(million of patacas)
DESIGNATION				Revised Budget	JAN - NOV		variation	execution
	2008	2009	2010	2011	2010	2011	%	%
REVENUE	51,076.7	57,641.0	79,635.8	70,207.6	72,614.0	102,840.1	41.6	146.5
CURRENT REVENUE	50,765.2	54,126.6	78,237.7	70,205.9	71,219.2	102,730.1	44.2	146.3
Direct taxes	42,990.8	45,190.3	68,849.2	62,533.1	62,615.4	90,144.1	44.0	144.2
Direct taxes from gaming	39,563.7	41,870.0	65,003.8	59,213.5	58,795.2	85,886.6	46.1	145.0
Others	3,427.1	3,320.4	3,845.4	3,319.5	3,820.2	4,257.5	11.4	128.3
Indirect taxes	1,883.5	1,491.4	2,202.3	1,726.1	1,933.2	2,916.5	50.9	169.0
Fees, fines and other penalties	1,027.1	966.5	1,283.0	1,128.1	1,170.3	1,421.9	21.5	126.0
Property income	2,435.0	3,523.1	2,033.1	1,386.8	2,005.5	3,035.9	51.4	218.9
Transfers	2,332.9	2,439.4	3,772.3	3,301.0	3,410.1	5,053.6	48.2	153.1
Sales of durable goods	2.8	1.3	3.5	0.4	2.4	4.7	94.2	1,209.7
Sales of services and non-durable goods	33.5	36.8	38.3	114.5	35.2	47.6	35.5	41.6
Other current revenue	59.4	477.8	56.1	16.0	47.2	105.8	124.3	662.9
CAPITAL REVENUE	311.5	3,514.4	1,398.1	1.6	1,394.8	110.0	-92.1	6,717.9
Sales of capital assets	28.6	0.8	104.8	0.6	104.1	79.7	-23.4	12,498.7
Financial assets	205.5	0.0	1,211.0	0.0	1,211.0	17.7	-98.5	-
Other capital revenue	0.0	3,370.0	0.0	0.0	0.0	0.0	-	-
Reimbursements not deducted from payments	77.3	143.6	82.3	1.0	79.8	12.6	-84.1	1,264.2
EXPENDITURE	25,943.5	33,824.6	37,758.1	53,110.0	30,315.1	36,439.3	20.2	68.6
CURRENT EXPENDITURE	22,225.8	29,619.8	32,434.7	39,978.9	27,134.8	31,573.7	16.4	79.0
CAPITAL EXPENDITURE	3,717.7	4,204.8	5,323.3	13,131.1	3,180.3	4,865.7	53.0	37.1
Investment	3,067.4	3,924.8	5,063.9	11,578.1	2,920.9	3,316.0	13.5	28.6
Investment Plan (PIDDA)	2,972.1	3,816.8	4,978.4	11,370.0	2,882.7	3,237.8	12.3	28.5
Others	95.4	108.1	85.5	208.1	38.2	78.1	104.7	37.6
Capital transfers	100.9	53.2	0.0	3.3	0.0	0.0	-	0.0
Financial transactions	549.4	226.7	259.4	1,549.7	259.4	1,549.7	497.4	100.0
SURPLUS	25,133.2	23,816.5	41,877.8	17,097.5	42,298.9	66,400.7	57.0	388.4
Remarks: (1) The figures of public revenue and expenditure only include "Central Services" (Including all the Non autonomous services and Administrative autonomous services). (2) Public expenditure from January to November was based on "cheques issued". (3) The figures of the revised budget refer to the end of November of current year. (4) All data for the years of 2010 and 2011 are provisional.
A brief review of Public Finance (Central services) From January to November of 2011, total public revenue has risen by 41.6%, in comparison with the same period from last year, with a total of MOP 102.84 billion. This increment was due to noticeable increases in the revenue of “Direct taxes from gaming” and “Transfers”, up by 46.1% and 48.2% respectively, and was contributed by increasing gross gaming revenue.
Total public expenditure was MOP 36.44 billion, with an increase of 20.2%, in comparison with the same period from last year. “Current Expenditure”and “Captial Expenditure” rose 16.4% and 53% respectively. The expenditure for   “Investment Plan” totalled MOP 3.24 billion, has increased by 12.3% with an execution rate of 28.5%. A fiscal surplus of MOP 66.4 billion was recorded in the first eleven months of 2011, up by 57% as compared with the same period of last year.
Source : Financial Services Bureau, Research and Financial Planning Department.