The major sources of revenue of the Ordinary Budget included direct taxes; indirect taxes; loan proceeds; sales of goods and services; interest, dividends, rents, and royalties; and foreign grants. Revenue in 1987 from direct taxes was C£107 million, or 27 percent of the total revenue for the Ordinary Budget; revenue from indirect taxes was C£151.3 million, or 38.2 percent; and proceeds from loans were C£68 million, or 17.2 percent. These three main sources of revenue brought in 82.4 percent of the total revenue of the Ordinary Budget.
The major expenditures of the Ordinary Budget were salaries, fees, and allowances; public debt charges; and subventions and contributions and subsidies. Salaries, fees, and allowances accounted for 33.9 percent of total expenditures in 1987; public debt charges, 30.7 percent; subventions and contributions, 9.4 percent; and subsidies, 6.1 percent. The Ordinary Budget showed deficits of C£17.9 million in 1985, C£12.5 million in 1986, C£32.1 million in 1987, and C£28.7 million in 1988.
Data as of January 1991