6,896,024,354
(percent of GDP) -3.4
Oil Revenue 1,275,502,323
(percent of GDP) 0.6
Non-Oil Revenue and Grants 19,377,398,518
(percent of GDP) 9.6
Benchmark Oil Revenue 671,286,408
(percent of GDP) 0.3
Annual Budget Funding Amount (ABFA) 469,900,485
(percent of GDP) 0.2
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1+Q2
I. REVENUES
Total Revenue & Grants 18,259,508,115
(per cent of GDP) 9.0
Domestic Revenue 17,480,969,542
Tax Revenue 14,130,663,515
Taxes on Income and Property 5,786,677,816
Company Taxes 2,323,790,583
Company Taxes on Oil 115,656,046
Other Direct Taxes 3,347,231,187

Taxes on Domestic Goods and Services 6,116,100,027


Excises 1,239,344,027
VAT 4,079,134,655
National Health Insurance Levy (NHIL) 638,906,607
Communication Service Tax 158,714,739

International Trade Taxes 2,227,885,673


Import Duties 2,227,885,673
Export Duties 0

Social Contributions 229,602,298


SSNIT Contribution to NHIL 229,602,298

Non-tax revenue 2,312,306,999

Other Revenue 808,396,730

Grants 778,538,573
Project Grants 778,538,573
Programme Grants 0

II. EXPENDITURE
Total Expenditure 23,686,583,840
(percent of GDP) 11.7
Compensation of Employees 7,942,018,708
Wages & Salaries 6,881,734,899
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1+Q2
(percent of GDP) 3.4
Social Contributions 1,060,283,809

Use of Goods and Services 851,753,074

Interest Payments 6,707,529,809


Domestic 5,349,364,170
External 1,358,165,638

Subsidies 0
Grants to Other Government Units 4,162,224,723
Social Benefits 22,916,908
Other Expenditure 670,471,885
Tax Refunds 505,614,006

Capital Expenditure 2,824,054,727


Domestic Financed 207,788,038
Foreign Financed 2,616,266,689

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -5,427,075,726


(percent of GDP) -2.7
Arrears clearance (net change) -447,533,301
Unpaid commitments 0
Outstanding payments -40,000,000
o/w Statutory Funds -40,000,000
Clearance of outstanding commitments -407,533,301
o/w other outstanding payments/deferred payme -20,719,992
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -137,924,845
o/w wage arrears 0
o/w DACF -164,704,926
o/w GETF -84,183,539
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1+Q2
Overall Balance (Cash) -5,874,609,027
(percent of GDP) -2.9
Discrepancy -978,779,247

Overall balance (incl. Divestiture and Discrepanc -6,853,388,273


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1+Q2

Financing 6,853,388,273
Foreign (net) 248,384,796
Borrowing 2,038,524,332
Project Loans 1,837,728,116
Programme Loans 200,796,216
Sovereign Bond 0
Amortisation (due) -1,790,139,536

Domestic (net) 6,878,876,900


Banking -8,016,376,755
Bank of Ghana -5,768,477,856
Comm. Banks -2,247,898,899
Non-banks 14,895,253,654
Other Domestic 0
Other Financing -180,287,812
Other Programme Financing 0
Other Domestic Financing -180,287,812
Divestiture Receipts 0
Ghana Petroleum Funds -93,585,610
Transfer to Ghana Petroleum Funds -93,585,610
o/w Stabilisation Fund -46,289,002
o/w Heritage Fund -47,296,609
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 17,480,969,542
(percent of GDP) 8.7
Domestic expenditure 15,341,566,589
(percent of GDP) 7.6
Domestic Primary Balance 2,139,402,953
(percent of GDP) 1.1
Primary Balance -145,858,464
(percent of GDP) -0.1
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1+Q2
Non-oil Primary Balance -1,107,672,954
(percent of GDP) -0.6
Overall Balance (cash, discrepancy) -6,853,388,273
(percent of GDP) -3.4
Oil Revenue 961,814,490
(percent of GDP) 0.5
Non-Oil Revenue and Grants 17,297,693,625
(percent of GDP) 8.6
Benchmark Oil Revenue 525,517,873
(percent of GDP) 0.3
Annual Budget Funding Amount (ABFA) 296,360,255
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
July
I. REVENUES
Total Revenue & Grants 3,386,846,276
(per cent of GDP) 1.7
Domestic Revenue 3,242,854,422
Tax Revenue 2,703,486,360
Taxes on Income and Property 952,478,641
Company Taxes 350,250,000
Company Taxes on Oil 0
Other Direct Taxes 602,228,641

Taxes on Domestic Goods and Services 1,163,638,465


Excises 280,319,797
VAT 732,161,814
National Health Insurance Levy (NHIL) 125,056,854
Communication Service Tax 26,100,000

International Trade Taxes 587,369,255


Import Duties 587,369,255
Export Duties 0

Social Contributions 24,801,414


SSNIT Contribution to NHIL 24,801,414

Non-tax revenue 334,122,928

Other Revenue 180,443,720

Grants 143,991,854
Project Grants 127,659,712
Programme Grants 16,332,143

II. EXPENDITURE
Total Expenditure 4,601,398,246
(percent of GDP) 2.3
Compensation of Employees 1,343,348,323
Wages & Salaries 1,175,689,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
July
(percent of GDP) 0.6
Social Contributions 167,658,670

Use of Goods and Services 163,459,341

Interest Payments 1,384,686,163


Domestic 1,064,781,910
External 319,904,253

Subsidies 0
Grants to Other Government Units 683,716,408
Social Benefits 16,153,904
Other Expenditure 184,795,881
Tax Refunds 213,643,158

Capital Expenditure 611,595,068


Domestic Financed 280,684,914
Foreign Financed 330,910,154

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -1,214,551,970


(percent of GDP) -0.6
Arrears clearance (net change) -100,000,000
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -100,000,000
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims -100,000,000
o/w Utilities 0
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
July
Overall Balance (Cash) -1,314,551,970
(percent of GDP) -0.7
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -1,314,551,970


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
July

Financing 1,314,551,970
Foreign (net) -156,062,247
Borrowing 203,250,442
Project Loans 203,250,442
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -359,312,690

Domestic (net) 1,470,614,217


Banking 222,363,194
Bank of Ghana 0
Comm. Banks 222,363,194
Non-banks 1,248,251,023
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,242,854,422
(percent of GDP) 1.6
Domestic expenditure 2,885,801,929
(percent of GDP) 1.4
Domestic Primary Balance 357,052,493
(percent of GDP) 0.2
Primary Balance 70,134,194
(percent of GDP) 0.0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
July
Non-oil Primary Balance 70,134,194
(percent of GDP) 0.0
Overall Balance (cash, discrepancy) -1,314,551,970
(percent of GDP) -0.7
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 3,386,846,276
(percent of GDP) 1.7
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
July
I. REVENUES
Total Revenue & Grants 3,485,309,653
(per cent of GDP) 1.7
Domestic Revenue 3,338,607,956
Tax Revenue 2,749,822,906
Taxes on Income and Property 1,220,524,639
Company Taxes 378,721,950
Company Taxes on Oil 96,455,644
Other Direct Taxes 745,347,046

Taxes on Domestic Goods and Services 1,092,651,311


Excises 213,303,596
VAT 739,102,338
National Health Insurance Levy (NHIL) 113,832,949
Communication Service Tax 26,412,427

International Trade Taxes 436,646,956


Import Duties 436,646,956
Export Duties 0

Social Contributions 0
SSNIT Contribution to NHIL 0

Non-tax revenue 456,963,573

Other Revenue 131,821,476

Grants 146,701,698
Project Grants 146,701,698
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,525,993,846
(percent of GDP) 2.2
Compensation of Employees 1,559,624,181
Wages & Salaries 1,268,314,675
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
July
(percent of GDP) 0.6
Social Contributions 291,309,506

Use of Goods and Services 219,017,546

Interest Payments 1,407,795,777


Domestic 1,066,754,870
External 341,040,907

Subsidies 0
Grants to Other Government Units 785,292,800
Social Benefits 0
Other Expenditure 116,248,712
Tax Refunds 144,237,291

Capital Expenditure 293,777,538


Domestic Financed 57,756,106
Foreign Financed 236,021,432

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -1,040,684,193


(percent of GDP) -0.5
Arrears clearance (net change) -114,872,763
Unpaid commitments 0
Outstanding payments -99,300,000
o/w Statutory Funds -99,300,000
Clearance of outstanding commitments -15,572,763
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -15,572,763
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
July
Overall Balance (Cash) -1,155,556,956
(percent of GDP) -0.6
Discrepancy -514,307,789

Overall balance (incl. Divestiture and Discrepanc -1,669,864,745


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
July

Financing 1,669,864,745
Foreign (net) -292,587,153
Borrowing 89,319,735
Project Loans 89,319,735
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -381,906,888

Domestic (net) 2,013,738,070


Banking 3,124,525,994
Bank of Ghana 1,485,745,101
Comm. Banks 1,638,780,893
Non-banks -1,110,787,924
Other Domestic 0
Other Financing -23,542,857
Other Programme Financing
Other Domestic Financing -23,542,857
Divestiture Receipts
Ghana Petroleum Funds -27,743,314
Transfer to Ghana Petroleum Funds -27,743,314
o/w Stabilisation Fund -10,221,221
o/w Heritage Fund -17,522,093
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,338,607,956
(percent of GDP) 1.7
Domestic expenditure 3,396,484,426
(percent of GDP) 1.7
Domestic Primary Balance -57,876,471
(percent of GDP) 0.0
Primary Balance -262,068,969
(percent of GDP) -0.1
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
July
Non-oil Primary Balance -556,808,947
(percent of GDP) -0.3
Overall Balance (cash, discrepancy) -1,669,864,745
(percent of GDP) -0.8
Oil Revenue 294,739,978
(percent of GDP) 0.1
Non-Oil Revenue and Grants 3,190,569,675
(percent of GDP) 1.6
Benchmark Oil Revenue 194,689,923
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 136,282,946
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
August
I. REVENUES
Total Revenue & Grants 3,703,668,702
(per cent of GDP) 1.8
Domestic Revenue 3,604,743,108
Tax Revenue 2,501,507,234
Taxes on Income and Property 873,746,005
Company Taxes 278,394,560
Company Taxes on Oil 0
Other Direct Taxes 595,351,445

Taxes on Domestic Goods and Services 1,111,211,183


Excises 274,703,814
VAT 686,762,801
National Health Insurance Levy (NHIL) 123,444,568
Communication Service Tax 26,300,000

International Trade Taxes 516,550,047


Import Duties 516,550,047
Export Duties 0

Social Contributions 24,801,414


SSNIT Contribution to NHIL 24,801,414

Non-tax revenue 903,671,021

Other Revenue 174,763,438

Grants 98,925,594
Project Grants 98,925,594
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,013,436,102
(percent of GDP) 2.0
Compensation of Employees 1,343,348,323
Wages & Salaries 1,175,689,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
August
(percent of GDP) 0.6
Social Contributions 167,658,670

Use of Goods and Services 148,011,277

Interest Payments 852,109,079


Domestic 634,545,640
External 217,563,438

Subsidies 0
Grants to Other Government Units 727,133,056
Social Benefits 16,056,367
Other Expenditure 179,115,600
Tax Refunds 195,536,562

Capital Expenditure 552,125,839


Domestic Financed 310,087,695
Foreign Financed 242,038,143

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -309,767,400


(percent of GDP) -0.2
Arrears clearance (net change) -59,303,468
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -59,303,468
o/w other outstanding payments/deferred payme 0
o/w other outstanding claims 0
o/w Utilities -59,303,468
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
August
Overall Balance (Cash) -369,070,868
(percent of GDP) -0.2
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -369,070,868


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
August

Financing 369,070,868
Foreign (net) -62,362,515
Borrowing 143,112,550
Project Loans 143,112,550
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -205,475,064

Domestic (net) 518,565,840


Banking 222,363,194
Bank of Ghana 0
Comm. Banks 222,363,194
Non-banks 296,202,646
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -41,387,917
Transfer to Ghana Petroleum Funds -41,387,917
o/w Stabilisation Fund -15,248,180
o/w Heritage Fund -26,139,737
Transfer from Stabilisation Fund 0
Sinking Fund -30,496,360
Contingency Fund -15,248,180

Memorandum items
Domestic Revenue 3,604,743,108
(percent of GDP) 1.8
Domestic expenditure 2,919,288,880
(percent of GDP) 1.4
Domestic Primary Balance 685,454,228
(percent of GDP) 0.3
Primary Balance 483,038,210
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog.
August
Non-oil Primary Balance 71,262,317
(percent of GDP) 0.0
Overall Balance (cash, discrepancy) -369,070,868
(percent of GDP) -0.2
Oil Revenue 411,775,893
(percent of GDP) 0.2
Non-Oil Revenue and Grants 3,291,892,809
(percent of GDP) 1.6
Benchmark Oil Revenue 290,441,522
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 203,309,065
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
August
I. REVENUES
Total Revenue & Grants 3,305,502,649
(per cent of GDP) 1.6
Domestic Revenue 3,294,193,717
Tax Revenue 2,845,991,235
Taxes on Income and Property 862,864,506
Company Taxes 357,794,237
Company Taxes on Oil 0
Other Direct Taxes 505,070,268

Taxes on Domestic Goods and Services 1,533,870,316


Excises 650,183,217
VAT 741,870,250
National Health Insurance Levy (NHIL) 116,474,628
Communication Service Tax 25,342,221

International Trade Taxes 449,256,413


Import Duties 449,256,413
Export Duties 0

Social Contributions 66,646,764


SSNIT Contribution to NHIL 66,646,764

Non-tax revenue 249,734,243

Other Revenue 131,821,476

Grants 11,308,932
Project Grants 11,308,932
Programme Grants 0

II. EXPENDITURE
Total Expenditure 3,741,350,818
(percent of GDP) 1.9
Compensation of Employees 1,531,946,345
Wages & Salaries 1,291,537,692
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
August
(percent of GDP) 0.6
Social Contributions 240,408,653

Use of Goods and Services 271,365,369

Interest Payments 778,021,132


Domestic 539,560,935
External 238,460,197

Subsidies 0
Grants to Other Government Units 662,289,818
Social Benefits 0
Other Expenditure 116,248,712
Tax Refunds 181,358,196

Capital Expenditure 200,121,245


Domestic Financed 45,699,763
Foreign Financed 154,421,482

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -435,848,169


(percent of GDP) -0.2
Arrears clearance (net change) -61,530,579
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -61,530,579
o/w other outstanding payments/deferred payme -45,957,816
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -15,572,763
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
August
Overall Balance (Cash) -497,378,748
(percent of GDP) -0.2
Discrepancy 244,449,739

Overall balance (incl. Divestiture and Discrepanc -252,929,009


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
August

Financing 252,929,009
Foreign (net) -120,409,741
Borrowing 143,112,550
Project Loans 143,112,550
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -263,522,291

Domestic (net) 396,881,607


Banking -1,373,927,926
Bank of Ghana 929,214,505
Comm. Banks -2,303,142,432
Non-banks 1,770,809,533
Other Domestic 0
Other Financing -23,542,857
Other Programme Financing
Other Domestic Financing -23,542,857
Divestiture Receipts
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,294,193,717
(percent of GDP) 1.6
Domestic expenditure 2,564,458,466
(percent of GDP) 1.3
Domestic Primary Balance 729,735,252
(percent of GDP) 0.4
Primary Balance 525,092,123
(percent of GDP) 0.3
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
August
Non-oil Primary Balance 525,092,123
(percent of GDP) 0.3
Overall Balance (cash, discrepancy) -252,929,009
(percent of GDP) -0.1
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 3,305,502,649
(percent of GDP) 1.6
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Sept
I. REVENUES
Total Revenue & Grants 3,602,997,674
(per cent of GDP) 1.8
Domestic Revenue 3,493,399,653
Tax Revenue 2,828,649,269
Taxes on Income and Property 1,268,137,465
Company Taxes 731,729,121
Company Taxes on Oil 0
Other Direct Taxes 536,408,345

Taxes on Domestic Goods and Services 1,081,213,447


Excises 274,113,346
VAT 661,368,693
National Health Insurance Levy (NHIL) 119,231,407
Communication Service Tax 26,500,000

International Trade Taxes 479,298,357


Import Duties 479,298,357
Export Duties 0

Social Contributions 24,801,414


SSNIT Contribution to NHIL 24,801,414

Non-tax revenue 467,582,652

Other Revenue 172,366,318

Grants 109,598,021
Project Grants 109,598,021
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,280,078,793
(percent of GDP) 2.1
Compensation of Employees 1,343,348,323
Wages & Salaries 1,175,689,653
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Sept
(percent of GDP) 0.6
Social Contributions 167,658,670

Use of Goods and Services 220,573,348

Interest Payments 949,860,957


Domestic 705,245,625
External 244,615,331

Subsidies 25,000,000
Grants to Other Government Units 744,307,937
Social Benefits 16,100,873
Other Expenditure 176,718,480
Tax Refunds 221,152,932

Capital Expenditure 583,015,943


Domestic Financed 202,570,566
Foreign Financed 380,445,377

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -677,081,118


(percent of GDP) -0.3
Arrears clearance (net change) -433,062,392
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -433,062,392
o/w other outstanding payments/deferred payme -221,175,610
o/w other outstanding claims -108,457,472
o/w Utilities -64,136,265
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -39,293,044
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Sept
Overall Balance (Cash) -1,110,143,510
(percent of GDP) -0.5
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -1,110,143,510


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Sept

Financing 1,110,143,510
Foreign (net) 328,495,613
Borrowing 728,147,357
Project Loans 270,847,357
Programme Loans 457,300,000
Sovereign Bond 0
Amortisation (due) -399,651,744

Domestic (net) 781,647,897


Banking 222,363,194
Bank of Ghana 0
Comm. Banks 222,363,194
Non-banks 559,284,704
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds 0
Transfer to Ghana Petroleum Funds 0
o/w Stabilisation Fund 0
o/w Heritage Fund 0
Transfer from Stabilisation Fund 0
Sinking Fund 0
Contingency Fund 0

Memorandum items
Domestic Revenue 3,493,399,653
(percent of GDP) 1.7
Domestic expenditure 2,949,772,459
(percent of GDP) 1.5
Domestic Primary Balance 543,627,195
(percent of GDP) 0.3
Primary Balance -160,282,554
(percent of GDP) -0.1
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Sept
Non-oil Primary Balance -160,282,554
(percent of GDP) -0.1
Overall Balance (cash, discrepancy) -1,110,143,510
(percent of GDP) -0.5
Oil Revenue 0
(percent of GDP) 0.0
Non-Oil Revenue and Grants 3,602,997,674
(percent of GDP) 1.8
Benchmark Oil Revenue 0
(percent of GDP) 0.0
Annual Budget Funding Amount (ABFA) 0
(percent of GDP) 0.0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Sept
I. REVENUES
Total Revenue & Grants 3,378,901,121
(per cent of GDP) 1.7
Domestic Revenue 3,367,329,977
Tax Revenue 2,409,097,056
Taxes on Income and Property 1,001,144,255
Company Taxes 589,412,793
Company Taxes on Oil 0
Other Direct Taxes 411,731,462

Taxes on Domestic Goods and Services 965,471,425


Excises 215,719,044
VAT 615,437,067
National Health Insurance Levy (NHIL) 102,679,590
Communication Service Tax 31,635,725

International Trade Taxes 442,481,376


Import Duties 442,481,376
Export Duties 0

Social Contributions 0
SSNIT Contribution to NHIL 0

Non-tax revenue 813,687,204

Other Revenue 144,545,717

Grants 11,571,144
Project Grants 11,571,144
Programme Grants 0

II. EXPENDITURE
Total Expenditure 4,469,083,871
(percent of GDP) 2.2
Compensation of Employees 1,478,507,455
Wages & Salaries 1,255,093,636
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Sept
(percent of GDP) 0.6
Social Contributions 223,413,820

Use of Goods and Services 490,380,090

Interest Payments 816,991,644


Domestic 607,080,515
External 209,911,128

Subsidies 0
Grants to Other Government Units 891,885,571
Social Benefits 0
Other Expenditure 144,545,717
Tax Refunds 268,303,076

Capital Expenditure 378,470,318


Domestic Financed 96,051,817
Foreign Financed 282,418,501

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -1,090,182,750


(percent of GDP) -0.5
Arrears clearance (net change) -139,974,100
Unpaid commitments 0
Outstanding payments -5,096,768
o/w Statutory Funds 0
Clearance of outstanding commitments -134,877,332
o/w other outstanding payments/deferred payme -134,877,332
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Sept
Overall Balance (Cash) -1,230,156,850
(percent of GDP) -0.6
Discrepancy 730,523,815

Overall balance (incl. Divestiture and Discrepanc -499,633,036


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Sept

Financing 499,633,036
Foreign (net) 117,815,653
Borrowing 270,847,357
Project Loans 270,847,357
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -153,031,703

Domestic (net) -441,705,499


Banking -914,919,639
Bank of Ghana -909,788,446
Comm. Banks -5,131,194
Non-banks 473,214,140
Other Domestic
Other Financing -28,581,108
Other Programme Financing
Other Domestic Financing -28,581,108
Divestiture Receipts
Ghana Petroleum Funds -27,816,011
Transfer to Ghana Petroleum Funds -27,816,011
o/w Stabilisation Fund -10,248,004
o/w Heritage Fund -17,568,007
Transfer from Stabilisation Fund 0
Sinking Fund 879,920,000
Contingency Fund 0

Memorandum items
Domestic Revenue 3,367,329,977
(percent of GDP) 1.7
Domestic expenditure 2,639,149,912
(percent of GDP) 1.3
Domestic Primary Balance 728,180,065
(percent of GDP) 0.4
Primary Balance 317,358,608
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov.
Sept
Non-oil Primary Balance 122,158,531
(percent of GDP) 0.1
Overall Balance (cash, discrepancy) -499,633,036
(percent of GDP) -0.2
Oil Revenue 195,200,077
(percent of GDP) 0.1
Non-Oil Revenue and Grants 3,183,701,044
(percent of GDP) 1.6
Benchmark Oil Revenue 195,200,077
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 136,640,054
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q3
I. REVENUES
Total Revenue & Grants 10,693,512,652
(per cent of GDP) 5.3
Domestic Revenue 10,340,997,183
Tax Revenue 8,033,642,863
Taxes on Income and Property 3,094,362,111
Company Taxes 1,360,373,681
Company Taxes on Oil 0
Other Direct Taxes 1,733,988,430

Taxes on Domestic Goods and Services 3,356,063,094


Excises 829,136,957
VAT 2,080,293,308
National Health Insurance Levy (NHIL) 367,732,829
Communication Service Tax 78,900,000

International Trade Taxes 1,583,217,658


Import Duties 1,583,217,658
Export Duties 0

Social Contributions 74,404,243


SSNIT Contribution to NHIL 74,404,243

Non-tax revenue 1,705,376,601

Other Revenue 527,573,476

Grants 352,515,469
Project Grants 336,183,326
Programme Grants 16,332,143

II. EXPENDITURE
Total Expenditure 12,894,913,140
(percent of GDP) 6.4
Compensation of Employees 4,030,044,968
Wages & Salaries 3,527,068,958
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q3
(percent of GDP) 1.7
Social Contributions 502,976,011

Use of Goods and Services 532,043,967

Interest Payments 3,186,656,199


Domestic 2,404,573,176
External 782,083,023

Subsidies 25,000,000
Grants to Other Government Units 2,155,157,400
Social Benefits 48,311,144
Other Expenditure 540,629,960
Tax Refunds 630,332,652

Capital Expenditure 1,746,736,850


Domestic Financed 793,343,175
Foreign Financed 953,393,675

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -2,201,400,488


(percent of GDP) -1.1
Arrears clearance (net change) -592,365,860
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -592,365,860
o/w other outstanding payments/deferred payme -221,175,610
o/w other outstanding claims -208,457,472
o/w Utilities -123,439,734
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -39,293,044
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q3
Overall Balance (Cash) -2,793,766,348
(percent of GDP) -1.4
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -2,793,766,348


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q3

Financing 2,793,766,348
Foreign (net) 110,070,851
Borrowing 1,074,510,348
Project Loans 617,210,348
Programme Loans 457,300,000
Sovereign Bond 0
Amortisation (due) -964,439,498

Domestic (net) 2,770,827,954


Banking 667,089,582
Bank of Ghana 0
Comm. Banks 667,089,582
Non-banks 2,103,738,373
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -41,387,917
Transfer to Ghana Petroleum Funds -41,387,917
o/w Stabilisation Fund -15,248,180
o/w Heritage Fund -26,139,737
Transfer from Stabilisation Fund 0
Sinking Fund -30,496,360
Contingency Fund -15,248,180

Memorandum items
Domestic Revenue 10,340,997,183
(percent of GDP) 5.1
Domestic expenditure 8,754,863,267
(percent of GDP) 4.3
Domestic Primary Balance 1,586,133,916
(percent of GDP) 0.8
Primary Balance 392,889,850
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q3
Non-oil Primary Balance -18,886,043
(percent of GDP) 0.0
Overall Balance (cash, discrepancy) -2,793,766,348
(percent of GDP) -1.4
Oil Revenue 411,775,893
(percent of GDP) 0.2
Non-Oil Revenue and Grants 10,281,736,759
(percent of GDP) 5.1
Benchmark Oil Revenue 290,441,522
(percent of GDP) 0.1
Annual Budget Funding Amount (ABFA) 203,309,065
(percent of GDP) 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q3
I. REVENUES
Total Revenue & Grants 10,169,713,424
(per cent of GDP) 5.0
Domestic Revenue 10,000,131,650
Tax Revenue 8,004,911,197
Taxes on Income and Property 3,084,533,400
Company Taxes 1,325,928,980
Company Taxes on Oil 96,455,644
Other Direct Taxes 1,662,148,776

Taxes on Domestic Goods and Services 3,591,993,052


Excises 1,079,205,857
VAT 2,096,409,655
National Health Insurance Levy (NHIL) 332,987,167
Communication Service Tax 83,390,373

International Trade Taxes 1,328,384,745


Import Duties 1,328,384,745
Export Duties 0

Social Contributions 66,646,764


SSNIT Contribution to NHIL 66,646,764

Non-tax revenue 1,520,385,020

Other Revenue 408,188,669

Grants 169,581,774
Project Grants 169,581,774
Programme Grants 0

II. EXPENDITURE
Total Expenditure 12,736,428,535
(percent of GDP) 6.3
Compensation of Employees 4,570,077,982
Wages & Salaries 3,814,946,003
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q3
(percent of GDP) 1.9
Social Contributions 755,131,979

Use of Goods and Services 980,763,006

Interest Payments 3,002,808,552


Domestic 2,213,396,320
External 789,412,232

Subsidies 0
Grants to Other Government Units 2,339,468,189
Social Benefits 0
Other Expenditure 377,043,142
Tax Refunds 593,898,564

Capital Expenditure 872,369,101


Domestic Financed 199,507,687
Foreign Financed 672,861,415

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -2,566,715,112


(percent of GDP) -1.3
Arrears clearance (net change) -316,377,443
Unpaid commitments 0
Outstanding payments -104,396,768
o/w Statutory Funds -99,300,000
Clearance of outstanding commitments -211,980,675
o/w other outstanding payments/deferred payme -180,835,148
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -31,145,527
o/w wage arrears 0
o/w DACF 0
o/w GETF 0
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q3
Overall Balance (Cash) -2,883,092,555
(percent of GDP) -1.4
Discrepancy 460,665,765

Overall balance (incl. Divestiture and Discrepanc -2,422,426,790


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q3

Financing 2,422,426,790
Foreign (net) -295,181,241
Borrowing 503,279,641
Project Loans 503,279,641
Programme Loans 0
Sovereign Bond 0
Amortisation (due) -798,460,882

Domestic (net) 1,968,914,178


Banking 835,678,429
Bank of Ghana 1,505,171,161
Comm. Banks -669,492,732
Non-banks 1,133,235,749
Other Domestic 0
Other Financing -75,666,822
Other Programme Financing 0
Other Domestic Financing -75,666,822
Divestiture Receipts 0
Ghana Petroleum Funds -55,559,325
Transfer to Ghana Petroleum Funds -55,559,325
o/w Stabilisation Fund -20,469,225
o/w Heritage Fund -35,090,100
Transfer from Stabilisation Fund 0
Sinking Fund 879,920,000
Contingency Fund 0

Memorandum items
Domestic Revenue 10,000,131,650
(percent of GDP) 5.0
Domestic expenditure 8,600,092,804
(percent of GDP) 4.3
Domestic Primary Balance 1,400,038,846
(percent of GDP) 0.7
Primary Balance 580,381,762
(percent of GDP) 0.3
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q3
Non-oil Primary Balance 90,441,706
(percent of GDP) 0.0
Overall Balance (cash, discrepancy) -2,422,426,790
(percent of GDP) -1.2
Oil Revenue 489,940,056
(percent of GDP) 0.2
Non-Oil Revenue and Grants 9,679,773,368
(percent of GDP) 4.8
Benchmark Oil Revenue 389,890,000
(percent of GDP) 0.2
Annual Budget Funding Amount (ABFA) 272,923,000
(percent of GDP) 0.1
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1-Q3
I. REVENUES
Total Revenue & Grants 31,346,413,493
(per cent of GDP) 15.5
Domestic Revenue 30,095,659,671
Tax Revenue 23,898,829,372
Taxes on Income and Property 9,360,442,723
Company Taxes 4,226,547,681
Company Taxes on Oil 115,656,046
Other Direct Taxes 5,018,238,996

Taxes on Domestic Goods and Services 9,853,392,899


Excises 2,395,571,706
VAT 6,171,789,917
National Health Insurance Levy (NHIL) 1,044,271,277
Communication Service Tax 241,760,000

International Trade Taxes 4,684,993,750


Import Duties 4,684,993,750
Export Duties 0

Social Contributions 221,929,311


SSNIT Contribution to NHIL 221,929,311

Non-tax revenue 4,428,717,255

Other Revenue 1,546,183,733

Grants 1,250,753,822
Project Grants 1,234,421,680
Programme Grants 16,332,143

II. EXPENDITURE
Total Expenditure 38,827,557,132
(percent of GDP) 19.2
Compensation of Employees 11,975,480,600
Wages & Salaries 10,520,367,568
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1-Q3
(percent of GDP) 5.2
Social Contributions 1,455,113,032

Use of Goods and Services 1,924,950,251

Interest Payments 10,276,495,352


Domestic 8,128,590,087
External 2,147,905,264

Subsidies 50,000,000
Grants to Other Government Units 6,850,375,301
Social Benefits 177,999,192
Other Expenditure 1,633,353,187
Tax Refunds 1,247,540,364

Capital Expenditure 4,691,362,886


Domestic Financed 1,593,621,822
Foreign Financed 3,097,741,064

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -7,481,143,638


(percent of GDP) -3.7
Arrears clearance (net change) -2,208,647,064
Unpaid commitments 0
Outstanding payments 0
o/w Statutory Funds 0
Clearance of outstanding commitments -2,208,647,064
o/w other outstanding payments/deferred payme -1,043,455,643
o/w other outstanding claims -608,457,472
o/w Utilities -364,266,053
o/w outstanding payments with ESLA 0
o/w wage arrears 0
o/w DACF -171,516,566
o/w GETF -20,951,330
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1-Q3
Overall Balance (Cash) -9,689,790,702
(percent of GDP) -4.8
Discrepancy 0

Overall balance (incl. Divestiture and Discrepanc -9,689,790,702


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1-Q3

Financing 9,689,790,702
Foreign (net) -403,605,777
Borrowing 3,006,569,384
Project Loans 1,863,319,384
Programme Loans 1,143,250,000
Sovereign Bond 0
Amortisation (due) -3,410,175,161

Domestic (net) 10,381,914,858


Banking 1,800,466,101
Bank of Ghana 0
Comm. Banks 1,800,466,101
Non-banks 8,581,448,758
Other Domestic 0
Other Financing 0
Other Programme Financing 0
Other Domestic Financing 0
Divestiture Receipts 0
Ghana Petroleum Funds -137,046,230
Transfer to Ghana Petroleum Funds -137,046,230
o/w Stabilisation Fund -50,490,716
o/w Heritage Fund -86,555,514
Transfer from Stabilisation Fund 0
Sinking Fund -100,981,433
Contingency Fund -50,490,716

Memorandum items
Domestic Revenue 30,095,659,671
(percent of GDP) 14.9
Domestic expenditure 25,453,320,716
(percent of GDP) 12.6
Domestic Primary Balance 4,642,338,954
(percent of GDP) 2.3
Primary Balance 586,704,649
(percent of GDP) 0.3
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prog
Q1-Q3
Non-oil Primary Balance -1,100,573,567
(percent of GDP) -0.6
Overall Balance (cash, discrepancy) -9,689,790,702
(percent of GDP) -4.8
Oil Revenue 1,687,278,216
(percent of GDP) 0.8
Non-Oil Revenue and Grants 29,659,135,277
(percent of GDP) 14.7
Benchmark Oil Revenue 961,727,930
(percent of GDP) 0.5
Annual Budget Funding Amount (ABFA) 673,209,551
(percent of GDP) 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1-Q3
I. REVENUES
Total Revenue & Grants 28,429,221,538
(per cent of GDP) 14.1
Domestic Revenue 27,481,101,191
Tax Revenue 22,135,574,712
Taxes on Income and Property 8,871,211,215
Company Taxes 3,649,719,564
Company Taxes on Oil 212,111,689
Other Direct Taxes 5,009,379,963

Taxes on Domestic Goods and Services 9,708,093,079


Excises 2,318,549,884
VAT 6,175,544,310
National Health Insurance Levy (NHIL) 971,893,773
Communication Service Tax 242,105,111

International Trade Taxes 3,556,270,418


Import Duties 3,556,270,418
Export Duties 0

Social Contributions 296,249,062


SSNIT Contribution to NHIL 296,249,062

Non-tax revenue 3,832,692,019

Other Revenue 1,216,585,398

Grants 948,120,347
Project Grants 948,120,347
Programme Grants 0

II. EXPENDITURE
Total Expenditure 36,423,012,376
(percent of GDP) 18.0
Compensation of Employees 12,512,096,690
Wages & Salaries 10,696,680,902
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1-Q3
(percent of GDP) 5.3
Social Contributions 1,815,415,789

Use of Goods and Services 1,832,516,079

Interest Payments 9,710,338,361


Domestic 7,562,760,490
External 2,147,577,870

Subsidies 0
Grants to Other Government Units 6,501,692,912
Social Benefits 22,916,908
Other Expenditure 1,047,515,027
Tax Refunds 1,099,512,570

Capital Expenditure 3,696,423,829


Domestic Financed 407,295,724
Foreign Financed 3,289,128,104

Other Outstanding Expenditure Claims 0

Overall Balance (Commitment) -7,993,790,837


(percent of GDP) -4.0
Arrears clearance (net change) -763,910,744
Unpaid commitments 0
Outstanding payments -144,396,768
o/w Statutory Funds -139,300,000
Clearance of outstanding commitments -619,513,976
o/w other outstanding payments/deferred payme -201,555,140
o/w other outstanding claims 0
o/w Utilities 0
o/w outstanding payments with ESLA -169,070,372
o/w wage arrears 0
o/w DACF -164,704,926
o/w GETF -84,183,539
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1-Q3
Overall Balance (Cash) -8,757,701,581
(percent of GDP) -4.3
Discrepancy -518,113,482

Overall balance (incl. Divestiture and Discrepanc -9,275,815,063


TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1-Q3

Financing 9,275,815,063
Foreign (net) -46,796,445
Borrowing 2,541,803,973
Project Loans 2,341,007,757
Programme Loans 200,796,216
Sovereign Bond 0
Amortisation (due) -2,588,600,418

Domestic (net) 8,847,791,077


Banking -7,180,698,326
Bank of Ghana -4,263,306,695
Comm. Banks -2,917,391,631
Non-banks 16,028,489,404
Other Domestic 0
Other Financing -255,954,634
Other Programme Financing 0
Other Domestic Financing -255,954,634
Divestiture Receipts 0
Ghana Petroleum Funds -149,144,935
Transfer to Ghana Petroleum Funds -149,144,935
o/w Stabilisation Fund -66,758,227
o/w Heritage Fund -82,386,709
Transfer from Stabilisation Fund 0
Sinking Fund 879,920,000
Contingency Fund 0

Memorandum items
Domestic Revenue 27,481,101,191
(percent of GDP) 13.6
Domestic expenditure 23,941,659,393
(percent of GDP) 11.9
Domestic Primary Balance 3,539,441,799
(percent of GDP) 1.8
Primary Balance 434,523,298
(percent of GDP) 0.2
TABLE 1: SUMMARY OF CENTRAL GOVERNMENT OPERATIONS - 2017
2017
Prov
Q1-Q3
Non-oil Primary Balance -1,017,231,248
(percent of GDP) -0.5
Overall Balance (cash, discrepancy) -9,275,815,063
(percent of GDP) -4.6
Oil Revenue 1,451,754,545
(percent of GDP) 0.7
Non-Oil Revenue and Grants 26,977,466,993
(percent of GDP) 13.4
Benchmark Oil Revenue 915,407,874
(percent of GDP) 0.5
Annual Budget Funding Amount (ABFA) 569,283,256
(percent of GDP) 0.3
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Budget
14 November 2017

TAX REVENUE 34,382,052,974

TAXES ON INCOME & PROPERTY 13,446,577,025


Personal 4,557,590,000
Self Employed 351,280,000
Companies 6,460,460,000
Company Taxes on Oil 0
Others 2,077,247,025
Other Direct Taxes 1,542,767,025
o/w Royalties from Oil 616,757,025
o/w Mineral Royalties 626,450,000
National Fiscal Stabilisation Levy 217,200,000
Airport Tax 317,280,000

TAXES ON DOMESTIC GOODS AND SERVICES 13,863,080,617


Excises 3,263,890,617
Excise Duty 385,890,000
Petroleum Tax 2,878,000,617
o/w Energy Fund levy 31,410,000
o/w Road Fund levy 1,331,420,000
VAT 8,833,150,000
Domestic 3,785,290,000
External 5,047,860,000
National Health Insurance Levy (NHIL) 1,438,120,000
Customs Collection 791,670,000
Domestic Collection 646,450,000
Communication Service Tax 327,920,000

TAXES ON INTERNATIONAL TRADE 7,072,395,332


Imports 6,741,300,000
Import Duty 6,741,300,000
Exports 331,095,332
o/w Cocoa 331,095,332

SOCIAL CONTRIBUTIONS 296,333,342


2017
23:34 Budget
14 November 2017
SSNIT Contribution to NHIL 296,333,342

NON-TAX REVENUE 6,670,036,180


Retention 3,361,624,886
Lodgement 3,308,411,295
Fees & Charges 723,370,000
Dividend/Interest & Profits (Others) 343,620,000
Dividend/Interest & Profits from Oil 1,734,577,534
Surface Rentals from Oil/PHF Interest 6,843,760
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 500,000,000

OTHER REVENUE 2,081,693,682


ESLA Proceeds 2,081,693,682
Energy Debt Recovery Levy 1,666,349,253
Public Lighting Levy 185,284,854
National Electrification Scheme Levy 123,014,399
Price Stabilisation & Recovery Levy 415,344,429

DOMESTIC REVENUE 43,430,116,179

GRANTS 1,531,519,476
Project Grants 1,515,187,333
Programme Grants 16,332,143

TOTAL REVENUE & GRANTS 44,961,635,655

Memorandum items
Taxes on Income and Property (% of GDP) 6.6
Non-oil Taxes on Income and Property (% of non-oil 6.5
Taxes on Goods and Services (% of GDP) 6.8
Taxes on International Trade (% of GDP) 3.5
Tax Revenue (% of GDP) 16.9
Non-Oil Tax Revenue (% of non-oil GDP) 17.0
Non-Tax Revenue (% of GDP) 3.3
Domestic Revenue (% of GDP) 21.4
Non-Oil Domestic Revenue 20.7
2017
23:34 Budget
14 November 2017
Grants (% of GDP) 0.8
Total Revenue and Grants 22.1
Non-Oil Tax Revenue 33,765,295,949.3
Non-oil Taxes on Income and Property 12,829,820,000.0
Import Exemptions 1,341,700,000.00
Benchmark Oil Revenue 1,137,593,216
Nominal GDP 203,410,468,023
Non-Oil Nominal GDP 198,869,015,323
ECONOMIC
TABLE
CLASSIFICATION
2: ECONOMICOF
CLASSIFICATION
CENTRAL GOV'T OF
REVENUE
CENTRAL
- 2017
GOV'T REVENUE - 2017
2017
23:34 Revised Budget
14 November 2017

TAX REVENUE 33,017,076,382

TAXES ON INCOME & PROPERTY 12,951,100,433


Personal 4,557,590,000
Self Employed 351,280,000
Companies 5,849,327,362
Company Taxes on Oil 115,656,046
Others 2,077,247,025
Other Direct Taxes 1,542,767,025
o/w Royalties from Oil 616,757,025
o/w Mineral Royalties 626,450,000
National Fiscal Stabilisation Levy 217,200,000
Airport Tax 317,280,000

TAXES ON DOMESTIC GOODS AND SERVICES 13,363,080,617


Excises 3,263,890,617
Excise Duty 385,890,000
Petroleum Tax 2,878,000,617
o/w Energy Fund levy 31,410,000
o/w Road Fund levy 1,331,420,000
VAT 8,333,150,000
Domestic 3,785,290,000
External 4,547,860,000
National Health Insurance Levy (NHIL) 1,438,120,000
Customs Collection 791,670,000
Domestic Collection 646,450,000
Communication Service Tax 327,920,000

TAXES ON INTERNATIONAL TRADE 6,702,895,332


Imports 6,371,800,000
Import Duty 6,371,800,000
Exports 331,095,332
o/w Cocoa 331,095,332

SOCIAL CONTRIBUTIONS 296,333,342


2017
23:34 Revised Budget
14 November 2017
SSNIT Contribution to NHIL 296,333,342

NON-TAX REVENUE 6,170,036,180


Retention 3,361,624,886
Lodgement 2,808,411,295
Fees & Charges 723,370,000
Dividend/Interest & Profits (Others) 343,620,000
Dividend/Interest & Profits from Oil 1,734,577,534
Surface Rentals from Oil/PHF Interest 6,843,760
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 2,081,693,682


ESLA Proceeds 2,081,693,682
Energy Debt Recovery Levy 1,666,349,253
Public Lighting Levy 185,284,854
National Electrification Scheme Levy 123,014,399
Price Stabilisation & Recovery Levy 415,344,429

DOMESTIC REVENUE 41,565,139,586

GRANTS 1,531,519,476
Project Grants 1,515,187,333
Programme Grants 16,332,143

TOTAL REVENUE & GRANTS 43,096,659,063

Memorandum items
Taxes on Income and Property (% of GDP) 6.4
Non-oil Taxes on Income and Property (% of non-oil 6.3
Taxes on Goods and Services (% of GDP) 6.6
Taxes on International Trade (% of GDP) 3.3
Tax Revenue (% of GDP) 16.3
Non-Oil Tax Revenue (% of non-oil GDP) 16.6
Non-Tax Revenue (% of GDP) 3.1
Domestic Revenue (% of GDP) 20.6
Non-Oil Domestic Revenue 20.0
2017
23:34 Revised Budget
14 November 2017
Grants (% of GDP) 0.8
Total Revenue and Grants 21.3
Non-Oil Tax Revenue 32,284,663,311.3
Non-oil Taxes on Income and Property 12,218,687,362.3
Import Exemptions 1,341,700,000.00
Benchmark Oil Revenue 1,456,939,173
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Revised Proj
14 November 2017

TAX REVENUE 31,788,253,317

TAXES ON INCOME & PROPERTY 13,118,595,511


Personal 4,904,704,778
Self Employed 315,907,555
Companies 5,472,829,631
Company Taxes on Oil 212,142,593
Others 2,213,010,955
Other Direct Taxes 1,587,174,287
o/w Royalties from Oil 616,757,025
o/w Mineral Royalties 638,642,606
National Fiscal Stabilisation Levy 223,734,208
Airport Tax 402,102,460

TAXES ON DOMESTIC GOODS AND SERVICES 13,611,207,806


Excises 3,267,650,740
Excise Duty 347,297,343
Petroleum Tax 2,920,353,397
o/w Energy Fund levy 31,410,000
o/w Road Fund levy 1,231,420,000
VAT 8,573,491,353
Domestic 3,536,521,353
External 5,036,970,000
National Health Insurance Levy (NHIL) 1,426,657,559
Customs Collection 837,240,000
Domestic Collection 589,417,559
Communication Service Tax 343,408,154

TAXES ON INTERNATIONAL TRADE 5,058,450,000


Imports 5,058,450,000
Import Duty 5,058,450,000
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 352,025,000


2017
23:34 Revised Proj
14 November 2017
SSNIT Contribution to NHIL 352,025,000

NON-TAX REVENUE 5,613,536,917


Retention 2,894,745,623
Lodgement 2,718,791,295
Fees & Charges 633,370,000
Dividend/Interest & Profits (Others) 344,000,000
Dividend/Interest & Profits from Oil 1,734,577,534
Surface Rentals from Oil/PHF Interest 6,843,760
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy

OTHER REVENUE 1,985,258,669


ESLA Proceeds 1,985,258,669
Energy Debt Recovery Levy 1,112,912,922
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 316,473,320

DOMESTIC REVENUE 39,739,073,904

GRANTS 1,515,187,333
Project Grants 1,515,187,333
Programme Grants 0

TOTAL REVENUE & GRANTS 41,254,261,237

Memorandum items
Taxes on Income and Property (% of GDP) 6.4
Non-oil Taxes on Income and Property (% of non-oil 6.3
Taxes on Goods and Services (% of GDP) 6.7
Taxes on International Trade (% of GDP) 2.5
Tax Revenue (% of GDP) 15.6
Non-Oil Tax Revenue (% of non-oil GDP) 15.9
Non-Tax Revenue (% of GDP) 2.8
Domestic Revenue (% of GDP) 19.5
Non-Oil Domestic Revenue 19.0
2017
23:34 Revised Proj
14 November 2017
Grants (% of GDP) 0.7
Total Revenue and Grants 20.2
Non-Oil Tax Revenue 30,959,353,699.5
Non-oil Taxes on Income and Property 12,289,695,893.3
Import Exemptions 998,042,119
Benchmark Oil Revenue 1,319,191,902
Nominal GDP 204,078,014,558
Non-Oil Nominal GDP 195,121,372,056
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 Jan.

TAX REVENUE 2,515,080,987

TAXES ON INCOME & PROPERTY 998,986,471


Personal 271,460,000
Self Employed 29,720,000
Companies 322,010,000
Company Taxes on Oil 115,656,046
Others 260,140,425
Other Direct Taxes 223,520,425
o/w Royalties from Oil 63,817,425
o/w Mineral Royalties 100,180,000
National Fiscal Stabilisation Levy 2,080,000
Airport Tax 34,540,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,043,488,510


Excises 250,989,451
Excise Duty 38,030,000
Petroleum Tax 212,959,451
o/w Energy Fund levy 590,000
o/w Road Fund levy 85,590,000
VAT 651,252,833
Domestic 289,420,000
External 361,832,833
National Health Insurance Levy (NHIL) 112,036,226
Customs Collection 62,592,661
Domestic Collection 49,443,566
Communication Service Tax 29,210,000

TAXES ON INTERNATIONAL TRADE 472,606,007


Imports 472,606,007
Import Duty 472,606,007
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 23,249,236


2017
23:34 Prog.
14 November 2017 Jan.
SSNIT Contribution to NHIL 23,249,236

NON-TAX REVENUE 492,824,655


Retention 274,239,791
Lodgement 218,584,865
Fees & Charges 45,293,919
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 173,222,498
Surface Rentals from Oil/PHF Interest 68,448
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 160,998,118


ESLA Proceeds 160,998,118
Energy Debt Recovery Levy 123,330,682
Public Lighting Levy 14,416,862
National Electrification Scheme Levy 9,073,821
Price Stabilisation & Recovery Levy 37,667,436

DOMESTIC REVENUE 3,192,152,997

GRANTS 88,743,270
Project Grants 88,743,270
Programme Grants 0

TOTAL REVENUE & GRANTS 3,280,896,267

Memorandum items
Taxes on Income and Property (% of GDP) 0.5
Non-oil Taxes on Income and Property (% of non-oil 0.4
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.2
Non-Oil Tax Revenue (% of non-oil GDP) 1.2
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.6
Non-Oil Domestic Revenue 1.5
2017
23:34 Prog.
14 November 2017 Jan.
Grants (% of GDP) 0.0
Total Revenue and Grants 1.6
Non-Oil Tax Revenue 2,335,607,516.4
Non-oil Taxes on Income and Property 819,513,000.0
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 224,136,991
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Jan.

TAX REVENUE 2,316,901,065

TAXES ON INCOME & PROPERTY 1,269,015,670


Personal 319,104,727
Self Employed 33,749,020
Companies 411,616,863
Company Taxes on Oil 115,656,046
Others 388,889,014
Other Direct Taxes 355,418,837
o/w Royalties from Oil 118,180,756
o/w Mineral Royalties 149,843,116
National Fiscal Stabilisation Levy 712,135
Airport Tax 32,758,041

TAXES ON DOMESTIC GOODS AND SERVICES 768,553,964


Excises 149,402,716
Excise Duty 25,242,875
Petroleum Tax 124,159,840
o/w Energy Fund levy 2,141,073
o/w Road Fund levy 85,391,173
VAT 491,374,829
Domestic 216,206,172
External 275,168,657
National Health Insurance Levy (NHIL) 87,476,998
Customs Collection 51,442,636
Domestic Collection 36,034,362
Communication Service Tax 40,299,422

TAXES ON INTERNATIONAL TRADE 279,331,431


Imports 279,331,431
Import Duty 279,331,431
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 0
2017
23:34 Prov.
14 November 2017 Jan.
SSNIT Contribution to NHIL 0

NON-TAX REVENUE 596,650,362


Retention 236,142,627
Lodgement 360,507,735
Fees & Charges 36,924,631
Dividend/Interest & Profits (Others) 2,673,023
Dividend/Interest & Profits from Oil 320,783,326
Surface Rentals from Oil/PHF Interest 126,755
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 123,369,327


ESLA Proceeds 123,369,327
Energy Debt Recovery Levy 103,045,768
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 20,323,559

DOMESTIC REVENUE 3,036,920,754

GRANTS 163,684,673
Project Grants 163,684,673
Programme Grants 0

TOTAL REVENUE & GRANTS 3,200,605,427

Memorandum items
Taxes on Income and Property (% of GDP) 0.6
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.4
Taxes on International Trade (% of GDP) 0.1
Tax Revenue (% of GDP) 1.1
Non-Oil Tax Revenue (% of non-oil GDP) 1.1
Non-Tax Revenue (% of GDP) 0.3
Domestic Revenue (% of GDP) 1.5
Non-Oil Domestic Revenue 1.3
2017
23:34 Prov.
14 November 2017 Jan.
Grants (% of GDP) 0.1
Total Revenue and Grants 1.6
Non-Oil Tax Revenue 2,083,064,262.8
Non-oil Taxes on Income and Property 1,035,178,867.5
Import Exemptions 193,613,999
Benchmark Oil Revenue 304,645,994
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 Feb

TAX REVENUE 2,095,491,177

TAXES ON INCOME & PROPERTY 708,030,000


Personal 366,450,000
Self Employed 23,790,000
Companies 262,390,000
Company Taxes on Oil 0
Others 55,400,000
Other Direct Taxes 25,740,000
o/w Royalties from Oil 0
o/w Mineral Royalties 13,060,000
National Fiscal Stabilisation Levy 1,700,000
Airport Tax 27,960,000

TAXES ON DOMESTIC GOODS AND SERVICES 956,578,126


Excises 258,118,872
Excise Duty 30,750,000
Petroleum Tax 227,368,872
o/w Energy Fund levy 2,590,000
o/w Road Fund levy 104,600,000
VAT 570,702,306
Domestic 257,070,000
External 313,632,306
National Health Insurance Levy (NHIL) 98,456,948
Customs Collection 54,503,382
Domestic Collection 43,953,566
Communication Service Tax 29,300,000

TAXES ON INTERNATIONAL TRADE 430,883,051


Imports 430,883,051
Import Duty 430,883,051
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 25,070,174


2017
23:34 Prog.
14 November 2017 Feb
SSNIT Contribution to NHIL 25,070,174

NON-TAX REVENUE 329,087,664


Retention 289,639,929
Lodgement 39,447,735
Fees & Charges 39,447,735
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 153,873,594


ESLA Proceeds 153,873,594
Energy Debt Recovery Levy 119,372,286
Public Lighting Levy 14,264,009
National Electrification Scheme Levy 9,758,277
Price Stabilisation & Recovery Levy 34,501,308

DOMESTIC REVENUE 2,603,522,609

GRANTS 115,942,558
Project Grants 115,942,558
Programme Grants 0

TOTAL REVENUE & GRANTS 2,719,465,166

Memorandum items
Taxes on Income and Property (% of GDP) 0.4
Non-oil Taxes on Income and Property (% of non-oil 0.4
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.0
Non-Oil Tax Revenue (% of non-oil GDP) 1.1
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.3
Non-Oil Domestic Revenue 1.3
2017
23:34 Prog.
14 November 2017 Feb
Grants (% of GDP) 0.1
Total Revenue and Grants 1.3
Non-Oil Tax Revenue 2,095,491,176.7
Non-oil Taxes on Income and Property 708,030,000.0
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Feb

TAX REVENUE 2,143,987,705

TAXES ON INCOME & PROPERTY 696,241,561


Personal 376,345,818
Self Employed 18,846,410
Companies 239,937,719
Company Taxes on Oil 0
Others 61,111,615
Other Direct Taxes 35,139,592
o/w Royalties from Oil 0
o/w Mineral Royalties 12,970,384
National Fiscal Stabilisation Levy 60,514
Airport Tax 25,911,509

TAXES ON DOMESTIC GOODS AND SERVICES 1,061,319,969


Excises 224,139,878
Excise Duty 29,702,032
Petroleum Tax 194,437,846
o/w Energy Fund levy 2,427,397
o/w Road Fund levy 96,472,407
VAT 711,941,738
Domestic 292,166,856
External 419,774,882
National Health Insurance Levy (NHIL) 107,390,522
Customs Collection 58,696,046
Domestic Collection 48,694,476
Communication Service Tax 17,847,832

TAXES ON INTERNATIONAL TRADE 386,426,175


Imports 386,426,175
Import Duty 386,426,175
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 0
2017
23:34 Prov.
14 November 2017 Feb
SSNIT Contribution to NHIL 0

NON-TAX REVENUE 277,932,944


Retention 247,113,453
Lodgement 30,819,491
Fees & Charges 30,819,491
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 145,962,697


ESLA Proceeds 145,962,697
Energy Debt Recovery Levy 112,004,690
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 33,958,007

DOMESTIC REVENUE 2,567,883,346

GRANTS 42,041,947
Project Grants 42,041,947
Programme Grants 0

TOTAL REVENUE & GRANTS 2,609,925,293

Memorandum items
Taxes on Income and Property (% of GDP) 0.3
Non-oil Taxes on Income and Property (% of non-oil 0.4
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.1
Non-Oil Tax Revenue (% of non-oil GDP) 1.1
Non-Tax Revenue (% of GDP) 0.1
Domestic Revenue (% of GDP) 1.3
Non-Oil Domestic Revenue 1.3
2017
23:34 Prov.
14 November 2017 Feb
Grants (% of GDP) 0.0
Total Revenue and Grants 1.3
Non-Oil Tax Revenue 2,143,987,704.9
Non-oil Taxes on Income and Property 696,241,560.9
Import Exemptions 180,587,512
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 Mar

TAX REVENUE 2,920,204,430

TAXES ON INCOME & PROPERTY 1,361,857,425


Personal 359,460,000
Self Employed 25,650,000
Companies 810,850,000
Company Taxes on Oil 0
Others 165,897,425
Other Direct Taxes 97,207,425
o/w Royalties from Oil 63,817,425
o/w Mineral Royalties 10,890,000
National Fiscal Stabilisation Levy 39,800,000
Airport Tax 28,890,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,033,276,806


Excises 234,663,827
Excise Duty 29,000,000
Petroleum Tax 205,663,827
o/w Energy Fund levy 2,550,000
o/w Road Fund levy 97,080,000
VAT 664,569,040
Domestic 281,200,000
External 383,369,040
National Health Insurance Levy (NHIL) 107,543,939
Customs Collection 59,570,373
Domestic Collection 47,973,566
Communication Service Tax 26,500,000

TAXES ON INTERNATIONAL TRADE 525,070,200


Imports 525,070,200
Import Duty 525,070,200
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 24,801,414


2017
23:34 Prog.
14 November 2017 Mar
SSNIT Contribution to NHIL 24,801,414

NON-TAX REVENUE 471,561,112


Retention 262,678,850
Lodgement 208,882,262
Fees & Charges 35,591,316
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 173,222,498
Surface Rentals from Oil/PHF Interest 68,448
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 167,499,002


ESLA Proceeds 167,499,002
Energy Debt Recovery Levy 133,911,633
Public Lighting Levy 15,598,042
National Electrification Scheme Levy 11,233,591
Price Stabilisation & Recovery Levy 33,587,369

DOMESTIC REVENUE 3,584,065,958

GRANTS 292,648,151
Project Grants 292,648,151
Programme Grants 0

TOTAL REVENUE & GRANTS 3,876,714,109

Memorandum items
Taxes on Income and Property (% of GDP) 0.7
Non-oil Taxes on Income and Property (% of non-oil 0.7
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.3
Tax Revenue (% of GDP) 1.4
Non-Oil Tax Revenue (% of non-oil GDP) 1.5
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.8
Non-Oil Domestic Revenue 1.7
2017
23:34 Prog.
14 November 2017 Mar
Grants (% of GDP) 0.1
Total Revenue and Grants 1.9
Non-Oil Tax Revenue 2,856,387,005.4
Non-oil Taxes on Income and Property 1,298,040,000.0
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 60,108,841
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Mar

TAX REVENUE 2,388,719,382

TAXES ON INCOME & PROPERTY 896,884,881


Personal 289,447,138
Self Employed 17,085,606
Companies 486,548,228
Company Taxes on Oil 0
Others 103,803,910
Other Direct Taxes 20,229,291
o/w Royalties from Oil 0
o/w Mineral Royalties 15,556,800
National Fiscal Stabilisation Levy 32,455,446
Airport Tax 51,119,173

TAXES ON DOMESTIC GOODS AND SERVICES 1,152,153,066


Excises 276,480,127
Excise Duty 27,057,693
Petroleum Tax 249,422,434
o/w Energy Fund levy 2,071,717
o/w Road Fund levy 82,251,942
VAT 732,174,051
Domestic 296,845,662
External 435,328,389
National Health Insurance Levy (NHIL) 111,338,337
Customs Collection 61,864,060
Domestic Collection 49,474,277
Communication Service Tax 32,160,552

TAXES ON INTERNATIONAL TRADE 339,681,434


Imports 339,681,434
Import Duty 339,681,434
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 0
2017
23:34 Prov.
14 November 2017 Mar
SSNIT Contribution to NHIL 0

NON-TAX REVENUE 275,344,177


Retention 226,752,264
Lodgement 48,591,913
Fees & Charges 48,591,913
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 155,188,719


ESLA Proceeds 155,188,719
Energy Debt Recovery Levy 100,798,719
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 54,390,000

DOMESTIC REVENUE 2,819,252,278

GRANTS 281,784,561
Project Grants 281,784,561
Programme Grants 0

TOTAL REVENUE & GRANTS 3,101,036,839

Memorandum items
Taxes on Income and Property (% of GDP) 0.4
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.6
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.2
Non-Oil Tax Revenue (% of non-oil GDP) 1.2
Non-Tax Revenue (% of GDP) 0.1
Domestic Revenue (% of GDP) 1.4
Non-Oil Domestic Revenue 1.4
2017
23:34 Prov.
14 November 2017 Mar
Grants (% of GDP) 0.1
Total Revenue and Grants 1.5
Non-Oil Tax Revenue 2,388,719,381.8
Non-oil Taxes on Income and Property 896,884,881.4
Import Exemptions 269,864,639
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 Q1

TAX REVENUE 7,530,776,594

TAXES ON INCOME & PROPERTY 3,068,873,896


Personal 997,370,000
Self Employed 79,160,000
Companies 1,395,250,000
Company Taxes on Oil 115,656,046
Others 481,437,850
Other Direct Taxes 346,467,850
o/w Royalties from Oil 127,634,850
o/w Mineral Royalties 124,130,000
National Fiscal Stabilisation Levy 43,580,000
Airport Tax 91,390,000

TAXES ON DOMESTIC GOODS AND SERVICES 3,033,343,442


Excises 743,772,150
Excise Duty 97,780,000
Petroleum Tax 645,992,150
o/w Energy Fund levy 5,730,000
o/w Road Fund levy 287,270,000
VAT 1,886,524,178
Domestic 827,690,000
External 1,058,834,178
National Health Insurance Levy (NHIL) 318,037,113
Customs Collection 176,666,416
Domestic Collection 141,370,697
Communication Service Tax 85,010,000

TAXES ON INTERNATIONAL TRADE 1,428,559,257


Imports 1,428,559,257
Import Duty 1,428,559,257
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 73,120,825


2017
23:34 Prog.
14 November 2017 Q1
SSNIT Contribution to NHIL 73,120,825

NON-TAX REVENUE 1,293,473,431


Retention 826,558,569
Lodgement 466,914,862
Fees & Charges 120,332,970
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 346,444,996
Surface Rentals from Oil/PHF Interest 136,895
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 482,370,713


ESLA Proceeds 482,370,713
Energy Debt Recovery Levy 376,614,601
Public Lighting Levy 44,278,913
National Electrification Scheme Levy 30,065,689
Price Stabilisation & Recovery Levy 105,756,112

DOMESTIC REVENUE 9,379,741,564

GRANTS 497,333,979
Project Grants 497,333,979
Programme Grants 0

TOTAL REVENUE & GRANTS 9,877,075,542

Memorandum items
Taxes on Income and Property (% of GDP) 1.5
Non-oil Taxes on Income and Property (% of non-oil 1.4
Taxes on Goods and Services (% of GDP) 1.5
Taxes on International Trade (% of GDP) 0.7
Tax Revenue (% of GDP) 3.7
Non-Oil Tax Revenue (% of non-oil GDP) 3.7
Non-Tax Revenue (% of GDP) 0.6
Domestic Revenue (% of GDP) 4.6
Non-Oil Domestic Revenue 4.5
2017
23:34 Prog.
14 November 2017 Q1
Grants (% of GDP) 0.2
Total Revenue and Grants 4.9
Non-Oil Tax Revenue 7,287,485,698.5
Non-oil Taxes on Income and Property 2,825,583,000.0
Import Exemptions 335,425,000
Benchmark Oil Revenue 284,245,832
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Q1

TAX REVENUE 6,849,608,152

TAXES ON INCOME & PROPERTY 2,862,142,112


Personal 984,897,683
Self Employed 69,681,035
Companies 1,138,102,810
Company Taxes on Oil 115,656,046
Others 553,804,538
Other Direct Taxes 410,787,720
o/w Royalties from Oil 118,180,756
o/w Mineral Royalties 178,370,301
National Fiscal Stabilisation Levy 33,228,096
Airport Tax 109,788,723

TAXES ON DOMESTIC GOODS AND SERVICES 2,982,027,000


Excises 650,022,720
Excise Duty 82,002,600
Petroleum Tax 568,020,121
o/w Energy Fund levy 6,640,188
o/w Road Fund levy 264,115,522
VAT 1,935,490,617
Domestic 805,218,689
External 1,130,271,928
National Health Insurance Levy (NHIL) 306,205,857
Customs Collection 172,002,742
Domestic Collection 134,203,115
Communication Service Tax 90,307,805

TAXES ON INTERNATIONAL TRADE 1,005,439,040


Imports 1,005,439,040
Import Duty 1,005,439,040
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 0
2017
23:34 Prov.
14 November 2017 Q1
SSNIT Contribution to NHIL 0

NON-TAX REVENUE 1,149,927,483


Retention 710,008,344
Lodgement 439,919,139
Fees & Charges 116,336,035
Dividend/Interest & Profits (Others) 2,673,023
Dividend/Interest & Profits from Oil 320,783,326
Surface Rentals from Oil/PHF Interest 126,755
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 424,520,744


ESLA Proceeds 424,520,744
Energy Debt Recovery Levy 315,849,178
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 108,671,566

DOMESTIC REVENUE 8,424,056,378

GRANTS 487,511,180
Project Grants 487,511,180
Programme Grants 0

TOTAL REVENUE & GRANTS 8,911,567,558

Memorandum items
Taxes on Income and Property (% of GDP) 1.4
Non-oil Taxes on Income and Property (% of non-oil 1.3
Taxes on Goods and Services (% of GDP) 1.5
Taxes on International Trade (% of GDP) 0.5
Tax Revenue (% of GDP) 3.4
Non-Oil Tax Revenue (% of non-oil GDP) 3.4
Non-Tax Revenue (% of GDP) 0.6
Domestic Revenue (% of GDP) 4.2
Non-Oil Domestic Revenue 4.0
2017
23:34 Prov.
14 November 2017 Q1
Grants (% of GDP) 0.2
Total Revenue and Grants 4.4
Non-Oil Tax Revenue 6,615,771,349.5
Non-oil Taxes on Income and Property 2,628,305,309.9
Import Exemptions 644,066,150
Benchmark Oil Revenue 304,645,994
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 Apr

TAX REVENUE 2,614,903,212

TAXES ON INCOME & PROPERTY 980,282,337


Personal 359,750,000
Self Employed 28,500,000
Companies 315,230,000
Company Taxes on Oil 0
Others 276,802,337
Other Direct Taxes 248,602,337
o/w Royalties from Oil 95,851,407
o/w Mineral Royalties 130,250,929
National Fiscal Stabilisation Levy 5,900,000
Airport Tax 22,300,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,117,733,345


Excises 266,652,179
Excise Duty 29,100,000
Petroleum Tax 237,552,179
o/w Energy Fund levy 2,690,000
o/w Road Fund levy 107,160,000
VAT 707,669,465
Domestic 322,170,000
External 385,499,465
National Health Insurance Levy (NHIL) 115,611,701
Customs Collection 60,808,135
Domestic Collection 54,803,566
Communication Service Tax 27,800,000

TAXES ON INTERNATIONAL TRADE 516,887,530


Imports 516,887,530
Import Duty 516,887,530
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 24,801,414


2017
23:34 Prog.
14 November 2017 Apr
SSNIT Contribution to NHIL 24,801,414

NON-TAX REVENUE 547,213,602


Retention 257,031,909
Lodgement 290,181,693
Fees & Charges 43,218,332
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 245,286,644
Surface Rentals from Oil/PHF Interest 1,676,716
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 175,744,891


ESLA Proceeds 175,744,891
Energy Debt Recovery Levy 144,201,058
Public Lighting Levy 15,615,890
National Electrification Scheme Levy 11,225,169
Price Stabilisation & Recovery Levy 31,543,832

DOMESTIC REVENUE 3,362,663,119

GRANTS 141,205,495
Project Grants 141,205,495
Programme Grants 0

TOTAL REVENUE & GRANTS 3,503,868,614

Memorandum items
Taxes on Income and Property (% of GDP) 0.5
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.6
Taxes on International Trade (% of GDP) 0.3
Tax Revenue (% of GDP) 1.3
Non-Oil Tax Revenue (% of non-oil GDP) 1.3
Non-Tax Revenue (% of GDP) 0.3
Domestic Revenue (% of GDP) 1.7
Non-Oil Domestic Revenue 1.5
2017
23:34 Prog.
14 November 2017 Apr
Grants (% of GDP) 0.1
Total Revenue and Grants 1.7
Non-Oil Tax Revenue 2,519,051,804.9
Non-oil Taxes on Income and Property 884,430,929.3
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 192,523,607
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Apr

TAX REVENUE 2,105,310,896

TAXES ON INCOME & PROPERTY 893,027,720


Personal 376,190,966
Self Employed 25,205,575
Companies 322,710,669
Company Taxes on Oil 0
Others 168,920,510
Other Direct Taxes 134,706,661
o/w Royalties from Oil 0
o/w Mineral Royalties 120,995,457
National Fiscal Stabilisation Levy 5,241,077
Airport Tax 28,972,771

TAXES ON DOMESTIC GOODS AND SERVICES 901,701,066


Excises 161,194,784
Excise Duty 28,138,617
Petroleum Tax 133,056,167
o/w Energy Fund levy 4,062,696
o/w Road Fund levy 90,951,369
VAT 625,061,974
Domestic 281,181,588
External 343,880,385
National Health Insurance Levy (NHIL) 95,031,698
Customs Collection 48,168,099
Domestic Collection 46,863,598
Communication Service Tax 20,412,611

TAXES ON INTERNATIONAL TRADE 310,582,110


Imports 310,582,110
Import Duty 310,582,110
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 28,885,312


2017
23:34 Prov.
14 November 2017 Apr
SSNIT Contribution to NHIL 28,885,312

NON-TAX REVENUE 292,489,382


Retention 223,512,842
Lodgement 68,976,540
Fees & Charges 25,182,649
Dividend/Interest & Profits (Others) 43,793,891
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 136,106,983


ESLA Proceeds 136,106,983
Energy Debt Recovery Levy 106,049,398
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 30,057,586

DOMESTIC REVENUE 2,562,792,574

GRANTS 14,961,313
Project Grants 14,961,313
Programme Grants 0

TOTAL REVENUE & GRANTS 2,577,753,887

Memorandum items
Taxes on Income and Property (% of GDP) 0.4
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.4
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.0
Non-Oil Tax Revenue (% of non-oil GDP) 1.1
Non-Tax Revenue (% of GDP) 0.1
Domestic Revenue (% of GDP) 1.3
Non-Oil Domestic Revenue 1.3
2017
23:34 Prov.
14 November 2017 Apr
Grants (% of GDP) 0.0
Total Revenue and Grants 1.3
Non-Oil Tax Revenue 2,105,310,896.3
Non-oil Taxes on Income and Property 893,027,720.2
Import Exemptions 37,797,931
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 May

TAX REVENUE 2,588,432,768

TAXES ON INCOME & PROPERTY 869,032,164


Personal 361,670,000
Self Employed 28,780,000
Companies 320,450,000
Company Taxes on Oil 0
Others 158,132,164
Other Direct Taxes 128,932,164
o/w Royalties from Oil 95,851,407
o/w Mineral Royalties 11,230,757
National Fiscal Stabilisation Levy 5,600,000
Airport Tax 23,600,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,161,955,458


Excises 291,028,479
Excise Duty 30,100,000
Petroleum Tax 260,928,479
o/w Energy Fund levy 2,800,000
o/w Road Fund levy 121,070,000
VAT 726,789,766
Domestic 323,370,000
External 403,419,766
National Health Insurance Levy (NHIL) 118,187,213
Customs Collection 63,183,647
Domestic Collection 55,003,566
Communication Service Tax 25,950,000

TAXES ON INTERNATIONAL TRADE 557,445,146


Imports 557,445,146
Import Duty 557,445,146
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 24,801,414


2017
23:34 Prog.
14 November 2017 May
SSNIT Contribution to NHIL 24,801,414

NON-TAX REVENUE 553,041,385


Retention 259,019,735
Lodgement 294,021,650
Fees & Charges 40,871,771
Dividend/Interest & Profits (Others) 6,186,518
Dividend/Interest & Profits from Oil 245,286,644
Surface Rentals from Oil/PHF Interest 1,676,716
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 182,997,099


ESLA Proceeds 182,997,099
Energy Debt Recovery Levy 149,530,694
Public Lighting Levy 15,579,121
National Electrification Scheme Levy 11,821,573
Price Stabilisation & Recovery Levy 33,466,404

DOMESTIC REVENUE 3,349,272,666

GRANTS 114,643,053
Project Grants 114,643,053
Programme Grants 0

TOTAL REVENUE & GRANTS 3,463,915,720

Memorandum items
Taxes on Income and Property (% of GDP) 0.4
Non-oil Taxes on Income and Property (% of non-oil 0.4
Taxes on Goods and Services (% of GDP) 0.6
Taxes on International Trade (% of GDP) 0.3
Tax Revenue (% of GDP) 1.3
Non-Oil Tax Revenue (% of non-oil GDP) 1.3
Non-Tax Revenue (% of GDP) 0.3
Domestic Revenue (% of GDP) 1.7
Non-Oil Domestic Revenue 1.5
2017
23:34 Prog.
14 November 2017 May
Grants (% of GDP) 0.1
Total Revenue and Grants 1.7
Non-Oil Tax Revenue 2,492,581,360.6
Non-oil Taxes on Income and Property 773,180,756.7
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 194,516,969
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 May

TAX REVENUE 2,586,737,992

TAXES ON INCOME & PROPERTY 1,005,057,243


Personal 512,611,794
Self Employed 32,794,687
Companies 304,103,080
Company Taxes on Oil 0
Others 155,547,683
Other Direct Taxes 122,605,316
o/w Royalties from Oil 54,039,963
o/w Mineral Royalties 18,336,264
National Fiscal Stabilisation Levy 3,298,402
Airport Tax 29,643,965

TAXES ON DOMESTIC GOODS AND SERVICES 1,150,346,422


Excises 237,740,601
Excise Duty 35,593,523
Petroleum Tax 202,147,078
o/w Energy Fund levy 1,638,275
o/w Road Fund levy 79,085,790
VAT 768,141,973
Domestic 329,674,513
External 438,467,461
National Health Insurance Levy (NHIL) 118,821,371
Customs Collection 63,875,618
Domestic Collection 54,945,752
Communication Service Tax 25,642,478

TAXES ON INTERNATIONAL TRADE 431,334,326


Imports 431,334,326
Import Duty 431,334,326
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 40,713,217


2017
23:34 Prov.
14 November 2017 May
SSNIT Contribution to NHIL 40,713,217

NON-TAX REVENUE 445,920,811


Retention 233,814,693
Lodgement 212,106,119
Fees & Charges 58,092,223
Dividend/Interest & Profits (Others) 0
Dividend/Interest & Profits from Oil 154,013,895
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 125,509,573


ESLA Proceeds 125,509,573
Energy Debt Recovery Levy 95,356,826
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 30,152,747

DOMESTIC REVENUE 3,198,881,592

GRANTS 40,472,912
Project Grants 40,472,912
Programme Grants 0

TOTAL REVENUE & GRANTS 3,239,354,505

Memorandum items
Taxes on Income and Property (% of GDP) 0.5
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.6
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.3
Non-Oil Tax Revenue (% of non-oil GDP) 1.3
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.6
Non-Oil Domestic Revenue 1.5
2017
23:34 Prov.
14 November 2017 May
Grants (% of GDP) 0.0
Total Revenue and Grants 1.6
Non-Oil Tax Revenue 2,532,698,028.3
Non-oil Taxes on Income and Property 951,017,279.8
Import Exemptions 143,510,237
Benchmark Oil Revenue 118,725,799
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 June

TAX REVENUE 3,131,073,935

TAXES ON INCOME & PROPERTY 1,347,892,216


Personal 387,450,000
Self Employed 30,250,000
Companies 835,244,000
Company Taxes on Oil 0
Others 94,948,216
Other Direct Taxes 36,048,216
o/w Royalties from Oil 0
o/w Mineral Royalties 14,488,216
National Fiscal Stabilisation Levy 34,800,000
Airport Tax 24,100,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,184,297,561


Excises 264,981,941
Excise Duty 30,500,000
Petroleum Tax 234,481,941
o/w Energy Fund levy 2,610,000
o/w Road Fund levy 113,150,000
VAT 770,513,199
Domestic 324,070,000
External 446,443,199
National Health Insurance Levy (NHIL) 124,702,421
Customs Collection 69,588,855
Domestic Collection 55,113,566
Communication Service Tax 24,100,000

TAXES ON INTERNATIONAL TRADE 598,884,158


Imports 598,884,158
Import Duty 598,884,158
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 24,801,414


2017
23:34 Prog.
14 November 2017 June
SSNIT Contribution to NHIL 24,801,414

NON-TAX REVENUE 329,612,235


Retention 271,435,334
Lodgement 58,176,901
Fees & Charges 50,528,675
Dividend/Interest & Profits (Others) 7,648,227
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 177,497,555


ESLA Proceeds 177,497,555
Energy Debt Recovery Levy 145,051,167
Public Lighting Levy 15,613,331
National Electrification Scheme Levy 12,577,836
Price Stabilisation & Recovery Levy 32,446,388

DOMESTIC REVENUE 3,662,985,139

GRANTS 145,055,827
Project Grants 145,055,827
Programme Grants 0

TOTAL REVENUE & GRANTS 3,808,040,965

Memorandum items
Taxes on Income and Property (% of GDP) 0.7
Non-oil Taxes on Income and Property (% of non-oil 0.7
Taxes on Goods and Services (% of GDP) 0.6
Taxes on International Trade (% of GDP) 0.3
Tax Revenue (% of GDP) 1.5
Non-Oil Tax Revenue (% of non-oil GDP) 1.6
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.8
Non-Oil Domestic Revenue 1.9
2017
23:34 Prog.
14 November 2017 June
Grants (% of GDP) 0.1
Total Revenue and Grants 1.9
Non-Oil Tax Revenue 3,131,073,934.7
Non-oil Taxes on Income and Property 1,347,892,215.7
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Jun

TAX REVENUE 2,589,006,475

TAXES ON INCOME & PROPERTY 1,026,450,741


Personal 306,410,852
Self Employed 20,321,835
Companies 558,874,024
Company Taxes on Oil 0
Others 140,844,029
Other Direct Taxes 90,479,642
o/w Royalties from Oil 55,066,667
o/w Mineral Royalties 17,384,873
National Fiscal Stabilisation Levy 24,975,430
Airport Tax 25,388,957

TAXES ON DOMESTIC GOODS AND SERVICES 1,082,025,539


Excises 190,385,922
Excise Duty 30,110,669
Petroleum Tax 160,275,252
o/w Energy Fund levy 2,273,480
o/w Road Fund levy 89,989,177
VAT 750,440,090
Domestic 281,637,931
External 468,802,159
National Health Insurance Levy (NHIL) 118,847,682
Customs Collection 71,908,027
Domestic Collection 46,939,655
Communication Service Tax 22,351,845

TAXES ON INTERNATIONAL TRADE 480,530,196


Imports 480,530,196
Import Duty 480,530,196
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 160,003,769


2017
23:34 Prov.
14 November 2017 Jun
SSNIT Contribution to NHIL 160,003,769

NON-TAX REVENUE 423,969,324


Retention 242,058,129
Lodgement 181,911,194
Fees & Charges 34,464,113
Dividend/Interest & Profits (Others) 3,500,000
Dividend/Interest & Profits from Oil 142,719,509
Surface Rentals from Oil/PHF Interest 1,227,572
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 122,259,429


ESLA Proceeds 122,259,429
Energy Debt Recovery Levy 98,736,496
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 23,522,933

DOMESTIC REVENUE 3,295,238,997

GRANTS 235,593,168
Project Grants 235,593,168
Programme Grants 0

TOTAL REVENUE & GRANTS 3,530,832,165

Memorandum items
Taxes on Income and Property (% of GDP) 0.5
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.3
Non-Oil Tax Revenue (% of non-oil GDP) 1.3
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.6
Non-Oil Domestic Revenue 1.6
2017
23:34 Prov.
14 November 2017 Jun
Grants (% of GDP) 0.1
Total Revenue and Grants 1.7
Non-Oil Tax Revenue 2,533,939,808.9
Non-oil Taxes on Income and Property 971,384,074.0
Import Exemptions 209,175,053
Benchmark Oil Revenue 102,146,080
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 Q2

TAX REVENUE 8,334,409,915

TAXES ON INCOME & PROPERTY 3,197,206,716


Personal 1,108,870,000
Self Employed 87,530,000
Companies 1,470,924,000
Company Taxes on Oil 0
Others 529,882,716
Other Direct Taxes 413,582,716
o/w Royalties from Oil 191,702,815
o/w Mineral Royalties 155,969,902
National Fiscal Stabilisation Levy 46,300,000
Airport Tax 70,000,000

TAXES ON DOMESTIC GOODS AND SERVICES 3,463,986,364


Excises 822,662,599
Excise Duty 89,700,000
Petroleum Tax 732,962,599
o/w Energy Fund levy 8,100,000
o/w Road Fund levy 341,380,000
VAT 2,204,972,431
Domestic 969,610,000
External 1,235,362,431
National Health Insurance Levy (NHIL) 358,501,334
Customs Collection 193,580,637
Domestic Collection 164,920,697
Communication Service Tax 77,850,000

TAXES ON INTERNATIONAL TRADE 1,673,216,835


Imports 1,673,216,835
Import Duty 1,673,216,835
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 74,404,243


2017
23:34 Prog.
14 November 2017 Q2
SSNIT Contribution to NHIL 74,404,243

NON-TAX REVENUE 1,429,867,223


Retention 787,486,978
Lodgement 642,380,245
Fees & Charges 134,618,778
Dividend/Interest & Profits (Others) 13,834,745
Dividend/Interest & Profits from Oil 490,573,289
Surface Rentals from Oil/PHF Interest 3,353,433
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 536,239,544


ESLA Proceeds 536,239,544
Energy Debt Recovery Levy 438,782,920
Public Lighting Levy 46,808,341
National Electrification Scheme Levy 35,624,578
Price Stabilisation & Recovery Levy 97,456,624

DOMESTIC REVENUE 10,374,920,924

GRANTS 400,904,375
Project Grants 400,904,375
Programme Grants 0

TOTAL REVENUE & GRANTS 10,775,825,299

Memorandum items
Taxes on Income and Property (% of GDP) 1.6
Non-oil Taxes on Income and Property (% of non-oil 1.5
Taxes on Goods and Services (% of GDP) 1.7
Taxes on International Trade (% of GDP) 0.8
Tax Revenue (% of GDP) 4.1
Non-Oil Tax Revenue (% of non-oil GDP) 4.2
Non-Tax Revenue (% of GDP) 0.7
Domestic Revenue (% of GDP) 5.1
Non-Oil Domestic Revenue 5.0
2017
23:34 Prog.
14 November 2017 Q2
Grants (% of GDP) 0.2
Total Revenue and Grants 5.3
Non-Oil Tax Revenue 8,142,707,100.2
Non-oil Taxes on Income and Property 3,005,503,901.7
Import Exemptions 335,425,000
Benchmark Oil Revenue 387,040,576
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Q2

TAX REVENUE 7,281,055,363

TAXES ON INCOME & PROPERTY 2,924,535,704


Personal 1,195,213,612
Self Employed 78,322,097
Companies 1,185,687,773
Company Taxes on Oil 0
Others 465,312,223
Other Direct Taxes 347,791,620
o/w Royalties from Oil 109,106,630
o/w Mineral Royalties 156,716,594
National Fiscal Stabilisation Levy 33,514,910
Airport Tax 84,005,693

TAXES ON DOMESTIC GOODS AND SERVICES 3,134,073,027


Excises 589,321,306
Excise Duty 93,842,809
Petroleum Tax 495,478,497
o/w Energy Fund levy 7,974,451
o/w Road Fund levy 260,026,336
VAT 2,143,644,037
Domestic 892,494,032
External 1,251,150,006
National Health Insurance Levy (NHIL) 332,700,750
Customs Collection 183,951,745
Domestic Collection 148,749,005
Communication Service Tax 68,406,933

TAXES ON INTERNATIONAL TRADE 1,222,446,633


Imports 1,222,446,633
Import Duty 1,222,446,633
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 229,602,298


2017
23:34 Prov.
14 November 2017 Q2
SSNIT Contribution to NHIL 229,602,298

NON-TAX REVENUE 1,162,379,517


Retention 699,385,664
Lodgement 462,993,852
Fees & Charges 117,738,985
Dividend/Interest & Profits (Others) 47,293,891
Dividend/Interest & Profits from Oil 296,733,405
Surface Rentals from Oil/PHF Interest 1,227,572
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 383,875,985


ESLA Proceeds 383,875,985
Energy Debt Recovery Levy 300,142,720
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 83,733,266

DOMESTIC REVENUE 9,056,913,163

GRANTS 291,027,393
Project Grants 291,027,393
Programme Grants 0

TOTAL REVENUE & GRANTS 9,347,940,556

Memorandum items
Taxes on Income and Property (% of GDP) 1.4
Non-oil Taxes on Income and Property (% of non-oil 1.4
Taxes on Goods and Services (% of GDP) 1.6
Taxes on International Trade (% of GDP) 0.6
Tax Revenue (% of GDP) 3.6
Non-Oil Tax Revenue (% of non-oil GDP) 3.7
Non-Tax Revenue (% of GDP) 0.6
Domestic Revenue (% of GDP) 4.5
Non-Oil Domestic Revenue 4.4
2017
23:34 Prov.
14 November 2017 Q2
Grants (% of GDP) 0.1
Total Revenue and Grants 4.6
Non-Oil Tax Revenue 7,171,948,733.5
Non-oil Taxes on Income and Property 2,815,429,074.0
Import Exemptions 390,483,220
Benchmark Oil Revenue 220,871,879
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 Q1+Q2

TAX REVENUE 15,865,186,509

TAXES ON INCOME & PROPERTY 6,266,080,612


Personal 2,106,240,000
Self Employed 166,690,000
Companies 2,866,174,000
Company Taxes on Oil 115,656,046
Others 1,011,320,566
Other Direct Taxes 760,050,566
o/w Royalties from Oil 319,337,665
o/w Mineral Royalties 280,099,902
National Fiscal Stabilisation Levy 89,880,000
Airport Tax 161,390,000

TAXES ON DOMESTIC GOODS AND SERVICES 6,497,329,805


Excises 1,566,434,749
Excise Duty 187,480,000
Petroleum Tax 1,378,954,749
o/w Energy Fund levy 13,830,000
o/w Road Fund levy 628,650,000
VAT 4,091,496,609
Domestic 1,797,300,000
External 2,294,196,609
National Health Insurance Levy (NHIL) 676,538,448
Customs Collection 370,247,053
Domestic Collection 306,291,394
Communication Service Tax 162,860,000

TAXES ON INTERNATIONAL TRADE 3,101,776,092


Imports 3,101,776,092
Import Duty 3,101,776,092
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 147,525,068


2017
23:34 Prog.
14 November 2017 Q1+Q2
SSNIT Contribution to NHIL 147,525,068

NON-TAX REVENUE 2,723,340,653


Retention 1,614,045,547
Lodgement 1,109,295,106
Fees & Charges 254,951,749
Dividend/Interest & Profits (Others) 13,834,745
Dividend/Interest & Profits from Oil 837,018,285
Surface Rentals from Oil/PHF Interest 3,490,328
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 1,018,610,257


ESLA Proceeds 1,018,610,257
Energy Debt Recovery Levy 815,397,521
Public Lighting Levy 91,087,254
National Electrification Scheme Levy 65,690,267
Price Stabilisation & Recovery Levy 203,212,737

DOMESTIC REVENUE 19,754,662,488

GRANTS 898,238,353
Project Grants 898,238,353
Programme Grants 0

TOTAL REVENUE & GRANTS 20,652,900,841

Memorandum items
Taxes on Income and Property (% of GDP) 3.1
Non-oil Taxes on Income and Property (% of non-oil 3.0
Taxes on Goods and Services (% of GDP) 3.2
Taxes on International Trade (% of GDP) 1.5
Tax Revenue (% of GDP) 7.9
Non-Oil Tax Revenue (% of non-oil GDP) 7.9
Non-Tax Revenue (% of GDP) 1.3
Domestic Revenue (% of GDP) 9.8
Non-Oil Domestic Revenue 9.5
2017
23:34 Prog.
14 November 2017 Q1+Q2
Grants (% of GDP) 0.4
Total Revenue and Grants 10.2
Non-Oil Tax Revenue 15,430,192,798.8
Non-oil Taxes on Income and Property 5,831,086,901.7
Import Exemptions 670,850,000
Benchmark Oil Revenue 671,286,408
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Q1+Q2

TAX REVENUE 14,130,663,515

TAXES ON INCOME & PROPERTY 5,786,677,816


Personal 2,180,111,295
Self Employed 148,003,131
Companies 2,323,790,583
Company Taxes on Oil 115,656,046
Others 1,019,116,761
Other Direct Taxes 758,579,339
o/w Royalties from Oil 227,287,386
o/w Mineral Royalties 335,086,894
National Fiscal Stabilisation Levy 66,743,005
Airport Tax 193,794,416

TAXES ON DOMESTIC GOODS AND SERVICES 6,116,100,027


Excises 1,239,344,027
Excise Duty 175,845,409
Petroleum Tax 1,063,498,618
o/w Energy Fund levy 14,614,639
o/w Road Fund levy 524,141,858
VAT 4,079,134,655
Domestic 1,697,712,721
External 2,381,421,934
National Health Insurance Levy (NHIL) 638,906,607
Customs Collection 355,954,486
Domestic Collection 282,952,120
Communication Service Tax 158,714,739

TAXES ON INTERNATIONAL TRADE 2,227,885,673


Imports 2,227,885,673
Import Duty 2,227,885,673
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 229,602,298


2017
23:34 Prov.
14 November 2017 Q1+Q2
SSNIT Contribution to NHIL 229,602,298

NON-TAX REVENUE 2,312,306,999


Retention 1,409,394,008
Lodgement 902,912,991
Fees & Charges 234,075,019
Dividend/Interest & Profits (Others) 49,966,914
Dividend/Interest & Profits from Oil 617,516,731
Surface Rentals from Oil/PHF Interest 1,354,327
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0
-20.6%
OTHER REVENUE 808,396,730
ESLA Proceeds 808,396,730
Energy Debt Recovery Levy 615,991,898
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 192,404,832

DOMESTIC REVENUE 17,480,969,542

GRANTS 778,538,573
Project Grants 778,538,573
Programme Grants 0

TOTAL REVENUE & GRANTS 18,259,508,115

Memorandum items
Taxes on Income and Property (% of GDP) 2.9
Non-oil Taxes on Income and Property (% of non-oil 2.8
Taxes on Goods and Services (% of GDP) 3.0
Taxes on International Trade (% of GDP) 1.1
Tax Revenue (% of GDP) 7.0
Non-Oil Tax Revenue (% of non-oil GDP) 7.1
Non-Tax Revenue (% of GDP) 1.1
Domestic Revenue (% of GDP) 8.7
Non-Oil Domestic Revenue 8.5
2017
23:34 Prov.
14 November 2017 Q1+Q2
Grants (% of GDP) 0.4
Total Revenue and Grants 9.0
Non-Oil Tax Revenue 13,787,720,083.1
Non-oil Taxes on Income and Property 5,443,734,383.9
Import Exemptions 1,034,549,371
Benchmark Oil Revenue 525,517,873
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 July

TAX REVENUE 2,703,486,360

TAXES ON INCOME & PROPERTY 952,478,641


Personal 389,780,000
Self Employed 29,450,000
Companies 350,250,000
Company Taxes on Oil 0
Others 182,998,641
Other Direct Taxes 153,698,641
o/w Royalties from Oil 0
o/w Mineral Royalties 131,708,641
National Fiscal Stabilisation Levy 6,100,000
Airport Tax 23,200,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,163,638,465


Excises 280,319,797
Excise Duty 31,500,000
Petroleum Tax 248,819,797
o/w Energy Fund levy 2,880,000
o/w Road Fund levy 114,100,000
VAT 732,161,814
Domestic 325,770,000
External 406,391,814
National Health Insurance Levy (NHIL) 125,056,854
Customs Collection 69,653,288
Domestic Collection 55,403,566
Communication Service Tax 26,100,000

TAXES ON INTERNATIONAL TRADE 587,369,255


Imports 587,369,255
Import Duty 587,369,255
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 24,801,414


2017
23:34 Prog.
14 November 2017 July
SSNIT Contribution to NHIL 24,801,414

NON-TAX REVENUE 334,122,928


Retention 267,617,823
Lodgement 66,505,105
Fees & Charges 57,762,011
Dividend/Interest & Profits (Others) 8,743,094
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 180,443,720


ESLA Proceeds 180,443,720
Energy Debt Recovery Levy 148,993,403
Public Lighting Levy 15,602,673
National Electrification Scheme Levy 12,570,731
Price Stabilisation & Recovery Levy 31,450,316

DOMESTIC REVENUE 3,242,854,422

GRANTS 143,991,854
Project Grants 127,659,712
Programme Grants 16,332,143

TOTAL REVENUE & GRANTS 3,386,846,276

Memorandum items
Taxes on Income and Property (% of GDP) 0.5
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.6
Taxes on International Trade (% of GDP) 0.3
Tax Revenue (% of GDP) 1.3
Non-Oil Tax Revenue (% of non-oil GDP) 1.4
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.6
Non-Oil Domestic Revenue 1.7
2017
23:34 Prog.
14 November 2017 July
Grants (% of GDP) 0.1
Total Revenue and Grants 1.7
Non-Oil Tax Revenue 2,703,486,359.9
Non-oil Taxes on Income and Property 952,478,640.5
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 July

TAX REVENUE 2,749,822,906

TAXES ON INCOME & PROPERTY 1,220,524,639


Personal 455,341,161
Self Employed 33,829,645
Companies 378,721,950
Company Taxes on Oil 96,455,644
Others 256,176,239
Other Direct Taxes 214,925,781
o/w Royalties from Oil 51,274,111
o/w Mineral Royalties 126,216,217
National Fiscal Stabilisation Levy 9,341,472
Airport Tax 31,908,986

TAXES ON DOMESTIC GOODS AND SERVICES 1,092,651,311


Excises 213,303,596
Excise Duty 25,878,895
Petroleum Tax 187,424,702
o/w Energy Fund levy 2,512,095
o/w Road Fund levy 99,737,043
VAT 739,102,338
Domestic 291,003,175
External 448,099,163
National Health Insurance Levy (NHIL) 113,832,949
Customs Collection 65,332,491
Domestic Collection 48,500,458
Communication Service Tax 26,412,427

TAXES ON INTERNATIONAL TRADE 436,646,956


Imports 436,646,956
Import Duty 436,646,956
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 0
2017
23:34 Prov.
14 November 2017 July
SSNIT Contribution to NHIL 0

NON-TAX REVENUE 456,963,573


Retention 235,934,841
Lodgement 221,028,733
Fees & Charges 49,691,472
Dividend/Interest & Profits (Others) 24,327,037
Dividend/Interest & Profits from Oil 146,131,216
Surface Rentals from Oil/PHF Interest 879,008
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 131,821,476


ESLA Proceeds 131,821,476
Energy Debt Recovery Levy 109,346,397
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 22,475,079

DOMESTIC REVENUE 3,338,607,956

GRANTS 146,701,698
Project Grants 146,701,698
Programme Grants 0

TOTAL REVENUE & GRANTS 3,485,309,653

Memorandum items
Taxes on Income and Property (% of GDP) 0.6
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.4
Non-Oil Tax Revenue (% of non-oil GDP) 1.3
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.7
Non-Oil Domestic Revenue 1.6
2017
23:34 Prov.
14 November 2017 July
Grants (% of GDP) 0.1
Total Revenue and Grants 1.7
Non-Oil Tax Revenue 2,602,093,151.8
Non-oil Taxes on Income and Property 1,072,794,884.5
Import Exemptions 74,780,000
Benchmark Oil Revenue 194,689,923
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog.
14 November 2017 August

TAX REVENUE 2,501,507,234

TAXES ON INCOME & PROPERTY 873,746,005


Personal 390,450,000
Self Employed 29,890,000
Companies 278,394,560
Company Taxes on Oil 0
Others 175,011,445
Other Direct Taxes 140,401,445
o/w Royalties from Oil 99,797,463
o/w Mineral Royalties 17,303,982
National Fiscal Stabilisation Levy 6,400,000
Airport Tax 28,210,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,111,211,183


Excises 274,703,814
Excise Duty 31,800,000
Petroleum Tax 242,903,814
o/w Energy Fund levy 2,810,000
o/w Road Fund levy 111,710,000
VAT 686,762,801
Domestic 329,480,000
External 357,282,801
National Health Insurance Levy (NHIL) 123,444,568
Customs Collection 67,431,002
Domestic Collection 56,013,566
Communication Service Tax 26,300,000

TAXES ON INTERNATIONAL TRADE 516,550,047


Imports 516,550,047
Import Duty 516,550,047
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 24,801,414


2017
23:34 Prog.
14 November 2017 August
SSNIT Contribution to NHIL 24,801,414

NON-TAX REVENUE 903,671,021


Retention 242,948,578
Lodgement 660,722,443
Fees & Charges 59,706,581
Dividend/Interest & Profits (Others) 289,037,432
Dividend/Interest & Profits from Oil 309,966,371
Surface Rentals from Oil/PHF Interest 2,012,060
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 174,763,438


ESLA Proceeds 174,763,438
Energy Debt Recovery Levy 141,497,988
Public Lighting Levy 15,557,423
National Electrification Scheme Levy 12,540,565
Price Stabilisation & Recovery Levy 33,265,450

DOMESTIC REVENUE 3,604,743,108

GRANTS 98,925,594
Project Grants 98,925,594
Programme Grants 0

TOTAL REVENUE & GRANTS 3,703,668,702

Memorandum items
Taxes on Income and Property (% of GDP) 0.4
Non-oil Taxes on Income and Property (% of non-oil 0.4
Taxes on Goods and Services (% of GDP) 0.6
Taxes on International Trade (% of GDP) 0.3
Tax Revenue (% of GDP) 1.2
Non-Oil Tax Revenue (% of non-oil GDP) 1.2
Non-Tax Revenue (% of GDP) 0.4
Domestic Revenue (% of GDP) 1.8
Non-Oil Domestic Revenue 1.6
2017
23:34 Prog.
14 November 2017 August
Grants (% of GDP) 0.0
Total Revenue and Grants 1.8
Non-Oil Tax Revenue 2,401,709,771.6
Non-oil Taxes on Income and Property 773,948,542.3
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 290,441,522
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 August

TAX REVENUE 2,845,991,235

TAXES ON INCOME & PROPERTY 862,864,506


Personal 416,521,922
Self Employed 25,829,342
Companies 357,794,237
Company Taxes on Oil 0
Others 62,719,005
Other Direct Taxes 24,142,040
o/w Royalties from Oil 0
o/w Mineral Royalties 11,037,457
National Fiscal Stabilisation Levy 8,767,298
Airport Tax 29,809,667

TAXES ON DOMESTIC GOODS AND SERVICES 1,533,870,316


Excises 650,183,217
Excise Duty 21,656,042
Petroleum Tax 628,527,175
o/w Energy Fund levy 2,509,705
o/w Road Fund levy 99,700,833
VAT 741,870,250
Domestic 281,904,738
External 459,965,512
National Health Insurance Levy (NHIL) 116,474,628
Customs Collection 69,491,004
Domestic Collection 46,983,624
Communication Service Tax 25,342,221

TAXES ON INTERNATIONAL TRADE 449,256,413


Imports 449,256,413
Import Duty 449,256,413
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 66,646,764


2017
23:34 Prov.
14 November 2017 August
SSNIT Contribution to NHIL 66,646,764

NON-TAX REVENUE 249,734,243


Retention 208,092,338
Lodgement 41,641,905
Fees & Charges 41,523,734
Dividend/Interest & Profits (Others) 118,171
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 131,821,476


ESLA Proceeds 131,821,476
Energy Debt Recovery Levy 109,346,397
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 22,475,079

DOMESTIC REVENUE 3,294,193,717

GRANTS 11,308,932
Project Grants 11,308,932
Programme Grants 0

TOTAL REVENUE & GRANTS 3,305,502,649

Memorandum items
Taxes on Income and Property (% of GDP) 0.4
Non-oil Taxes on Income and Property (% of non-oil 0.4
Taxes on Goods and Services (% of GDP) 0.8
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.4
Non-Oil Tax Revenue (% of non-oil GDP) 1.5
Non-Tax Revenue (% of GDP) 0.1
Domestic Revenue (% of GDP) 1.6
Non-Oil Domestic Revenue 1.7
2017
23:34 Prov.
14 November 2017 August
Grants (% of GDP) 0.0
Total Revenue and Grants 1.6
Non-Oil Tax Revenue 2,845,991,234.8
Non-oil Taxes on Income and Property 862,864,505.8
Import Exemptions 877,170,000
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog
14 November 2017 Sept

TAX REVENUE 2,828,649,269

TAXES ON INCOME & PROPERTY 1,268,137,465


Personal 391,739,999
Self Employed 30,750,000
Companies 731,729,121
Company Taxes on Oil 0
Others 113,918,346
Other Direct Taxes 42,838,346
o/w Royalties from Oil 0
o/w Mineral Royalties 19,338,346
National Fiscal Stabilisation Levy 44,500,000
Airport Tax 26,580,000

TAXES ON DOMESTIC GOODS AND SERVICES 1,081,213,447


Excises 274,113,346
Excise Duty 31,900,000
Petroleum Tax 242,213,346
o/w Energy Fund levy 2,700,000
o/w Road Fund levy 116,920,000
VAT 661,368,693
Domestic 310,200,000
External 351,168,693
National Health Insurance Levy (NHIL) 119,231,407
Customs Collection 66,427,842
Domestic Collection 52,803,566
Communication Service Tax 26,500,000

TAXES ON INTERNATIONAL TRADE 479,298,357


Imports 479,298,357
Import Duty 479,298,357
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 24,801,414


2017
23:34 Prog
14 November 2017 Sept
SSNIT Contribution to NHIL 24,801,414

NON-TAX REVENUE 467,582,652


Retention 412,222,503
Lodgement 55,360,149
Fees & Charges 48,082,226
Dividend/Interest & Profits (Others) 7,277,922
Dividend/Interest & Profits from Oil 0
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 172,366,318


ESLA Proceeds 172,366,318
Energy Debt Recovery Levy 136,792,634
Public Lighting Levy 15,470,211
National Electrification Scheme Levy 12,482,423
Price Stabilisation & Recovery Levy 35,573,684

DOMESTIC REVENUE 3,493,399,653

GRANTS 109,598,021
Project Grants 109,598,021
Programme Grants 0

TOTAL REVENUE & GRANTS 3,602,997,674

Memorandum items
Taxes on Income and Property (% of GDP) 0.6
Non-oil Taxes on Income and Property (% of non-oil 0.7
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.4
Non-Oil Tax Revenue (% of non-oil GDP) 1.5
Non-Tax Revenue (% of GDP) 0.2
Domestic Revenue (% of GDP) 1.7
Non-Oil Domestic Revenue 1.8
2017
23:34 Prog
14 November 2017 Sept
Grants (% of GDP) 0.1
Total Revenue and Grants 1.8
Non-Oil Tax Revenue 2,828,649,269.0
Non-oil Taxes on Income and Property 1,268,137,465.3
Import Exemptions 111,808,333.33
Benchmark Oil Revenue 0
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov.
14 November 2017 Sept.

TAX REVENUE 2,409,097,056

TAXES ON INCOME & PROPERTY 1,001,144,255


Personal 270,424,681
Self Employed 18,627,141
Companies 589,412,793
Company Taxes on Oil 0
Others 122,679,640
Other Direct Taxes 59,593,091
o/w Royalties from Oil 54,346,658
o/w Mineral Royalties 7,036,989
National Fiscal Stabilisation Levy 29,160,089
Airport Tax 33,926,459

TAXES ON DOMESTIC GOODS AND SERVICES 965,471,425


Excises 215,719,044
Excise Duty 22,474,057
Petroleum Tax 193,244,987
o/w Energy Fund levy 2,420,038
o/w Road Fund levy 95,713,478
VAT 615,437,067
Domestic 254,462,428
External 360,974,638
National Health Insurance Levy (NHIL) 102,679,590
Customs Collection 60,614,185
Domestic Collection 42,065,405
Communication Service Tax 31,635,725

TAXES ON INTERNATIONAL TRADE 442,481,376


Imports 442,481,376
Import Duty 442,481,376
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 0
2017
23:34 Prov.
14 November 2017 Sept.
SSNIT Contribution to NHIL 0

NON-TAX REVENUE 813,687,204


Retention 351,262,148
Lodgement 462,425,056
Fees & Charges 70,765,179
Dividend/Interest & Profits (Others) 250,806,457
Dividend/Interest & Profits from Oil 140,853,420
Surface Rentals from Oil/PHF Interest 0
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 144,545,717


ESLA Proceeds 144,545,717
Energy Debt Recovery Levy 113,879,789
Public Lighting Levy
National Electrification Scheme Levy
Price Stabilisation & Recovery Levy 30,665,928

DOMESTIC REVENUE 3,367,329,977

GRANTS 11,571,144
Project Grants 11,571,144
Programme Grants 0

TOTAL REVENUE & GRANTS 3,378,901,121

Memorandum items
Taxes on Income and Property (% of GDP) 0.5
Non-oil Taxes on Income and Property (% of non-oil 0.5
Taxes on Goods and Services (% of GDP) 0.5
Taxes on International Trade (% of GDP) 0.2
Tax Revenue (% of GDP) 1.2
Non-Oil Tax Revenue (% of non-oil GDP) 1.2
Non-Tax Revenue (% of GDP) 0.4
Domestic Revenue (% of GDP) 1.7
Non-Oil Domestic Revenue 1.6
2017
23:34 Prov.
14 November 2017 Sept.
Grants (% of GDP) 0.0
Total Revenue and Grants 1.7
Non-Oil Tax Revenue 2,354,750,398.5
Non-oil Taxes on Income and Property 946,797,597.4
Import Exemptions 175,660,000
Benchmark Oil Revenue 195,200,077
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog
14 November 2017 Q3

TAX REVENUE 8,033,642,863

TAXES ON INCOME & PROPERTY 3,094,362,111


Personal 1,171,969,999
Self Employed 90,090,000
Companies 1,360,373,681
Company Taxes on Oil 0
Others 471,928,431
Other Direct Taxes 336,938,431
o/w Royalties from Oil 99,797,463
o/w Mineral Royalties 168,350,968
National Fiscal Stabilisation Levy 57,000,000
Airport Tax 77,990,000

TAXES ON DOMESTIC GOODS AND SERVICES 3,356,063,094


Excises 829,136,957
Excise Duty 95,200,000
Petroleum Tax 733,936,957
o/w Energy Fund levy 8,390,000
o/w Road Fund levy 342,730,000
VAT 2,080,293,308
Domestic 965,450,000
External 1,114,843,308
National Health Insurance Levy (NHIL) 367,732,829
Customs Collection 203,512,132
Domestic Collection 164,220,697
Communication Service Tax 78,900,000

TAXES ON INTERNATIONAL TRADE 1,583,217,658


Imports 1,583,217,658
Import Duty 1,583,217,658
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 74,404,243


2017
23:34 Prog
14 November 2017 Q3
SSNIT Contribution to NHIL 74,404,243

NON-TAX REVENUE 1,705,376,601


Retention 922,788,904
Lodgement 782,587,697
Fees & Charges 165,550,818
Dividend/Interest & Profits (Others) 305,058,449
Dividend/Interest & Profits from Oil 309,966,371
Surface Rentals from Oil/PHF Interest 2,012,060
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 527,573,476


ESLA Proceeds 527,573,476
Energy Debt Recovery Levy 427,284,026
Public Lighting Levy 46,630,307
National Electrification Scheme Levy 37,593,718
Price Stabilisation & Recovery Levy 100,289,450

DOMESTIC REVENUE 10,340,997,183

GRANTS 352,515,469
Project Grants 336,183,326
Programme Grants 16,332,143

TOTAL REVENUE & GRANTS 10,693,512,652

Memorandum items
Taxes on Income and Property (% of GDP) 1.5
Non-oil Taxes on Income and Property (% of non-oil 1.5
Taxes on Goods and Services (% of GDP) 1.7
Taxes on International Trade (% of GDP) 0.8
Tax Revenue (% of GDP) 4.0
Non-Oil Tax Revenue (% of non-oil GDP) 4.1
Non-Tax Revenue (% of GDP) 0.8
Domestic Revenue (% of GDP) 5.1
Non-Oil Domestic Revenue 5.1
2017
23:34 Prog
14 November 2017 Q3
Grants (% of GDP) 0.2
Total Revenue and Grants 5.3
Non-Oil Tax Revenue 7,933,845,400.5
Non-oil Taxes on Income and Property 2,994,564,648.1
Import Exemptions 335,425,000
Benchmark Oil Revenue 290,441,522
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov
14 November 2017 Q3

TAX REVENUE 8,004,911,197

TAXES ON INCOME & PROPERTY 3,084,533,400


Personal 1,142,287,764
Self Employed 78,286,128
Companies 1,325,928,980
Company Taxes on Oil 96,455,644
Others 441,574,884
Other Direct Taxes 298,660,913
o/w Royalties from Oil 105,620,768
o/w Mineral Royalties 144,290,663
National Fiscal Stabilisation Levy 47,268,860
Airport Tax 95,645,112

TAXES ON DOMESTIC GOODS AND SERVICES 3,591,993,052


Excises 1,079,205,857
Excise Duty 70,008,994
Petroleum Tax 1,009,196,863
o/w Energy Fund levy 7,441,837
o/w Road Fund levy 295,151,354
VAT 2,096,409,655
Domestic 827,370,342
External 1,269,039,314
National Health Insurance Levy (NHIL) 332,987,167
Customs Collection 195,437,680
Domestic Collection 137,549,487
Communication Service Tax 83,390,373

TAXES ON INTERNATIONAL TRADE 1,328,384,745


Imports 1,328,384,745
Import Duty 1,328,384,745
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 66,646,764


2017
23:34 Prov
14 November 2017 Q3
SSNIT Contribution to NHIL 66,646,764

NON-TAX REVENUE 1,520,385,020


Retention 795,289,326
Lodgement 725,095,694
Fees & Charges 161,980,385
Dividend/Interest & Profits (Others) 275,251,665
Dividend/Interest & Profits from Oil 286,984,636
Surface Rentals from Oil/PHF Interest 879,008
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 408,188,669


ESLA Proceeds 408,188,669
Energy Debt Recovery Levy 332,572,583
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 75,616,086

DOMESTIC REVENUE 10,000,131,650

GRANTS 169,581,774
Project Grants 169,581,774
Programme Grants 0

TOTAL REVENUE & GRANTS 10,169,713,424

Memorandum items
Taxes on Income and Property (% of GDP) 1.5
Non-oil Taxes on Income and Property (% of non-oil 1.5
Taxes on Goods and Services (% of GDP) 1.8
Taxes on International Trade (% of GDP) 0.7
Tax Revenue (% of GDP) 4.0
Non-Oil Tax Revenue (% of non-oil GDP) 4.0
Non-Tax Revenue (% of GDP) 0.8
Domestic Revenue (% of GDP) 5.0
Non-Oil Domestic Revenue 4.9
2017
23:34 Prov
14 November 2017 Q3
Grants (% of GDP) 0.1
Total Revenue and Grants 5.0
Non-Oil Tax Revenue 7,802,834,785.1
Non-oil Taxes on Income and Property 2,882,456,987.7
Import Exemptions 1,127,610,000
Benchmark Oil Revenue 389,890,000
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prog
14 November 2017 Q1-Q3

TAX REVENUE 23,898,829,372

TAXES ON INCOME & PROPERTY 9,360,442,723


Personal 3,278,209,999
Self Employed 256,780,000
Companies 4,226,547,681
Company Taxes on Oil 115,656,046
Others 1,483,248,997
Other Direct Taxes 1,096,988,997
o/w Royalties from Oil 419,135,127
o/w Mineral Royalties 448,450,870
National Fiscal Stabilisation Levy 146,880,000
Airport Tax 239,380,000

TAXES ON DOMESTIC GOODS AND SERVICES 9,853,392,899


Excises 2,395,571,706
Excise Duty 282,680,000
Petroleum Tax 2,112,891,706
o/w Energy Fund levy 22,220,000
o/w Road Fund levy 971,380,000
VAT 6,171,789,917
Domestic 2,762,750,000
External 3,409,039,917
National Health Insurance Levy (NHIL) 1,044,271,277
Customs Collection 573,759,185
Domestic Collection 470,512,092
Communication Service Tax 241,760,000

TAXES ON INTERNATIONAL TRADE 4,684,993,750


Imports 4,684,993,750
Import Duty 4,684,993,750
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 221,929,311


2017
23:34 Prog
14 November 2017 Q1-Q3
SSNIT Contribution to NHIL 221,929,311

NON-TAX REVENUE 4,428,717,255


Retention 2,536,834,451
Lodgement 1,891,882,803
Fees & Charges 420,502,566
Dividend/Interest & Profits (Others) 318,893,194
Dividend/Interest & Profits from Oil 1,146,984,656
Surface Rentals from Oil/PHF Interest 5,502,387
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 1,546,183,733


ESLA Proceeds 1,546,183,733
Energy Debt Recovery Levy 1,242,681,547
Public Lighting Levy 137,717,561
National Electrification Scheme Levy 103,283,986
Price Stabilisation & Recovery Levy 303,502,187

DOMESTIC REVENUE 30,095,659,671

GRANTS 1,250,753,822
Project Grants 1,234,421,680
Programme Grants 16,332,143

TOTAL REVENUE & GRANTS 31,346,413,493

Memorandum items
Taxes on Income and Property (% of GDP) 4.6
Non-oil Taxes on Income and Property (% of non-oil 4.5
Taxes on Goods and Services (% of GDP) 4.9
Taxes on International Trade (% of GDP) 2.3
Tax Revenue (% of GDP) 11.8
Non-Oil Tax Revenue (% of non-oil GDP) 12.0
Non-Tax Revenue (% of GDP) 2.2
Domestic Revenue (% of GDP) 14.9
Non-Oil Domestic Revenue 14.6
2017
23:34 Prog
14 November 2017 Q1-Q3
Grants (% of GDP) 0.6
Total Revenue and Grants 15.5
Non-Oil Tax Revenue 23,364,038,199.3
Non-oil Taxes on Income and Property 8,825,651,549.9
Import Exemptions 1,006,275,000
Benchmark Oil Revenue 961,727,930
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 2: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T REVENUE - 2017
2017
23:34 Prov
14 November 2017 Q1-Q3

TAX REVENUE 22,135,574,712

TAXES ON INCOME & PROPERTY 8,871,211,215


Personal 3,322,399,059
Self Employed 226,289,259
Companies 3,649,719,564
Company Taxes on Oil 212,111,689
Others 1,460,691,645
Other Direct Taxes 1,057,240,252
o/w Royalties from Oil 332,908,155
o/w Mineral Royalties 479,377,557
National Fiscal Stabilisation Levy 114,011,865
Airport Tax 289,439,528

TAXES ON DOMESTIC GOODS AND SERVICES 9,708,093,079


Excises 2,318,549,884
Excise Duty 245,854,403
Petroleum Tax 2,072,695,481
o/w Energy Fund levy 22,056,476
o/w Road Fund levy 819,293,212
VAT 6,175,544,310
Domestic 2,525,083,063
External 3,650,461,247
National Health Insurance Levy (NHIL) 971,893,773
Customs Collection 551,392,166
Domestic Collection 420,501,607
Communication Service Tax 242,105,111

TAXES ON INTERNATIONAL TRADE 3,556,270,418


Imports 3,556,270,418
Import Duty 3,556,270,418
Exports 0
o/w Cocoa 0

SOCIAL CONTRIBUTIONS 296,249,062


2017
23:34 Prov
14 November 2017 Q1-Q3
SSNIT Contribution to NHIL 296,249,062

NON-TAX REVENUE 3,832,692,019


Retention 2,204,683,334
Lodgement 1,628,008,685
Fees & Charges 396,055,404
Dividend/Interest & Profits (Others) 325,218,580
Dividend/Interest & Profits from Oil 904,501,367
Surface Rentals from Oil/PHF Interest 2,233,335
Gas Receipts 0
Licences (NCA) 0
Yield from Capping Policy 0

OTHER REVENUE 1,216,585,398


ESLA Proceeds 1,216,585,398
Energy Debt Recovery Levy 948,564,480
Public Lighting Levy 0
National Electrification Scheme Levy 0
Price Stabilisation & Recovery Levy 268,020,918

DOMESTIC REVENUE 27,481,101,191


-24.20%
GRANTS 948,120,347
Project Grants 948,120,347
Programme Grants 0

TOTAL REVENUE & GRANTS 28,429,221,538

Memorandum items
Taxes on Income and Property (% of GDP) 4.4
Non-oil Taxes on Income and Property (% of non-oil 4.3
Taxes on Goods and Services (% of GDP) 4.8
Taxes on International Trade (% of GDP) 1.8
Tax Revenue (% of GDP) 11.0
Non-Oil Tax Revenue (% of non-oil GDP) 11.1
Non-Tax Revenue (% of GDP) 1.9
Domestic Revenue (% of GDP) 13.6
Non-Oil Domestic Revenue 13.3
2017
23:34 Prov
14 November 2017 Q1-Q3
Grants (% of GDP) 0.5
Total Revenue and Grants 14.1
Non-Oil Tax Revenue 21,590,554,868
Non-oil Taxes on Income and Property 8,326,191,371.6
Import Exemptions 2,162,159,371
Benchmark Oil Revenue 915,407,874
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Budget Revised Budget

II EXPENDITURE

Compensation of Employees 16,005,515,552 16,005,515,552


Wages & Salaries 14,047,426,509
Social Contributions 1,958,089,043 1,958,089,043
Pensions 767,986,855 767,986,855
Gratuities 262,873,706 262,873,706
Social Security 927,228,482 927,228,482

Use of Goods and Services 3,518,496,364 2,651,496,364


o/w ABFA 238,894,575 305,957,226

Interest Payments 13,940,521,981 13,283,516,710


Domestic 11,228,172,788 10,571,167,517
External (Due) 2,712,349,193 2,712,349,193

Subsidies 50,000,000 50,000,000


Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 50,000,000 50,000,000

Grants to Other Government Units 9,930,834,660 9,377,630,939


National Health Fund (NHF) 1,734,453,342 1,734,453,342
Education Trust Fund 790,224,149 644,265,463
Road Fund 873,246,012 832,888,534
Petroleum Related Funds 20,601,055 19,648,968
Dist. Ass. Common Fund 1,575,935,339 1,562,800,179
Retention of Internally-generated funds ( 2,204,808,044 2,102,911,796
Transfer to GNPC from Oil Revenue 1,220,585,104 1,016,895,192
Other Earmarked Funds 1,510,981,616 1,463,767,464
Youth Employment Agency 172,059,805 164,107,980
Student's Loan Trust 2,150,748 2,051,350
Export Development Levy 172,323,828 164,359,801
Ghana Airport Authority 317,280,000 317,280,000
Mineral Development Fund 82,174,665 78,376,924
GRA Retention 753,645,920 726,769,150
Plastic Waste Recycling Fund 11,346,649 10,822,259

Social Benefits 241,183,170 241,183,170


Lifeline Consumers of Electricity 83,474,172 83,474,172
Transfers for Social Protection 157,708,998 157,708,998

Other Expenditure 2,229,919,620 2,181,919,620


ESLA Transfers 2,081,693,682 2,081,693,682
Reallocation to Priority Programmes 148,225,938 100,225,938
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Budget Revised Budget

Tax Refunds 1,350,611,838 1,937,079,799

Capital Expenditure 7,127,711,771 6,444,711,771


Domestic financed 2,779,694,661 2,096,694,661
o/w ABFA 557,420,676 713,900,195
Foreign financed 4,348,017,110 4,348,017,110

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 54,394,794,955 52,173,053,924

APPROPRIATION 64,116,793,030 61,895,051,999


Total Expenditure 54,394,794,955 52,173,053,924
Arrears Clearance (net change) 3,742,557,361 3,742,557,361
Amortisation 5,979,440,714 5,979,440,714

Memorandum items:
Compensation of Employees 7.9 7.9
Wage and Salaries 6.9 7.0
Wage and Salaries (% of Tax Revenue) 40.9 42.5
Goods and Services 1.7 1.3
Interest Payments 6.9 6.6
Subsidies 0.0 0.0
Recurrent Expenditure 19.6 18.9
Capital Expenditure 3.5 3.2
Total Capital Expenditure (including those under 5.71 5.21
Total Expenditure 26.7 25.8
Annual Budget Funding Amount (ABFA) 796,315,251 1,019,857,421
Benchmark Oil Revenue 1,137,593,216 1,456,939,173
Nominal GDP 203,410,468,023 202,010,000,000
Non-Oil Nominal GDP 198,869,015,323 195,062,000,000
ONTABLE
OF CENTRAL
3: ECONOMIC
GOV'T EXPENDITURE
CLASSIFICATION
- 2017
OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Revised Proj Prog.
Jan.
II EXPENDITURE

Compensation of Employees 17,031,585,880 1,240,016,170


Wages & Salaries 14,646,580,000 1,102,110,000
Social Contributions 2,385,005,880 137,906,170
Pensions 885,710,000 57,588,488
Gratuities 239,690,000 2,943,434
Social Security 1,259,605,880 77,374,248

Use of Goods and Services 2,251,496,364 93,948,527


o/w ABFA 277,030,299 47,068,768

Interest Payments 13,283,516,710 1,340,826,712


Domestic 10,571,167,517 1,012,104,140
External (Due) 2,712,349,193 328,722,572

Subsidies 50,000,000 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 50,000,000 0

Grants to Other Government Units 10,451,741,264 770,448,963


National Health Fund (NHF) 1,778,682,559 134,814,407
Education Trust Fund 737,013,575 56,811,972
Road Fund 788,378,252 59,820,376
Petroleum Related Funds 20,109,273 959,822
Dist. Ass. Common Fund 1,432,458,336 110,509,198
Retention of Internally-generated funds ( 2,844,745,623 169,497,560
Transfer to GNPC from Oil Revenue 1,251,129,010 128,627,425
Other Earmarked Funds 1,599,224,636 109,408,203
Youth Employment Agency 175,885,089 13,825,714
Student's Loan Trust 2,198,564 172,821
Export Development Levy 152,204,693 2,570,884
Ghana Airport Authority 402,102,460 27,741,321
Mineral Development Fund 81,774,202 9,417,984
GRA Retention 773,983,842 55,510,199
Plastic Waste Recycling Fund 11,075,785 169,280

Social Benefits 241,183,170 26,280,886


Lifeline Consumers of Electricity 83,474,172 13,138,469
Transfers for Social Protection 157,708,998 13,142,417

Other Expenditure 2,085,484,607 173,350,280


ESLA Transfers 1,985,258,669 160,998,118
Reallocation to Priority Programmes 100,225,938 12,352,162
ONTABLE
OF CENTRAL
3: ECONOMIC
GOV'T EXPENDITURE
CLASSIFICATION
- 2017
OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Revised Proj Prog.
Jan.

Tax Refunds 1,424,130,270 93,424,301

Capital Expenditure 4,597,361,170 318,434,330


Domestic financed 1,048,347,330 38,912,400
o/w ABFA 484,803,024 109,827,126
Foreign financed 3,549,013,840 279,521,930

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 51,416,499,435 4,056,730,168

APPROPRIATION 59,974,354,911 4,462,054,692


Total Expenditure 51,416,499,435 4,056,730,168
Arrears Clearance (net change) 2,724,971,110 82,951,330
Amortisation 5,832,884,365 322,373,194

Memorandum items:
Compensation of Employees 8.3 0.6
Wage and Salaries 7.2 0.5
Wage and Salaries (% of Tax Revenue) 46.1 43.8
Goods and Services 1.1 0.0
Interest Payments 6.5 0.7
Subsidies 0.0 0.0
Recurrent Expenditure 19.4 1.6
Capital Expenditure 2.3 0.2
Total Capital Expenditure (including those under 4.3 0.33
Total Expenditure 25.2 2.0
Annual Budget Funding Amount (ABFA) 923,434,332 156,895,894
Benchmark Oil Revenue 1,319,191,902 224,136,991
Nominal GDP 204,078,014,558 202,010,000,000
Non-Oil Nominal GDP 195,121,372,056 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Jan. Feb
II EXPENDITURE

Compensation of Employees 1,174,191,373 1,332,026,170


Wages & Salaries 1,106,127,551 1,188,430,000
Social Contributions 68,063,822 143,596,170
Pensions 63,186,278 57,688,488
Gratuities 4,877,544 7,233,434
Social Security 0 78,674,248

Use of Goods and Services 61,564,893 172,206,954


o/w ABFA 63,975,659 0

Interest Payments 1,213,447,869 961,504,252


Domestic 897,091,993 736,239,488
External (Due) 316,355,876 225,264,765

Subsidies 0 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 0

Grants to Other Government Units 738,113,734 610,275,928


National Health Fund (NHF) 0 127,946,792
Education Trust Fund 60,000,000 50,847,864
Road Fund 33,204,087 62,878,581
Petroleum Related Funds 837,120 1,504,024
Dist. Ass. Common Fund 24,999,804 101,325,949
Retention of Internally-generated funds ( 236,142,627 166,558,148
Transfer to GNPC from Oil Revenue 250,100,889 0
Other Earmarked Funds 132,829,207 99,214,570
Youth Employment Agency 15,000,000 13,228,102
Student's Loan Trust 0 165,351
Export Development Levy 9,542,449 3,625,028
Ghana Airport Authority 32,758,041 24,986,467
Mineral Development Fund 15,530,029 4,011,331
GRA Retention 59,998,689 52,286,361
Plastic Waste Recycling Fund 0 911,930

Social Benefits 0 30,406,123


Lifeline Consumers of Electricity 0 17,263,707
Transfers for Social Protection 0 13,142,417

Other Expenditure 60,796,564 166,225,755


ESLA Transfers 60,796,564 153,873,594
Reallocation to Priority Programmes 0 12,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Jan. Feb

Tax Refunds 81,280,123 83,819,647

Capital Expenditure 281,668,893 375,957,004


Domestic financed 0 77,786,650
o/w ABFA 0 0
Foreign financed 281,668,893 298,170,354

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 3,611,063,450 3,732,421,835

APPROPRIATION 4,057,088,731 4,072,861,195


Total Expenditure 3,611,063,450 3,732,421,835
Arrears Clearance (net change) 62,572,763 204,649,916
Amortisation 383,452,517 135,789,445

Memorandum items:
Compensation of Employees 0.6 0.7
Wage and Salaries 0.5 0.6
Wage and Salaries (% of Tax Revenue) 47.7 56.7
Goods and Services 0.0 0.1
Interest Payments 0.6 0.5
Subsidies 0.0 0.0
Recurrent Expenditure 1.4 1.5
Capital Expenditure 0.1 0.2
Total Capital Expenditure (including those under 0.3 0.29
Total Expenditure 1.8 1.8
Annual Budget Funding Amount (ABFA) 213,252,196 0
Benchmark Oil Revenue 304,645,994 0
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Feb Mar
II EXPENDITURE

Compensation of Employees 1,049,982,202 1,343,348,323


Wages & Salaries 929,319,809 1,175,689,653
Social Contributions 120,662,393 167,658,670
Pensions 62,451,784 65,270,988
Gratuities 593,282 25,269,684
Social Security 57,617,327 77,117,998

Use of Goods and Services 18,948,912 252,009,184


o/w ABFA 0 12,622,857

Interest Payments 888,959,260 1,090,070,231


Domestic 683,420,954 843,944,783
External (Due) 205,538,306 246,125,447

Subsidies 0 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 0

Grants to Other Government Units 508,920,504 892,643,835


National Health Fund (NHF) 80,000,000 142,092,663
Education Trust Fund 0 63,239,211
Road Fund 57,835,018 69,339,705
Petroleum Related Funds 1,458,099 1,717,830
Dist. Ass. Common Fund 0 134,576,649
Retention of Internally-generated funds ( 247,113,453 182,189,530
Transfer to GNPC from Oil Revenue 0 176,999,530
Other Earmarked Funds 122,513,935 122,488,718
Youth Employment Agency 20,000,000 14,471,734
Student's Loan Trust 0 180,897
Export Development Levy 16,063,952 10,808,077
Ghana Airport Authority 25,911,509 27,795,918
Mineral Development Fund 0 4,082,033
GRA Retention 60,538,474 63,911,643
Plastic Waste Recycling Fund 0 1,238,416

Social Benefits 0 27,161,683


Lifeline Consumers of Electricity 0 14,019,266
Transfers for Social Protection 0 13,142,417

Other Expenditure 131,896,976 179,851,163


ESLA Transfers 131,896,976 167,499,002
Reallocation to Priority Programmes 0 12,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Feb Mar

Tax Refunds 143,546,165 114,255,480

Capital Expenditure 139,421,856 750,700,754


Domestic financed 305,463 144,452,268
o/w ABFA 0 29,453,332
Foreign financed 139,116,392 606,248,486

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 2,881,675,875 4,650,040,653

APPROPRIATION 2,953,210,869 1,573,521,439


Total Expenditure 2,881,675,875 1,196,548,571
Arrears Clearance (net change) 14,065,722 329,829,068
Amortisation 57,469,272 47,143,800

Memorandum items:
Compensation of Employees 0.5 0.7
Wage and Salaries 0.5 0.6
Wage and Salaries (% of Tax Revenue) 43.3 40.3
Goods and Services 0.0 0.1
Interest Payments 0.4 0.5
Subsidies 0.0 0.0
Recurrent Expenditure 1.2 1.6
Capital Expenditure 0.1 0.4
Total Capital Expenditure (including those under 0.1 0.59
Total Expenditure 1.4 2.3
Annual Budget Funding Amount (ABFA) 0 42,076,189
Benchmark Oil Revenue 0 60,108,841
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Mar Q1
II EXPENDITURE

Compensation of Employees 1,275,031,431 3,915,390,663


Wages & Salaries 1,154,215,931 3,466,229,653
Social Contributions 120,815,500 449,161,011
Pensions 65,528,390 180,547,964
Gratuities 24,214,482 35,446,552
Social Security 31,072,628 233,166,495

Use of Goods and Services 14,025,777 518,164,665


o/w ABFA 0 59,691,625

Interest Payments 945,931,706 3,392,401,195


Domestic 723,640,150 2,592,288,411
External (Due) 222,291,556 800,112,783

Subsidies 0 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 0

Grants to Other Government Units 653,381,215 2,273,368,727


National Health Fund (NHF) 0 404,853,862
Education Trust Fund 75,373,439 170,899,047
Road Fund 160,391,173 192,038,662
Petroleum Related Funds 2,141,073 4,181,675
Dist. Ass. Common Fund 2,160,000 346,411,795
Retention of Internally-generated funds ( 226,752,264 518,245,238
Transfer to GNPC from Oil Revenue 0 305,626,955
Other Earmarked Funds 186,563,266 331,111,492
Youth Employment Agency 46,027,034 41,525,550
Student's Loan Trust 0 519,069
Export Development Levy 22,341,002 17,003,989
Ghana Airport Authority 51,119,173 80,523,706
Mineral Development Fund 0 17,511,349
GRA Retention 67,076,057 171,708,202
Plastic Waste Recycling Fund 0 2,319,626

Social Benefits 0 83,848,692


Lifeline Consumers of Electricity 0 44,421,443
Transfers for Social Protection 0 39,427,250

Other Expenditure 139,615,956 519,427,198


ESLA Transfers 139,615,956 482,370,713
Reallocation to Priority Programmes 0 37,056,485
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Mar Q1

Tax Refunds 89,174,454 291,499,428

Capital Expenditure 644,158,483 1,445,092,088


Domestic financed 11,592 261,151,318
o/w ABFA 0 139,280,458
Foreign financed 644,146,890 1,183,940,770

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 3,761,319,022 12,439,192,656

APPROPRIATION 4,062,909,059 13,769,245,988


Total Expenditure 3,761,319,022 12,439,192,656
Arrears Clearance (net change) 15,572,763 451,125,874
Amortisation 286,017,274 878,927,458

Memorandum items:
Compensation of Employees 0.6 1.9
Wage and Salaries 0.6 1.7
Wage and Salaries (% of Tax Revenue) 48.3 46.0
Goods and Services 0.0 0.3
Interest Payments 0.5 1.7
Subsidies 0.0 0.0
Recurrent Expenditure 1.3 4.6
Capital Expenditure 0.3 0.7
Total Capital Expenditure (including those under 0.4 1.2
Total Expenditure 1.9 6.2
Annual Budget Funding Amount (ABFA) 0 198,972,082
Benchmark Oil Revenue 0 284,245,832
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Q1 Apr
II EXPENDITURE

Compensation of Employees 3,499,205,006 1,343,348,323


Wages & Salaries 3,189,663,291 1,175,689,653
Social Contributions 309,541,715 167,658,670
Pensions 191,166,451 65,270,988
Gratuities 29,685,309 25,269,684
Social Security 88,689,955 77,117,998

Use of Goods and Services 94,539,582 273,919,452


o/w ABFA 63,975,659 40,429,957

Interest Payments 3,048,338,835 1,214,917,617


Domestic 2,304,153,097 895,554,980
External (Due) 744,185,739 319,362,637

Subsidies 0 25,000,000
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 25,000,000

Grants to Other Government Units 1,900,415,454 824,318,531


National Health Fund (NHF) 80,000,000 139,010,880
Education Trust Fund 135,373,439 61,624,387
Road Fund 251,430,278 68,431,911
Petroleum Related Funds 4,436,292 1,653,430
Dist. Ass. Common Fund 27,159,804 117,978,629
Retention of Internally-generated funds ( 710,008,344 169,032,593
Transfer to GNPC from Oil Revenue 250,100,889 150,291,161
Other Earmarked Funds 441,906,408 116,295,539
Youth Employment Agency 81,027,034 13,896,049
Student's Loan Trust 0 173,701
Export Development Levy 47,947,403 7,484,026
Ghana Airport Authority 109,788,723 24,408,770
Mineral Development Fund 15,530,029 11,747,479
GRA Retention 187,613,221 58,092,729
Plastic Waste Recycling Fund 0 492,785

Social Benefits 0 15,599,856


Lifeline Consumers of Electricity 0 2,457,440
Transfers for Social Protection 0 13,142,417

Other Expenditure 332,309,495 188,097,052


ESLA Transfers 332,309,495 175,744,891
Reallocation to Priority Programmes 0 12,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Q1 Apr

Tax Refunds 314,000,742 100,762,072

Capital Expenditure 1,065,249,232 509,553,153


Domestic financed 317,056 159,514,062
o/w ABFA 0 94,336,567
Foreign financed 1,064,932,176 350,039,091

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 10,254,058,346 4,495,516,056

APPROPRIATION 11,073,208,658 4,922,797,440


Total Expenditure 10,254,058,346 4,495,516,056
Arrears Clearance (net change) 92,211,249 282,786,029
Amortisation 726,939,063 144,495,355

Memorandum items:
Compensation of Employees 1.7 0.7
Wage and Salaries 1.6 0.6
Wage and Salaries (% of Tax Revenue) 46.6 45.0
Goods and Services 0.0 0.1
Interest Payments 1.5 0.6
Subsidies 0.0 0.0
Recurrent Expenditure 3.8 1.7
Capital Expenditure 0.5 0.3
Total Capital Expenditure (including those under 0.9 0.45
Total Expenditure 5.1 2.2
Annual Budget Funding Amount (ABFA) 213,252,196 134,766,525
Benchmark Oil Revenue 304,645,994 192,523,607
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Apr May
II EXPENDITURE

Compensation of Employees 1,396,343,089 1,343,348,323


Wages & Salaries 1,143,460,810 1,175,689,653
Social Contributions 252,882,279 167,658,670
Pensions 92,667,785 65,270,988
Gratuities 28,769,906 25,269,684
Social Security 131,444,587 77,117,998

Use of Goods and Services 51,618,360 327,222,563


o/w ABFA 0 40,848,563

Interest Payments 1,043,640,516 954,985,076


Domestic 690,504,403 875,575,940
External (Due) 353,136,113 79,409,136

Subsidies 0 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0

Grants to Other Government Units 639,989,786 817,700,920


National Health Fund (NHF) 76,689,191 139,493,653
Education Trust Fund 0 62,324,574
Road Fund 21,472,407 72,653,119
Petroleum Related Funds 2,427,397 1,682,245
Dist. Ass. Common Fund 200,000,000 116,898,564
Retention of Internally-generated funds ( 223,512,842 169,036,791
Transfer to GNPC from Oil Revenue 148,297,799
Other Earmarked Funds 115,887,949 107,314,175
Youth Employment Agency 10,760,534 13,363,548
Student's Loan Trust 0 167,044
Export Development Levy 16,922,838 6,832,893
Ghana Airport Authority 28,972,771 24,772,830
Mineral Development Fund 0 4,004,746
GRA Retention 59,231,806 57,723,202
Plastic Waste Recycling Fund 449,911

Social Benefits 0 15,156,147


Lifeline Consumers of Electricity 0 2,013,731
Transfers for Social Protection 0 13,142,417

Other Expenditure 121,036,567 195,349,260


ESLA Transfers 121,036,567 182,997,099
Reallocation to Priority Programmes 0 12,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Apr May

Tax Refunds 14,443,804 99,703,254

Capital Expenditure 82,723,376 485,866,303


Domestic financed 97,800 187,070,978
o/w ABFA 0 95,313,315
Foreign financed 82,625,577 298,795,325

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 3,349,795,498 4,239,331,846

APPROPRIATION 3,717,232,025 5,172,829,291


Total Expenditure 3,349,795,498 4,239,331,846
Arrears Clearance (net change) 99,253,955 568,674,423
Amortisation 268,182,572 364,823,022

Memorandum items:
Compensation of Employees 0.7 0.7
Wage and Salaries 0.6 0.6
Wage and Salaries (% of Tax Revenue) 54.3 45.4
Goods and Services 0.0 0.2
Interest Payments 0.5 0.5
Subsidies 0.0 0.0
Recurrent Expenditure 1.4 1.6
Capital Expenditure 0.0 0.2
Total Capital Expenditure (including those under 0.2 0.44
Total Expenditure 1.7 2.1
Annual Budget Funding Amount (ABFA) 0 136,161,878
Benchmark Oil Revenue 0 194,516,969
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
May June
II EXPENDITURE

Compensation of Employees 1,711,156,685 1,343,348,323


Wages & Salaries 1,299,467,109 1,175,689,653
Social Contributions 411,689,575 167,658,670
Pensions 81,792,444 65,270,988
Gratuities 28,146,799 25,269,684
Social Security 301,750,332 77,117,998

Use of Goods and Services 392,326,968 273,599,604


o/w ABFA 0 0

Interest Payments 1,184,585,401 1,527,535,265


Domestic 1,107,699,479 1,360,597,580
External (Due) 76,885,922 166,937,685

Subsidies 0 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 0

Grants to Other Government Units 800,610,160 779,829,723


National Health Fund (NHF) 159,541,011 151,613,735
Education Trust Fund 0 71,513,450
Road Fund 82,251,942 77,680,871
Petroleum Related Funds 2,071,717 1,795,860
Dist. Ass. Common Fund 95,780,830 146,515,085
Retention of Internally-generated funds ( 233,814,693 191,230,966
Transfer to GNPC from Oil Revenue 89,328,059 0
Other Earmarked Funds 137,821,908 139,479,756
Youth Employment Agency 14,709,000 14,178,154
Student's Loan Trust 0 177,227
Export Development Levy 22,619,485 24,439,533
Ghana Airport Authority 29,643,965 26,549,098
Mineral Development Fund 0 4,409,067
GRA Retention 70,849,458 68,117,458
Plastic Waste Recycling Fund 0 1,609,219

Social Benefits 22,916,908 15,083,353


Lifeline Consumers of Electricity 22,916,908 1,940,936
Transfers for Social Protection 0 13,142,417

Other Expenditure 109,936,810 189,849,716


ESLA Transfers 109,936,810 177,497,555
Reallocation to Priority Programmes 0 12,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
May June

Tax Refunds 66,420,133 125,242,957

Capital Expenditure 970,106,053 504,114,492


Domestic financed 54,722,309 192,542,289
o/w ABFA 0 0
Foreign financed 915,383,745 311,572,204

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 5,258,059,118 4,758,603,433

APPROPRIATION 5,646,423,877 6,129,788,139


Total Expenditure 5,258,059,118 4,758,603,433
Arrears Clearance (net change) 18,451,029 313,694,877
Amortisation 369,913,730 1,057,489,829

Memorandum items:
Compensation of Employees 0.8 0.7
Wage and Salaries 0.6 0.6
Wage and Salaries (% of Tax Revenue) 50.2 37.5
Goods and Services 0.2 0.1
Interest Payments 0.6 0.8
Subsidies 0.0 0.0
Recurrent Expenditure 1.9 1.8
Capital Expenditure 0.5 0.2
Total Capital Expenditure (including those under 0.6 0.40
Total Expenditure 2.6 2.4
Annual Budget Funding Amount (ABFA) 83,108,060 0
Benchmark Oil Revenue 118,725,799 0
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Jun Q2
II EXPENDITURE

Compensation of Employees 1,335,313,929 4,030,044,968


Wages & Salaries 1,249,143,689 3,527,068,958
Social Contributions 86,170,240 502,976,011
Pensions 70,859,356 195,812,964
Gratuities 15,310,884 75,809,052
Social Security 0 231,353,995

Use of Goods and Services 313,268,164 874,741,619


o/w ABFA 24,709,858 81,278,521

Interest Payments 1,430,965,056 3,697,437,958


Domestic 1,247,007,192 3,131,728,500
External (Due) 183,957,865 565,709,458

Subsidies 0 25,000,000
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 25,000,000

Grants to Other Government Units 821,209,323 2,421,849,174


National Health Fund (NHF) 83,622,922 430,118,268
Education Trust Fund 51,503,500 195,462,411
Road Fund 0 218,765,901
Petroleum Related Funds 2,286,289 5,131,535
Dist. Ass. Common Fund 199,404,876 381,392,278
Retention of Internally-generated funds ( 242,058,129 529,300,350
Transfer to GNPC from Oil Revenue 96,867,668 298,588,960
Other Earmarked Funds 145,465,938 363,089,470
Youth Employment Agency 33,001,039 41,437,751
Student's Loan Trust 0 517,972
Export Development Levy 18,286,773 38,756,452
Ghana Airport Authority 25,388,957 75,730,699
Mineral Development Fund 0 20,161,292
GRA Retention 68,789,169 183,933,389
Plastic Waste Recycling Fund 0 2,551,916

Social Benefits 0 45,839,356


Lifeline Consumers of Electricity 0 6,412,107
Transfers for Social Protection 0 39,427,250

Other Expenditure 107,189,013 573,296,028


ESLA Transfers 107,189,013 536,239,544
Reallocation to Priority Programmes 0 37,056,485
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Jun Q2

Tax Refunds 110,749,328 325,708,284

Capital Expenditure 705,976,066 1,499,533,948


Domestic financed 152,650,873 539,127,329
o/w ABFA 0 189,649,882
Foreign financed 553,325,192 960,406,620

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 4,824,670,878 13,493,451,336

APPROPRIATION 5,447,392,117 16,225,414,871


Total Expenditure 4,824,670,878 13,493,451,336
Arrears Clearance (net change) 197,617,068 1,165,155,330
Amortisation 425,104,171 1,566,808,205

Memorandum items:
Compensation of Employees 0.7 2.0
Wage and Salaries 0.6 1.7
Wage and Salaries (% of Tax Revenue) 48.2 42.3
Goods and Services 0.2 0.4
Interest Payments 0.7 1.8
Subsidies 0.0 0.0
Recurrent Expenditure 1.7 5.1
Capital Expenditure 0.3 0.7
Total Capital Expenditure (including those under 0.5 1.3
Total Expenditure 2.4 6.7
Annual Budget Funding Amount (ABFA) 0 270,928,403
Benchmark Oil Revenue 102,146,080 387,040,576
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Q2 Q1+Q2
II EXPENDITURE

Compensation of Employees 4,442,813,702 7,945,435,631


Wages & Salaries 3,692,071,608 6,993,298,610
Social Contributions 750,742,094 952,137,021
Pensions 245,319,585 376,360,927
Gratuities 72,227,589 111,255,603
Social Security 433,194,919 464,520,491

Use of Goods and Services 757,213,491 1,392,906,284


o/w ABFA 24,709,858 140,970,146

Interest Payments 3,659,190,973 7,089,839,153


Domestic 3,045,211,074 5,724,016,912
External (Due) 613,979,900 1,365,822,241

Subsidies 0 25,000,000
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 25,000,000

Grants to Other Government Units 2,261,809,269 4,695,217,901


National Health Fund (NHF) 319,853,124 834,972,130
Education Trust Fund 51,503,500 366,361,458
Road Fund 103,724,349 410,804,563
Petroleum Related Funds 6,785,403 9,313,210
Dist. Ass. Common Fund 495,185,707 727,804,073
Retention of Internally-generated funds ( 699,385,664 1,047,545,588
Transfer to GNPC from Oil Revenue 186,195,727 604,215,915
Other Earmarked Funds 399,175,794 694,200,962
Youth Employment Agency 58,470,573 82,963,301
Student's Loan Trust 0 1,037,041
Export Development Levy 57,829,096 55,760,441
Ghana Airport Authority 84,005,693 156,254,405
Mineral Development Fund 0 37,672,641
GRA Retention 198,870,432 355,641,592
Plastic Waste Recycling Fund 0 4,871,542

Social Benefits 22,916,908 129,688,048


Lifeline Consumers of Electricity 22,916,908 50,833,549
Transfers for Social Protection 0 78,854,499

Other Expenditure 338,162,390 1,092,723,226


ESLA Transfers 338,162,390 1,018,610,257
Reallocation to Priority Programmes 0 74,112,969
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Q2 Q1+Q2

Tax Refunds 191,613,265 617,207,712

Capital Expenditure 1,758,805,495 2,944,626,036


Domestic financed 207,470,982 800,278,647
o/w ABFA 0 328,930,340
Foreign financed 1,551,334,513 2,144,347,389

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 13,432,525,494 25,932,643,991

APPROPRIATION 14,811,048,020 29,994,660,859


Total Expenditure 13,432,525,494 25,932,643,991
Arrears Clearance (net change) 315,322,052 1,616,281,204
Amortisation 1,063,200,473 2,445,735,664

Memorandum items:
Compensation of Employees 2.2 3.9
Wage and Salaries 1.8 3.5
Wage and Salaries (% of Tax Revenue) 50.7 44.1
Goods and Services 0.4 0.7
Interest Payments 1.8 3.5
Subsidies 0.0 0.0
Recurrent Expenditure 5.1 9.7
Capital Expenditure 0.9 1.5
Total Capital Expenditure (including those under 1.3 2.5
Total Expenditure 6.6 12.8
Annual Budget Funding Amount (ABFA) 83,108,060 469,900,485
Benchmark Oil Revenue 220,871,879 671,286,408
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Q1+Q2 July
II EXPENDITURE

Compensation of Employees 7,942,018,708 1,343,348,323


Wages & Salaries 6,881,734,899 1,175,689,653
Social Contributions 1,060,283,809 167,658,670
Pensions 436,486,037 65,270,988
Gratuities 101,912,898 25,269,684
Social Security 521,884,874 77,117,998

Use of Goods and Services 851,753,074 163,459,341


o/w ABFA 88,685,517 0

Interest Payments 6,707,529,809 1,384,686,163


Domestic 5,349,364,170 1,064,781,910
External (Due) 1,358,165,638 319,904,253

Subsidies 0 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 0

Grants to Other Government Units 4,162,224,723 683,716,408


National Health Fund (NHF) 399,853,124 138,949,654
Education Trust Fund 186,876,939 54,734,612
Road Fund 355,154,627 68,090,776
Petroleum Related Funds 11,221,695 1,496,357
Dist. Ass. Common Fund 522,345,511 114,483,473
Retention of Internally-generated funds ( 1,409,394,008 172,329,475
Transfer to GNPC from Oil Revenue 436,296,616 0
Other Earmarked Funds 841,082,203 133,632,061
Youth Employment Agency 139,497,606 14,294,607
Student's Loan Trust 0 177,587
Export Development Levy 105,776,499 16,298,694
Ghana Airport Authority 193,794,416 23,200,000
Mineral Development Fund 15,530,029 14,822,437
GRA Retention 386,483,652 63,853,858
Plastic Waste Recycling Fund 0 984,878

Social Benefits 22,916,908 16,153,904


Lifeline Consumers of Electricity 22,916,908 3,011,488
Transfers for Social Protection 0 13,142,417

Other Expenditure 670,471,885 184,795,881


ESLA Transfers 670,471,885 180,443,720
Reallocation to Priority Programmes 0 4,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
Q1+Q2 July

Tax Refunds 505,614,006 213,643,158

Capital Expenditure 2,824,054,727 611,595,068


Domestic financed 207,788,038 280,684,914
o/w ABFA 0 0
Foreign financed 2,616,266,689 330,910,154

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 23,686,583,840 4,601,398,246

APPROPRIATION 25,884,256,678 5,060,710,936


Total Expenditure 23,686,583,840 4,601,398,246
Arrears Clearance (net change) 407,533,301 100,000,000
Amortisation 1,790,139,536 359,312,690

Memorandum items:
Compensation of Employees 3.9 0.7
Wage and Salaries 3.4 0.6
Wage and Salaries (% of Tax Revenue) 48.7 43.5
Goods and Services 0.4 0.1
Interest Payments 3.3 0.7
Subsidies 0.0 0.0
Recurrent Expenditure 8.9 1.7
Capital Expenditure 1.4 0.3
Total Capital Expenditure (including those under 2.1 0.42
Total Expenditure 11.7 2.3
Annual Budget Funding Amount (ABFA) 296,360,255 0
Benchmark Oil Revenue 525,517,873 0
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
July August
II EXPENDITURE

Compensation of Employees 1,559,624,181 1,343,348,323


Wages & Salaries 1,268,314,675 1,175,689,653
Social Contributions 291,309,506 167,658,670
Pensions 69,201,652 65,270,988
Gratuities 43,094,297 25,269,684
Social Security 179,013,557 77,117,998

Use of Goods and Services 219,017,546 148,011,277


o/w ABFA 0 60,992,720

Interest Payments 1,407,795,777 852,109,079


Domestic 1,066,754,870 634,545,640
External (Due) 341,040,907 217,563,438

Subsidies 0 0
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 0

Grants to Other Government Units 785,292,800 727,133,056


National Health Fund (NHF) 152,714,280 148,245,982
Education Trust Fund 97,839,407 38,321,792
Road Fund 90,951,369 53,286,745
Petroleum Related Funds 1,325,979
Dist. Ass. Common Fund 0 122,697,650
Retention of Internally-generated funds ( 235,934,841 147,660,230
Transfer to GNPC from Oil Revenue 100,050,055 121,334,371
Other Earmarked Funds 107,802,847 94,260,305
Youth Employment Agency 0 10,010,729
Student's Loan Trust 0 126,230
Export Development Levy 690 11,086,976
Ghana Airport Authority 31,908,986 28,210,000
Mineral Development Fund 0 1,672,498
GRA Retention 75,893,172 42,462,130
Plastic Waste Recycling Fund 0 691,742

Social Benefits 0 16,056,367


Lifeline Consumers of Electricity 0 2,913,950
Transfers for Social Protection 0 13,142,417

Other Expenditure 116,248,712 179,115,600


ESLA Transfers 116,248,712 174,763,438
Reallocation to Priority Programmes 0 4,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog.
July August

Tax Refunds 144,237,291 195,536,562

Capital Expenditure 293,777,538 552,125,839


Domestic financed 57,756,106 310,087,695
o/w ABFA 0 142,316,346
Foreign financed 236,021,432 242,038,143

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 4,525,993,846 4,013,436,102

APPROPRIATION 4,923,473,498 4,278,214,634


Total Expenditure 4,525,993,846 4,013,436,102
Arrears Clearance (net change) 15,572,763 59,303,468
Amortisation 381,906,888 205,475,064

Memorandum items:
Compensation of Employees 0.8 0.7
Wage and Salaries 0.6 0.6
Wage and Salaries (% of Tax Revenue) 46.1 47.0
Goods and Services 0.1 0.1
Interest Payments 0.7 0.4
Subsidies 0.0 0.0
Recurrent Expenditure 1.8 1.4
Capital Expenditure 0.1 0.3
Total Capital Expenditure (including those under 0.3 0.44
Total Expenditure 2.2 2.0
Annual Budget Funding Amount (ABFA) 136,282,946 203,309,065
Benchmark Oil Revenue 194,689,923.0 290,441,522
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog
August Sept
II EXPENDITURE

Compensation of Employees 1,531,946,345 1,343,348,323


Wages & Salaries 1,291,537,692 1,175,689,653
Social Contributions 240,408,653 167,658,670
Pensions 70,000,768 65,270,988
Gratuities 21,141,578 25,269,684
Social Security 149,266,307 77,117,998

Use of Goods and Services 271,365,369 220,573,348


o/w ABFA 0 0

Interest Payments 778,021,132 949,860,957


Domestic 539,560,935 705,245,625
External (Due) 238,460,197 244,615,331

Subsidies 0 25,000,000
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 25,000,000

Grants to Other Government Units 662,289,818 744,307,937


National Health Fund (NHF) 124,040,170 144,032,821
Education Trust Fund 0 40,593,253
Road Fund 126,168,825 71,046,417
Petroleum Related Funds 3,535,457 1,621,766
Dist. Ass. Common Fund 112,160,598 148,209,203
Retention of Internally-generated funds ( 208,092,338 216,934,156
Transfer to GNPC from Oil Revenue - 0
Other Earmarked Funds 88,292,431 121,870,319
Youth Employment Agency 26,319,691 12,922,754
Student's Loan Trust 0 161,534
Export Development Levy 16,130,000 18,594,518
Ghana Airport Authority 33,099,529 26,580,000
Mineral Development Fund 0 2,644,410
GRA Retention 0 60,090,715
Plastic Waste Recycling Fund 0 876,388

Social Benefits 0 16,100,873


Lifeline Consumers of Electricity 0 2,958,457
Transfers for Social Protection 0 13,142,417

Other Expenditure 116,248,712 176,718,480


ESLA Transfers 116,248,712 172,366,318
Reallocation to Priority Programmes 0 4,352,162
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog
August Sept

Tax Refunds 181,358,196 221,152,932

Capital Expenditure 200,121,245 583,015,943


Domestic financed 45,699,763 202,570,566
o/w ABFA 0 0
Foreign financed 154,421,482 380,445,377

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 3,741,350,818 4,280,078,793

APPROPRIATION 0 5,112,792,928
Total Expenditure 3,267,455,001 4,280,078,793
Arrears Clearance (net change) 61,530,579 433,062,392
Amortisation 263,522,291 399,651,744

Memorandum items:
Compensation of Employees 0.8 0.7
Wage and Salaries 0.6 0.6
Wage and Salaries (% of Tax Revenue) 45.4 41.6
Goods and Services 0.1 0.1
Interest Payments 0.4 0.5
Subsidies 0.0 0.0
Recurrent Expenditure 1.5 1.5
Capital Expenditure 0.1 0.3
Total Capital Expenditure (including those under 0.2 0.42
Total Expenditure 1.9 2.1
Annual Budget Funding Amount (ABFA) 0 0
Benchmark Oil Revenue 0 0
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog
Sept. Q3
II EXPENDITURE

Compensation of Employees 1,478,507,455 4,030,044,968


Wages & Salaries 1,255,093,636 3,527,068,958
Social Contributions 223,413,820 502,976,011
Pensions 102,036,905 195,812,964
Gratuities 30,236,418 75,809,052
Social Security 91,140,496 231,353,995

Use of Goods and Services 490,380,090 532,043,967


o/w ABFA 40,992,016 60,992,720

Interest Payments 816,991,644 3,186,656,199


Domestic 607,080,515 2,404,573,176
External (Due) 209,911,128 782,083,023

Subsidies 0 25,000,000
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 25,000,000

Grants to Other Government Units 891,885,571 2,155,157,400


National Health Fund (NHF) 59,503,683 431,228,457
Education Trust Fund 64,485,246 133,649,657
Road Fund 89,188,858 192,423,938
Petroleum Related Funds 2,245,607 4,444,103
Dist. Ass. Common Fund 49,451,004 385,390,326
Retention of Internally-generated funds ( 351,262,148 536,923,861
Transfer to GNPC from Oil Revenue 0 121,334,371
Other Earmarked Funds 275,749,025 349,762,685
Youth Employment Agency 14,401,995 37,228,090
Student's Loan Trust 0 465,351
Export Development Levy 192,256,120 45,980,188
Ghana Airport Authority 0 77,990,000
Mineral Development Fund 0 19,139,345
GRA Retention 69,090,910 166,406,703
Plastic Waste Recycling Fund 0 2,553,008

Social Benefits 0 48,311,144


Lifeline Consumers of Electricity 0 8,883,894
Transfers for Social Protection 0 39,427,250

Other Expenditure 144,545,717 540,629,960


ESLA Transfers 144,545,717 527,573,476
Reallocation to Priority Programmes 0 13,056,485
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov. Prog
Sept. Q3

Tax Refunds 268,303,076 630,332,652

Capital Expenditure 378,470,318 1,746,736,850


Domestic financed 96,051,817 793,343,175
o/w ABFA 0 142,316,346
Foreign financed 282,418,501 953,393,675

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 4,469,083,871 12,894,913,140

APPROPRIATION 4,756,992,907 14,451,718,498


Total Expenditure 4,469,083,871 12,894,913,140
Arrears Clearance (net change) 134,877,332 592,365,860
Amortisation 153,031,703 964,439,498

Memorandum items:
Compensation of Employees 0.7 2.0
Wage and Salaries 0.6 1.7
Wage and Salaries (% of Tax Revenue) 52.1 43.9
Goods and Services 0.2 0.3
Interest Payments 0.4 1.6
Subsidies 0.0 0.0
Recurrent Expenditure 1.7 4.6
Capital Expenditure 0.2 0.9
Total Capital Expenditure (including those under 0.3 1.3
Total Expenditure 2.2 6.4
Annual Budget Funding Amount (ABFA) 136,640,054.0 203,309,065
Benchmark Oil Revenue 195,200,077.2 290,441,522
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov Prog
Q3 Q1-Q3
II EXPENDITURE

Compensation of Employees 4,570,077,982 11,975,480,600


Wages & Salaries 3,814,946,003 10,520,367,568
Social Contributions 755,131,979 1,455,113,032
Pensions 241,239,326 572,173,891
Gratuities 94,472,293 187,064,655
Social Security 419,420,360 695,874,486

Use of Goods and Services 980,763,006 1,924,950,251


o/w ABFA 40,992,016 201,962,865

Interest Payments 3,002,808,552 10,276,495,352


Domestic 2,213,396,320 8,128,590,087
External (Due) 789,412,232 2,147,905,264

Subsidies 0 50,000,000
Subsidies to Utility Companies 0 0
Subsidies on Petroleum products 0 50,000,000

Grants to Other Government Units 2,339,468,189 6,850,375,301


National Health Fund (NHF) 336,258,133 1,266,200,587
Education Trust Fund 162,324,653 500,011,116
Road Fund 306,309,053 603,228,502
Petroleum Related Funds 5,781,064 13,757,313
Dist. Ass. Common Fund 161,611,601 1,113,194,400
Retention of Internally-generated funds ( 795,289,326 1,584,469,450
Transfer to GNPC from Oil Revenue 100,050,055 725,550,287
Other Earmarked Funds 471,844,303 1,043,963,648
Youth Employment Agency 40,721,686 120,191,392
Student's Loan Trust 0 1,502,392
Export Development Levy 208,386,810 101,740,629
Ghana Airport Authority 65,008,515 234,244,405
Mineral Development Fund 0 56,811,986
GRA Retention 144,984,082 522,048,294
Plastic Waste Recycling Fund 0 7,424,550

Social Benefits 0 177,999,192


Lifeline Consumers of Electricity 0 59,717,444
Transfers for Social Protection 0 118,281,749

Other Expenditure 377,043,142 1,633,353,187


ESLA Transfers 377,043,142 1,546,183,733
Reallocation to Priority Programmes 0 87,169,454
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE - 2017
2017 2017
Prov Prog
Q3 Q1-Q3

Tax Refunds 593,898,564 1,247,540,364

Capital Expenditure 872,369,101 4,691,362,886


Domestic financed 199,507,687 1,593,621,822
o/w ABFA 0 471,246,685
Foreign financed 672,861,415 3,097,741,064

Other Outstanding Expenditure Claims 0 0

TOTAL EXPENDITURE 12,736,428,535 38,827,557,132

APPROPRIATION 13,272,974,274 44,446,379,357


Total Expenditure 12,262,532,718 38,827,557,132
Arrears Clearance (net change) 211,980,675 2,208,647,064
Amortisation 798,460,882 3,410,175,161

Memorandum items:
Compensation of Employees 2.3 5.9
Wage and Salaries 1.9 5.2
Wage and Salaries (% of Tax Revenue) 47.7 44.0
Goods and Services 0.5 1.0
Interest Payments 1.5 5.1
Subsidies 0.0 0.0
Recurrent Expenditure 5.0 14.3
Capital Expenditure 0.4 2.3
Total Capital Expenditure (including those under 0.8 3.8
Total Expenditure 6.3 19.2
Annual Budget Funding Amount (ABFA) 272,923,000 673,209,551
Benchmark Oil Revenue 389,890,000 961,727,930
Nominal GDP 202,010,000,000 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000 195,062,000,000
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE
2017
Prov.
Q1-Q3
II EXPENDITURE

Compensation of Employees 12,512,096,690


Wages & Salaries 10,696,680,902
Social Contributions 1,815,415,789
Pensions 677,725,362
Gratuities 196,385,191
Social Security 941,305,235

Use of Goods and Services 1,832,516,079


o/w ABFA 129,677,533

Interest Payments 9,710,338,361


Domestic 7,562,760,490
External (Due) 2,147,577,870

Subsidies 0
Subsidies to Utility Companies 0
Subsidies on Petroleum products 0

Grants to Other Government Units 6,501,692,912


National Health Fund (NHF) 736,111,257
Education Trust Fund 349,201,592
Road Fund 661,463,680
Petroleum Related Funds 17,002,759
Dist. Ass. Common Fund 683,957,112
Retention of Internally-generated funds ( 2,204,683,334
Transfer to GNPC from Oil Revenue 536,346,672
Other Earmarked Funds 1,312,926,506
Youth Employment Agency 180,219,292
Student's Loan Trust 0
Export Development Levy 314,163,309
Ghana Airport Authority 258,802,931
Mineral Development Fund 15,530,029
GRA Retention 531,467,734
Plastic Waste Recycling Fund 0

Social Benefits 22,916,908


Lifeline Consumers of Electricity 22,916,908
Transfers for Social Protection 0

Other Expenditure 1,047,515,027


ESLA Transfers 1,047,515,027
Reallocation to Priority Programmes 0
TABLE 3: ECONOMIC CLASSIFICATION OF CENTRAL GOV'T EXPENDITURE
2017
Prov.
Q1-Q3

Tax Refunds 1,099,512,570

Capital Expenditure 3,696,423,829


Domestic financed 407,295,724
o/w ABFA 0
Foreign financed 3,289,128,104

Other Outstanding Expenditure Claims 0

TOTAL EXPENDITURE 36,423,012,376

APPROPRIATION 39,631,126,770
Total Expenditure 36,423,012,376
Arrears Clearance (net change) 619,513,976
Amortisation 2,588,600,418

Memorandum items:
Compensation of Employees 6.2
Wage and Salaries 5.3
Wage and Salaries (% of Tax Revenue) 48.3
Goods and Services 0.9
Interest Payments 4.8
Subsidies 0.0
Recurrent Expenditure 13.9
Capital Expenditure 1.8
Total Capital Expenditure (including those under 2.9
Total Expenditure 18.0
Annual Budget Funding Amount (ABFA) 569,283,256
Benchmark Oil Revenue 915,407,874
Nominal GDP 202,010,000,000
Non-Oil Nominal GDP 195,062,000,000