The 2004 budget envisions increasing government spending by some 11 per cent on 2003 levels. ‘State expenses for 2004 have been evaluated at YR 744,600,000 million ($4,130 million), while public receipts should increase to YR 681,150,000 million ($3,780 million) for the same year,’ Deputy Prime Minister and Finance Minister, Alaui Saleh al-Salami told cabinet on 8 December. ‘The government puts the gross budget deficit in 2004 at YR 84,361,000 million ($468 million) and the net deficit at YR 63,450,000 million ($352.5 million – MEED 8:12:03).’