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A $200 million deficit was recorded in the Government's financial results for April, the first month of the current financial year.
The Financial Services & the Treasury Bureau said $22.4 billion in revenue was collected in the month, while the Government spent $22.6 billion.
The deficit for the period was mainly due to major types of revenue, including salaries and profits taxes, being mostly received towards the end of a financial year.
Fiscal reserves stood at $520.1 billion as at April 30.
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