The Government of Guyana Financial Plan 2013

The Government’s projected Financial Plan for 2013 is summarised and tabled on page 26. The current balance projects a surplus of $44.6 billion, an increase of $28 billion over the prior year actual. This apparently improved position is due to non-receipt of LCDS money. After capital receipts and expenditure, the plan projects an overall deficit of $33.7 billion compared to a deficit of $31.8 billion in 2012.

The main elements of the 2013 Plan are:

Total current revenues are projected to increase by $32.5 billion to $162.8 billion or by 25% (see comment 1 below). Of this, the Guyana Revenue Authority