The_Open_Door_deel1

-347-
The unenvisaged expenditures and updated revenue projections
made a revision of the Plan unavoidable. In late 19 77 the Four
Year Plan was drastically changed. Total planned expenditures
on development projects during the Plan period were increased
from $415 million to $ 712 million. The allocation of
resources by sector under the Revised Plan showed a substantial
increase in non-priority development expenditures' ("Other")
apart from important increases for rural development schemes
and in projects aiming at diversification of the economy. The
development character of many of the planned expenditures under
IV ("Others") in Table 45 is of a questionable nature. Most
projects in this category were construction works needed and
undertaken in view of the hosting of the Summit meeting of
Heads of States of the Organization of African Unity by Liberia
in 1979.
1—1
II.
III.
TV.
Category
THE
TABLE 45
COMPARISON OF THE ORIGINAL AND
REVISED 1976 -•
1980 PLAN BY SECTOR
(in millions
amount'
Infrastructure 224.1
Commodity
Producing
Social &
Regional
Development
Others
95-5
74.7
20.8
of U.S. dollars)
ORIGINAL
percentage
54
23
18
5
amount
256. 3
135. 3
135- 3
185. 1
REVISED
percentage
TOTAL 100 712.0 100
Note:
(1) Rounded figures; totals may not add up due to rounding.
Source:
- Adapted from Finance Bulletin, Vol. 1, No. 1, p.3.
36
19
19
26