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Table E: ESP Financing Plan Against Macro Economic Projections

(Riels Millions) 2006 2007 2008 2009 2010
Nominal GDP 21,294 23,301 24,769 26,329 27,988
    % Change 8.5% 9.4% 6.3% 6.3% 6.3%
Total Expenditures 3,961 4,450 4,706 5,003 5,318
    % GDP 18.6% 19.1% 19.0% 19.0% 19.0%
Current 2,534 2,866 3,047 3,238 3,443
    % GDP 11.9% 12.3% 12.3% 12.3% 12.3%
Current (Discretionary) 2,194 2,465 - - -
Education 449 551 600 668 718
    % GDP 2.1% 2.4% 2.4% 2.5% 2.6%
    % Total Current 17.7% 19.2% 19.7% 20.6% 20.9%
    % Current Discretionary 20.5% 22.3% - - -
Capital 1,427 1,561 1,660 1,764 1,875
    % GDP 6.7% 6.7% 6.7% 6.7% 6.7%
Education 113 99 91 84 82
    % GDP 0.53% 0.42% 0.37% 0.32% 0.29%
    % Total Capital 7.95% 6.34% 5.51% 4.76% 4.37%
Total Education 563 650 692 752 800
    % Total Expenditures 14.21% 14.60% 14.70% 15.03% 15.04%

    Notes:
    1. 2006-2007 GDP Estimates and Shares Based on Draft MTEF, January 2004
    2. 2008-2010 macro estimates based on 2007 shares and growth

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