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$4.7b deficit recorded

October 31, 2017

The Government recorded a $4.7 billion deficit in September, the Financial Services & the Treasury Bureau announced today.


It saw expenditure of $38.348 billion and $33.64 billion in revenue during the month.


Government expenditure for the six months ending September 30 amounted to $221.7 billion with $234.1 billion in revenue, bringing the cumulative year-to-date surplus to $12.4 billion.


Fiscal reserves stood at $966.4 billion as of September 30.