The Government recorded a $34.9 billion surplus in October, the Financial Services & the Treasury Bureau reported today.
Expenditure amounted to $35.9 billion in the month, while $70.8 billion in revenue was recorded.
The Government recorded $246.5 billion expenditure in the current financial year as at the end of October, with revenue of $213.5 billion.
The improved financial results in October were mainly due to profits tax collection.
Fiscal reserves stood at $795.5 billion as at October 31.
