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$20b deficit recorded

July 29, 2016

The Government recorded a $20 billion deficit in June, the Financial Services & the Treasury Bureau announced today.

 

Government expenditure for the three months ending June 30 amounted to $109.3 billion, with revenues of $72.1 billion, bringing the cumulative year-to-date deficit to $37.2 billion.

 

Fiscal reserves stood at $805.7 billion as at June 30.



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