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 From Hong Kong's Information Services Department
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November 29, 2003
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Finance

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Fiscal deficit at $81.1b in October
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The fiscal deficit amounted to $81.1 billion last month, with expenditure between April and October at $141.6 billion and revenue $60.5 billion. Fiscal reserves for the first seven months of this financial year stood at $234.4 billion.

 

The Government said some major revenue items including salaries and profits taxes are mostly received towards the end of a financial year. Therefore, it is too early at this stage to draw any conclusion on the deficit for the full year.