A Simple Guide to Working with Finances in Education - Tanzania ...
A Simple Guide to Working with Finances in Education - Tanzania ...
A Simple Guide to Working with Finances in Education - Tanzania ...
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Answers <strong>to</strong> Budget Analysis CalculationsNote: for simplicity, whole numbers only have been used.A B C D E F G1 1999/00 2000/01 2001/02 2002/03 2003/04 Av. GrowthRate: 2001/02- 2003/042 Nom<strong>in</strong>al 162 248 348 433 4873 Real 172 248 331 395 4264 Real growthrate(%) 44 33 19 7 19.65 Total* 292 468 737 953 10626 Total real* 309 468 702 870 930Defla<strong>to</strong>r 0.943 1 1.05 1.09515 1.141146Share of the <strong>to</strong>tal budget1999/2000 = 55% 2000/01 = 53% 2001/02 = 47%2002/03 = 45% 2003/04 = 46%In 1999/2000 55% of the budget went <strong>to</strong> educationIn 2001/2002 47% of the budget went <strong>to</strong> educationHence government is prioritis<strong>in</strong>g education less, but it still has the largest share of thespend<strong>in</strong>g on the priority sec<strong>to</strong>rs.33
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