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Republic Bank's Group Life Insurance will provide relief to your family by repaying your outstanding mortgage, retail or credit card balance in the event of death or disablement.
A fiscal deficit of less than 1.8 percent of GDP is expected for 2023
Real GDP is expected to increase by 2.7 percent in 2023
Expenditure is based on an oil price of US$85.00 per barrel and a gas price of $5.00 per mmbtu
Total Revenue for the fiscal year 2024 is expected to be $54.012 billion. Expenditure for 2024 is expected to measure $59.209 billion
A fiscal deficit of $5.197 billion (2.7 percent GDP) is expected for 2024
Expected Revenue of $54.012 billion comprises oil revenue of $16,709 billion, non-oil revenue of $35,547 billion and capital revenue of $1.756 billion.
The net asset value of the Heritage and Stabilisation Fund as of September 2023 is US$5.5 billion