$40b surplus recorded

2017-08-01 18:16:35

The Government recorded a $40.1 billion surplus in June, the Financial Services & the Treasury Bureau announced today.

It saw expenditure of $40.6 billion and revenue of $80.7 billion during the month.

Government expenditure for the three months ending June 30 amounted to $110.5 billion, with revenues of $145.9 billion, bringing the cumulative year-to-date surplus of $35.4 billion.

Fiscal reserves stood at $989.1 billion as at June 30.

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