Hong Kong records HK$500m surplus in April
Updated: 2012-06-01 14:44
(Xinhua)
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HONG KONG - Hong Kong government expenditure for the month ending April 30 was HK$24.9 billion($3.21 billion), with revenue of HK$25.4 billion, resulting in a surplus of HK$500 million.
The city's Financial Services & the Treasury Bureau said the surplus was due to the receipt of salaries and profits taxes.
Hong Kong's Fiscal reserves stood at HK$669.6 billion as at April 30.
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