Published:
Government expenses hit $281.4b
Revenue stood at $321.4b.
According to a release, the Government recorded a $51.7 billion surplus in December, bringing its fiscal reserves to $709.1 billion.
Announcing its financial results for the nine months ending December 31, the Financial Services & the Treasury Bureau said expenditure for the nine-month period amounted to $281.4 billion, with revenue of $321.4 billion.
It said the December surplus was mainly due to the receipt of $37.7 billion in investment income on fiscal reserves.
The revised estimates for the current financial year will be published along with the 2013-14 Budget on February 27.
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