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Investor Relations Newfoundland and Labrador

Borrowing Program

Government of Newfoundland and Labrador
2019-20 Borrowing Program
Borrowing Requirement as of Budget 2019
$1.200 billion
Borrowed as of 10/4/2019
$700 million


2018-19 Borrowing Program
Borrowing Requirement as of Budget 2018
$1.450 billion
Borrowing Requirement as of Fall Economic and Fiscal Update 2018
$1.250 billion
Borrowed as of 03/31/2019
$1.425 billion
Government of Newfoundland and Labrador
Statement of Cash Flows
Funding Requirements 2019-20
Budget
($millions)
2018-19
Revised
($millions)
Deficit/(Surplus) (1,924) 521
Acquisition of Tangible Capital Assets 598 538
Net Investments 513 582
Retirement of Debt and Promissory Notes 226 323
Non-Cash Items 2,249 (61)
Total 1,661 1,903
Sources of Funding 2019-20
Budget
($millions)
2018-19
Revised
($millions)
Cash and Temporary Investments 461 478
Borrowings 1,200 1,425
Total 1,661 1,903

The above information includes borrowings of the Government of Newfoundland and Labrador and does not include borrowings of or on behalf of government business enterprises, agencies or boards, unless indicated.