expenditures for the current fiscal year will exceed the receipts by $100,000,000.
For the current fiscal year ending this month, our budget surplus is an astounding level of 5.8% of our GDP.
The estimated expenditure of the Hospital Authority for the current fiscal year amounts to $2.6 billion, accounting for 13 per cent of the overall recurrent public expenditure.
Contract funds will not expire at the end of the current fiscal year.
The BOJ said the economy will likely contract 3.1% during the current fiscal year, before expanding 1.2% in the following year.
Moreover, h admitted that the government will miss its budgeted fiscal deficit target of 2.5% in the current fiscal year.
India's economy expanded 7.7% from a year earlier in the first half of the current fiscal year, slowing sharply form an average 8.8% growth in past four years.
For the current fiscal year ending this month, our budget surplus is an astounding 5.8% of our GDP.
Flipping through a sheaf of data, Mr Evans points out that in 2007 the tax on petroleum made up 10% of the state’s total tax collection; for the current fiscal year it will be around 4%.
The government had forecast in December flat growth for the current fiscal year.
