Government of Jamaica
Gross government debt denotes all accrued external financial obligations. Governments accumulate debt to finance expenditures above their revenues.
These tables contain the estimates of the Revenue & Grants that the Government expects to raise during the respective fiscal year (FY). Below the estimates of the Revenue & Grants is Expenditure, which is broken out into Recurrent Expenditure and Capital Expenditure.
The difference between Revenue & Grants and Expenditure is called the Fiscal Balance, which can be a deficit or a surplus. Loan Receipts are used to finance deficits and/or Amortization. The Details of Revenue provides a break out of the sources of revenue that are estimated to be raised in the respective fiscal year.