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February sees $8.3b deficit


The Government recorded an $8.3-billion deficit last month, with expenditure at $42.99 billion and revenue $34.7 billion.

 

The Government said today expenditure for the 11 months ending February 28 amounted to $465.5 billion and revenue $565.3 billion, bringing the cumulative year-to-date surplus to $99.8 billion.

 

Fiscal reserves stood at $1.2 trillion as of end-February.


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