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A $6.5 billion surplus was recorded in December, reducing the year-to-date deficit to $6 billion for the April to December period. At December 31, the fiscal reserves stood at $290 billion.
The Financial Services & the Treasury Bureau says the improvement was mainly due to profits tax and salaries tax receipts.
Expenditure for the nine months ending December 31 amounted to $170.9 billion and revenue was $164.9 billion.
The bureau said an assessment of the likely result for the current financial year will be provided by the Financial Secretary in his Budget Speech on February 22.
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