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Papua New Guinea: Staff Report For The 2011 Article IV Consultation—Supplementary Information

Author(s):
International Monetary Fund
Published Date:
May 2011
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Table 2APapua New Guinea: Summary of Central Government Operations, 2008–16(In percent of GDP)
200820092010201120122013201420152016
Est.Proj.Proj.Proj.Proj.Proj.Proj.
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash receipts from operating activities32.827.632.633.431.429.525.317.716.9
Taxes26.822.625.426.625.424.120.614.514.2
Taxes on income, profits, and capital gains20.316.018.419.718.717.313.99.69.3
Taxes on goods & services4.64.84.74.64.64.64.63.53.4
Taxes on international trade & transactions1.91.82.32.32.12.12.01.51.4
Grants4.64.05.55.04.44.13.92.72.4
Other receipts1.31.11.71.81.61.40.80.40.4
Cash payments for operating activities17.518.816.417.816.016.015.612.712.5
Compensation of employees7.48.07.38.47.17.27.15.14.9
Purchases of goods and services5.35.54.75.14.84.84.84.84.7
Interest1.82.01.41.41.31.00.90.80.9
Subsidies1.21.21.11.11.11.11.10.80.8
Grants0.91.21.01.01.01.11.00.70.6
Other payments1.00.90.80.80.80.80.80.60.5
Netcashinflowfromoperatingactivities15.38.816.215.715.413.69.65.04.5
CASH FLOWS FROM INVESTMENTS IN NONFINANCIAL ASSETS (NFAs):
Purchases of nonfinancial assets12.818.416.514.715.013.913.08.65.9
Fixed assets 1/12.818.416.514.715.013.913.08.65.9
Netcashoutflow:investmentsinNFAs12.818.416.514.715.013.913.08.65.9
Cashsurplus/deficit2.5−9.7−0.31.00.4−0.4−3.4−3.7−1.4
CASH FLOWS FROM FINANCING ACTIVITIES:
Net acquisition of financial assets other than cash0.00.00.00.00.00.00.00.00.0
Net incurrence of liabilities2.10.8−1.4−0.3−1.20.83.00.90.6
Domestic3.81.1−1.0−0.6−1.60.32.40.50.3
Foreign−1.7−0.4−0.40.30.40.50.60.40.2
Netcashinflowfromfinancingactivities2.10.8−1.4−0.3−1.20.83.00.90.6
Netchangeinthestockofcash5.9−4.8−0.80.7−0.80.4−0.4−2.7−0.9
Vertical check: Difference between cash surplus/deficit and total net cash inflow from financial activities−1.3−4.1−0.90.00.00.00.00.00.0
Memoranda items:
Nonmineral overall balance (above the line)−7.4−13.4−7.3−7.7−7.4−6.5−5.9−4.4−2.0
Nominal GDP (in millions of kina)21,59422,20825,42131,16236,02138,77143,12964,49372,779
Trust accounts closing balance15.06.77.24.23.73.41.90.00.0
Sources: Data provided by the Papua New Guinea authorities; and IMF staff estimates.

Includes spending from trust accounts.

Sources: Data provided by the Papua New Guinea authorities; and IMF staff estimates.

Includes spending from trust accounts.

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