Table ( 9 ): Summary of Main Budget Operations 1/
(LE Millions)
    Budget   Actuals
2001/02 2002/03 2003/04 2004/05  2005/06  2001/02  2002/03  2003/04  2004/05  2004/05 2005/06
 
(Preliminary) July-Sep July-Sep
Overall Fiscal Deficit 0 0 0 0 0 0 0 0 0 0 0
Total Cash Deficit 2/ 0 0 0 0 0 0 0 0 0 0 0
         
  Total Revenues and Grants 0 0 0 0 0 0 0 0 0 0 0
      Tax Revenues 0 0 0 0 0 50,801 55,736 67,158 75,960 13,573 13,448
          Income Tax 25,361 26,422 27,418 30,155 34,844 19,624 20,788 27,206 31,569 5,134 4,474
          Property Taxes 976 896 922 1,063 1,004 764 784 785 1,054 99 164
          Taxes on Goods and Services 25,699 27,575 30,168 32,325 32,359 20,970 23,131 26,562 31,524 5,971 6,433
          Taxes on International Trade 11,105 11,018 12,210 12,636 9,115 7,296 8,238 9,241 7,763 2,258 1,941
          Other Taxes 2,501 2,966 3,646 3,663 4,285 2,148 2,794 3,363 4,050 112 436
         
      Grants 2,298 2,280 3,101 3,352 2,861 4,265 3,290 5,050 3,497 -27 -82
      Other Revenues 0 0 0 0 0 23,252 30,120 29,672 30,530 7,450 11,264
          Returns on Financial Assets 19,703 19,210 20,145 23,444 37,903 12,789 13,764 14,849 17,946 5,147 10,016
          Proceeds from Sales of Goods and Services 5,882 6,219 6,499 6,792 5,067 5,514 6,256 7,671 5,493 1,228 775
          Other 3/ 3,108 5,031 3,912 3,977 2,714 4,950 10,100 7,152 7,091 1,075 473
         
  Total Expenditures 0 0 0 0 0 0 0 0 0 0 0
      Wages and Salaries 31,870 34,854 38,672 42,560 45,843 30,516 33,816 37,266 41,190 10,934 12,409
      Purchases of Goods and Services 6,678 6,890 6,706 6,832 13,238 8,692 8,490 9,422 12,740 1,246 1,939
      Interest Payments 25,371 28,562 33,364 37,889 42,605 21,752 25,851 30,704 32,779 4,872 5,887
      Subsidies, Grants and Social benefits 17,645 19,527 23,345 32,123 50,546 18,051 20,649 24,752 29,562 7,955 5,830
      Other Expenditures 16,472 18,083 20,225 20,249 18,190 16,755 18,261 20,994 20,926 4,031 4,350
      Purchases of Non-Financial assets 15,267 20,425 20,402 20,452 17,395 19,776 20,251 22,851 21,239 2,141 1,959
         
Cash Deficit 0 0 0 0 0 0 0 0 0 0 0
  Net Acquisition of Financial assets 1,889 1,795 1,433 1,169 1,735 1,262 5,586 1,951 1,645 9 365
Overall Fiscal Deficit 0 0 0 0 0 0 0 0 0 0 0
         
Memorandum items: 4/        
Overall Deficit/ GDP (%) 4.9 6.8 7.4 8.2 9.5 10.2 10.5 9.5 9.3 7.0 5.1
Primary Deficit/ GDP (%) 1.8 0.0 0.6 1.1 2.7 4.4 4.3 3.2 3.2 3.6 1.4
Revenues/ GDP (%) 25.5 24.3 22.3 21.9 20.7 20.7 21.4 21.0 20.5 14.4 15.5
Expenditure/ GDP (%) 29.9 30.7 29.4 29.8 29.9 30.5 30.5 30.1 29.5 21.4 20.4
Source: Ministry of Finance.
* Revised Figures
1/ "Actual" data is based on the new budget classification which corresponds to the IMF GFS 2001 (modified to cash basis). With the  exception of year 2005/2006, "Budget" figures are kept at their old cash/ accrual basis and presented in the same classification approved by the parliament during the years they were passed. Therefore, comparison between budgeted and actual aggregates has to be taken with caution when carried out for analytical purposes.
2/ Overall deficit excluding net acquisition of financial assets.
3/ Includes fines, voluntary transfers and miscellaneous revenues.
4/ July - September ratios are based on quarterly GDP .
Source: Ministry of Finance.