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$22b surplus recorded

November 30, 2017

The Government recorded a $22.2 billion surplus in October, the Financial Services & the Treasury Bureau announced today.


It saw expenditure of $39.2 billion and revenues of $61.4 billion during the month.


Government expenditure for the seven months ending October 31 amounted to $260.8 billion, with revenues of $295.5 billion, bringing the cumulative year-to-date surplus to $34.6 billion.


Fiscal reserves stood at $988.6 billion as of October 31.

Asian financial Forum