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Table 3.2 Long-term Budget Reporting

a) Budget Report - Country X (€ billion)_____________________________________________

_____________________________________________________2006    2007   2008   2009   2010
Current Budget

Total Current Receipts

Total Current Outlays

Current Surplus(+) / Deficit(-)

Capital Budget

Net Investment

Net Borrowing

Public Sector Net Debt - end of year

b) Future Implications of Current Policies____________________________________________

Fiscal Imbalance (Open-group obligations through year ...)

Annual Change

Interest Accrual

Shift in Projection Window

Program 1 : (Public Pensions)

Fiscal Imbalance

Generational Imbalance

Present Value: Current Generations' Future Net Benefits

Assets (Claims on Rest of Government)

Present Value of Future Generations’ Net Benefits

Program 2: (Unemployment Insurance)

Fiscal Imbalance

Generational Imbalance

Present Value: Current Generations' Future Net Benefits

Assets (Claims on Rest of Government)

Present Value of Future Generations’ Net Benefits

Rest of Government

Fiscal Imbalance

Net Debt Outstanding

Present Value of Excess Future Outlays over Revenues

Present Value of Future Outlays

Present Value of Future Revenues

Liability to Program 1

Liability to Program 2

85



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