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Dr.Mohamed Zaky Faculty of Economics and Political Sciences Cairo University.

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Presentation on theme: "Dr.Mohamed Zaky Faculty of Economics and Political Sciences Cairo University."— Presentation transcript:

1 Dr.Mohamed Zaky Faculty of Economics and Political Sciences Cairo University

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5 X I (Public+Private) C (Net Exports)

6 Budgeting Public Expenditure Public Revenue Public debt

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8  Coordination between fiscal and monetary policies  Inflation target and of fiscal policy  Independence of central bank  Contractionary and expansionary fiscal policy

9 Description Revenues Chapter one:Taxes Chapter two:Grants Chapter three:Other revenues Expenditures Chapter one:Wages and Compensation of employees Chapter two:Purchases of Goods And Services Chapter three:Interests Chapter four:Subsidies, Grants, and Social Benefits Chapter five:Other Expenditures Chapter six:Purchase of Non Financial Assets ( Investments) Cash Deficit / (Surplus) Acquisition of Financial Assets Chapter seven:Acquisition of Domestic and Foreign Financial Assets Lending proceeds and Sales of Financial Assets and other financial assets Chapter four:Lending proceeds and Sales of Financial Assets and other financial assets Net acquisition of Financial Assets Overall fiscal Deficit / Surplus Financing Sources Chapter five:Domestic borrowing & issuance of securities other than shares Loans repayment Chapter eight:Domestic and foreign loans repayment Net Borrowing Issuance of securities other shares Net Borrowing & issuance of securities other shares Plus Net Privatization Proceeds

10 Uses (Billion EGY. LE) Budget 2011/2012 % Budget 2010/2011 Resources(Billion EGY. LE) Budget 2011/2012 % Budget 2010/2011 Wages and Compensation of employees 117.52094.6Taxes and Duties232.239197.3 Purchase of Goods and Services30.3528.4Grants10.023.2 Interest106.31890.6Other Revenues107.41880.2 Subsidies, Grants and Social Benefits 157.827115.9 Other Expenditures31.5531.1 Purchase of non-financial assets (investments) 47.2833.9 Tot. Expenses490.683394.5Tot. Revenues349.659280.7 Cash deficit(141.0)(113.8) Acquisition of domestic and foreign financial assets 4.01 Receipts of lending and sales of financial assets 10.7212.3 Net Acquisition of financial assets 6.78.3 Overall Deficit(134.3)(105.6) Domestic and Foreign Loans Repayment 99.11682.4Tot. Borrowing233.239187.6 Net borrowing134.1105.2 Treasury contribution in the fund of restructuring finance 0.30 Privatization Proceeds 0.50 Net Privatization Proceeds 0.2 Tot. Uses594.0100480.9Tot. Resources594.0100480.9

11 Item Revised Budget 2010-2011 General Public Services Sector 134436 Public Order and Safety Sector 18564 Economic Affairs Sector 23494 Environmental Protection Sector 1209 Housing and Community Amenities Sector 7846 Health Sector 18565 Recreation, Culture and Religion Sector 13764 Education Sector 46773 Social Protection Sector 104446 Other functional sectors 25397 Gross Total 394494

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13 Total Expenditure Interest payments Total Expenses Total Expenses without Investment.

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