MINISTRY OF FINANCE

PLANNING, ECONOMIC DEVELOPMENT & PHYSICAL DEVELOPMENT

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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COMMUNIQUE FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE (HPMC) NO. 01/2016

COMMUNIQUE FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE (HPMC) NO. 02/2016 

COMMUNIQUE FROM HOMEGROWN PROGRAMME MONITORING COMMITTEE NO. 03/2016

 

FISCAL SUMMARY: January to May 2014

 

 

- 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

 

 

 

 

 

 

 

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

 

              -Letter of Intent - Grenada Staff Report

 

              -Fiscal Results (First Half 2014)

 

 

 

 

PUBLIC DEBT QUARTERLY BULETIN

QUARTER 2 - 2018

 

 

Address:         Financial Complex

                       The Carenage

                        St. George’s

                        GRENADA, W.I

 

 Telephone:     (473) 440-2731 – (4)

 Facsimile:       (473) 440-4115

 Telex:              (473)3418

Email:              This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

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