The 2017 budget was presented on Friday 30th September 2016, with the known decline in State revenue having the expected impact. As shown in the graph and table, the Estimate of Revenue is now down to $47.4 Billion, which is itself a doubtful figure as I will show, with Estimated Expenditure at $53.475 Billion. That means the 2017 budget is being deficit financed by $6.075 Billion.
| Year | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (millions TT$) | $24,016 | $34,129 | $35,126 | $40,381 | $49,465 | $36,664 | $41,284 | $47,000 | $50,736 | $55,041 | $60,351 | $60,287 | $47,400 |
| Expenditure (millions TT$) | $27,918 | $34,119 | $38,054 | $42,261 | $44,206 | $36,915 | $49,016 | $54,600 | $58,405 | $61,398 | $64,664 | $63,048 | $53,475 |
| Surplus/Deficit (millions TT$) |
-$3,902 | $10 | -$2,928 | -$1,880 | $5,259 | -$252 | -$7,732 | -$7,600 | -$7,669 | -$6,357 | -$4,313 | -$2,761 | -$6,075 |
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