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ECONOMY | Staff Reporter, Hong Kong
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Government deficit hits $2.5b in July

Fiscal reserves stood at $986.6 billion as at July 31.

The Government recorded a $2.5 billion deficit in July, the Financial Services & the Treasury Bureau said.

It saw expenditure of $35.9 billion and revenues of $33.4 billion during the month.

Government expenditure for the four months ending July 31 amounted to $146.4 billion, with revenues of $179.3 billion, bringing the cumulative year-to-date surplus to $32.9 billion.

 

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