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2.4.2.4: Minor Capital
Minor capital includes expenditures on vehicles, furniture and other equipment. The 2015 budget for this category is significantly decreasing by 29.6 from the 2014 budget as a
result of the elimination of some inefficient expenditures. This section first describes the main measures for this category and then their classification
into different types of investment.
Measures
The main measures for minor capital are outlined below: 12.0 million for the Ministry of Transport towards purchasing a new ferry.
3.0 million in the Ministry of Public Works towards the provision of water equipment and installation of electricity across the territory. Providing adequate infrastructure is a
core objective of the Government and is a cornerstone for future development. 1.7 million towards fire trucks and special vehicles for Ministries of Health, Justice,
State Administration, Public Works, Public Transport and Communication and the Secretary State for Security. This expenditure will contribute to safer living conditions for
the population. 1.2 million to the Ministry of Health towards medical equipment, including labs, x-ray
machines and beds. This expenditure will help towards improving the quality of health services provided in the country.
Investments
The Government considers that 18.8 million of the minor capital budget is a social investment. This is 51.2 of total projected expenditures for minor capital in 2015. Minor
capital expenditures which are classified as social investment include the purchase of fire trucks and specialized vehicles by the Ministry of Transport and Communication, new labs
for the Ministry of Health, prepayment machines for EDTL, fishing machinery and the new ferry boat.
2.5.2.5: Capital and Development
The CFTL fund includes all capital and development expenditures under 1.0 million. From table 2.5.2.5.1, these are budgeted at 70.3 million in 2015; a 19.0 reduction compared to
the 2014 budget figure and these are broken into 34.4 million for the PDID and 35.9 million for other capital and development projects across line ministries.
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Table 2.5.2.5.1: PDID and Other Capital and Development Expenditures m
2013 Actual
2014 BB1
2015 Budget
2016 2017
2018 2019
Total Capital and Development 99.6
86.8 70.3