Table ( 9 ): Summary of Main Budget Operations 1/ (continued)
(LE Millions)
  Budget Budget Actuals Actuals
  2001/02 2002/03 2003/04 2004/05  2005/06  2001/02  2002/03  2003/04  2004/05 
(Preliminary)
 2004/05
July-Sep
2005/06
July-Sep 
Overall Fiscal Deficit 18,559 28,519 36,127 43,866 59,401 38,485 43,760 46,060 50,093 10,192 8,110
  Net Privatization Proceeds 5,000 5,000 3,000 2,000 3,000 419 39 17 1,012 -12 846
                       
  Net Borrowing Requirements 13,559 23,519 33,127 41,866 56,400 38,067 43,721 46,043 49,082 10,204 7,264
    Borrowing  22,953 34,037 46,104 55,356 76,949 53,824 58,097 61,055 63,984 12,290 11,234
       Domestic Sources 22,126 32,553 44,775 53,791 76,039 52,701 56,191 59,993 63,187 12,241 11,234
          Non-Banks 9,580 17,446 28,139 37,470 61,711 29,772 37,083 39,500 44,258 10,236 9,327
          Banks 12,546 15,107 16,636 16,321 14,328 22,929 19,108 20,493 18,929 2,005 1,907
       Foreign Sources 827 1,484 1,329 1,565 909 1,123 1,906 1,062 797 49 0
           Non-Banks 0 0 0 0 0 0 0 0 0 0 0
           Banks 827 1,484 1,329 1,565 909 1,123 1,906 1,062 797 49 0
    Amortization 9,394 10,519 12,977 13,490 20,548 15,757 14,377 15,011 14,903 2,086 3,970
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.
Source: Ministry of Finance and Central Bank of Egypt.