How ASEAN governments manage their budgets this year?

[jubilee1919]

How ASEAN governments manage their budgets this year?

Thanks to mevotex for this article» Mon Jun 18, 2012 11:15 am

Last year, only 1 Southeast Asian state had a budget surplus (article: viewtopic.php?f=40&t=48105) The good news is, this year 3 of them are incurring a surplus, perhaps hinting that governments are beginning to take their finances more seriously amid the global economic crisis.

So, how much money your government will receive and spend this year (2012) The budget statistics below include latest available revisions, changes and supplementary additions:

1. Singapore

National Income: USD$42.13 billion
National Expenditures: USD 39.9 billion
Budget Surplus/(Deficit): USD$2.23 billion
Last Year Fiscal Balance: USD$0.080 billion

2. Brunei

National Income: B$6.28 billion
National Expenditures: B$5.2 billion
Budget Surplus/(Deficit): USD$0.853 billion
Last Year Fiscal Balance: (USD$0.68 billion)

3. Timor Leste

National Income: USD$2.259 billion
National Expenditures: USD$1.763 billion
Budget Surplus/(Deficit): USD$0.496 billion
Last Year Fiscal Balance: USD$0

4. Laos

National Income: KP15.76 trillion
National Expenditures: KP18.98 trillion
Budget Surplus/(Deficit): (USD$0.403 billion)
Last Year Fiscal Balance: (USD$0.405 billion)

5. Cambodia

National Income: USD$1.848 billion
National Expenditures: USD$2.62 billion
Budget Surplus/(Deficit): (USD$0.772 billion)
Last Year Fiscal Balance: (USD$0.793 billion)

6. Myanmar

National Income: 10.5227 trillion kyats
National Expenditures: 13.0406 trillion kyats
Budget Surplus/(Deficit): (USD$2.97 billion)
Last Year Fiscal Balance: (USD$2.78 billion)

7. Philippines

National Income: P1.54 trillion
National Expenditures: P1.816 trillion
Budget Surplus/(Deficit): (USD$6.61 billion)
Last Year Fiscal Balance: (USD$4.47 billion)


8. Vietnam

National Income: 740.5 trillion dong
National Expenditures: 880.7 trillion dong
Budget Surplus/(Deficit): (USD$6.73 billion)
Last Year Fiscal Balance: (USD$1.71 billion)

9. Thailand

National Income: Bt2.18 trillion
National Expenditures: Bt2.45 trillion
Budget Surplus/(Deficit): (USD$8.59 billion)
Last Year Fiscal Balance: (USD$11.3 billion)

10. Malaysia

National Income: RM186.9 billion
National Expenditures: RM246.6 billion
Budget Surplus/(Deficit): (USD$19.02 billion)
Last Year Fiscal Balance: (USD$13.4 billion)

11. Indonesia

National Income: USD$148.5 billion
National Expenditures: US$168.8 billion
Budget Surplus/(Deficit): (USD$20.34 billion)
Last Year Fiscal Balance: (USD$10 billion)

 

[jubilee1919]

Aren't you thankful?

 

[Cruxx]

One man's asset is another man's liability. The role of a government isn't to make obscene profits for themselves but to provide public services that advance the well-being of the people, financed by deficit spending if need be.