The Financial Services & the Treasury Bureau says an $18.3 billion surplus was recorded in the Government's financial results in November, reducing the deficit for the eight months ended November 30 to $3.6 billion.

November saw $37 billion in revenue and $18.7 billion in spending. The improved financial results in the month were mainly due to profits-tax collection.

For the eight months ended November, spending amounted to $151.5 billion and revenue to $147.9 billion. The fiscal reserves stood at $307.1 billion.