N0. 1/2014 - COMMUNIQUE FROM HOMEGROWN PROGRAMME M...
Communique FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE (HPMC) 1 The Homegrown Programme Monitoring Committee (HPMC) held its inaugural meeting on Tuesday July 22nd, 2014, at the Ministry of Finance Conference Room. The members of the Committee are: Mr. Timothy Antoine (Government of Grenada) – Chairman Mr. Alvin Clouden (Conference of Churches in Grenada) Mrs. Aine Brathwaite...
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N0. 2/2014 - Communique FROM HOMEGROWN PROGRAMME M...
Communique FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE (HPMC) N0. 2/2014 The Homegrown Programme Monitoring Committee (HPMC) held its second meeting on Thursday, 7th August 2014, at the Ministry of Finance. Members present were: Mr. Timothy Antoine (Government of Grenada) – Chairman Mr. Alvin Clouden (Conference of Churches in Grenada) Mrs. Aine Brathwaite (Private Sector...
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N0. 3/2014 - Communique FROM HOMEGROWN PROGRAMME M...
Communique FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE (HPMC) N0. 3/2014 The Homegrown Programme Monitoring Committee (HPMC) held its third meeting on Thursday, 4th September 2014, at the Ministry of Finance Conference Room. Members present were: Mr. Timothy Antoine (Government of Grenada) – Chairman Mr. Alvin Clouden (Conference of Churches in Grenada) Mrs....
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N0. 4/2014 - COMMUNIQUE FROM HOMEGROWN PROGRAMME M...
Communique FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE (HPMC) N0. 4/2014 The Homegrown Programme Monitoring Committee (HPMC) held its fourth meeting on Thursday, 2nd October 2014, at the Ministry of Finance. Members present were: Mr. Timothy Antoine (Government of Grenada) – Chairman Mr. Alvin Clouden (Conference of Churches in Grenada) Mrs. Aine Brathwaite (Private Sector Organisations) Ms. Sandra...
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N0. 5/2014 - COMMUNIQUE FROM HOMEGROWN PROGRAMME M...
COMMUNIQUE FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE (HPMC) N0. 5/2014 The Homegrown Programme Monitoring Committee (HPMC) held its fifth meeting on Thursday, 6th November 2014, at the Ministry of Finance. Members present were: Mr. Timothy Antoine (Government of Grenada) – Chairman Mr. Alvin Clouden (Conference of Churches in Grenada) Mrs. Aine Brathwaite (Private Sector Organisations) Ms....
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FISCAL SUMMARY: January to May 2014
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|
- Revenue outturn continues to be strong relative to program projections (collections of $220.2M as
against projections of $195.8M).
- Grant receipts continue to lag behind (actual collections were $15.0M compared with projections of
$32.8M).
- Current spending for the period January – May, 2014 was within target ($27.0 million less than
projections – no payment of back pay in May).
- Capital expenditure reached $59.4 million (28% of the 2014 program target).
Revenue collections by Department: Jan. to May 2014
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|
•Customs & Excise collected $91.0M against projections of $83.2M, a favourable of $7.8M.
•IRD collected $103.2M as against projections of $97.3M, a favourable variance of $5.9M.
•Non tax Revenue is ahead of projections by $10.5M on account of an injection of $13.5M
in Special Licences during the month of April.
|
Revenue Category (Details) |
January - May 2014 Actual (EC$mn) |
January - May 2013 Actual (EC$mn) |
Variance (EC$mn)
|
|
Taxes on Income & Profits |
$37.4 m |
$25.9 m |
$11.5 m |
|
Taxes on Property |
$10.8 m |
$6.1 m |
$4.7 m |
|
Taxes on Goods & Services |
$47.7 m |
$43.3 m |
$4.4 m |
|
Taxes on International Transactions |
$91.0 m |
$79.5 m |
$11.5 m |
|
Non - Tax Revenues |
$33.3 m |
$43.0 m |
($9.7 m) |
|
Total Current Revenue |
$220.1 m |
$197.7m |
$22.4m |
Related Documents:
-Letter of Intent - Grenada Staff Report
-Fiscal Results (First Half 2014)
