Tuesday, April 07, 2009

HK posts deficit

A deficit of HK$6.6 billion (US$852.44 million) was recorded in Hong Kong government's financial results in February, the Financial Services and the Treasury Bureau said yesterday.

A surplus of HK$43.2 billion was seen for the first 11 months of the fiscal year ended February 28, the bureau said. It added that HK$15.5 billion in revenue was collected during the month, while Hong Kong spent HK$22.1 billion.

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