
Government expenditure hit $388.3b
Surplus reached $31.8b in February.
Government expenditure for the 11 months ending February 28 amounted to $388.3 billion, with revenue of $420.1 billion, resulting in a net surplus of $31.8 billion, the Financial Services & the Treasury Bureau announced.
A $38 billion deficit was recorded for the month of February, it added.
Fiscal reserves stood at $765.7 billion as at February 28.