Quarterly Performance Reports

Overview

Implementation of the annual budget is tracked through quarterly budget performance reports.

The reports are usually published within a month of the end of the relevant financial quarter.

Reports

Third Quarter

The third quarter performance report was released on 19 April 2021.

It provides revenue and expenditure data recorded by Treasury for the period 1 July 2020 to 31 March 2021, based on all available information to Treasury as at 7 April 2021.

  • In the year to date,  62 per cent of total expected annual revenue had been collected and 58 per cent of total expenditure outlaid.  This is below expectations, against a 75 per cent of budget benchmark.
  • Lower than expected revenue mainly reflected a shortfall in fisheries revenue due to pandemic related issues.  The timing of the proposed EXIM Bank loan for the aircraft replacement program has also impacted on lower revenue and expenditure.
  • During the quarter, the Government took the opportunity to use some windfall revenues from the Regional Processing Centre (RPC) agreement extension for balance sheet repair, with a bonus contribution to the Nauru Trust Fund and resolution of legacy debt obligations.

 

GON Quarterly Report Q3 2020-21

GON Quarterly Report Q2 2020-21

GON Quarterly report Q1 2020-21