Government Finance Statistics 2021

Jan 14, 2022 | Government Finance

Note: The following release of Cook Islands Government Finance Statistics is based on preliminary unaudited accounts and are subject to change once the audited accounts become available. The tables are published on a fiscal year ending June 30.

Cook Islands GFS 2021

Statement of operations:

The total revenue generated over the period was $206.2 million.

The largest contribution to total revenue was from taxation at $87.4 million.

Total expenses for the period was $273.5 million.

Total Gross Operating Balance equalled to $60.2 million.

Net Operating Balance was $67.3 million.

Classification of Function of Government(COFOG):

General Public services proved to be the largest fuction of Government over the fiscal year 2021, with a contribution of $105.4 million

GFS2
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