
HK$75.7 billion fiscal surplus for Hong Kong
Total, however, is 12% lower year-on-year.
Hong Kong reported a HK$75.7 billion fiscal surplus for April-February, the first 11 months of its 2012/13 financial year as against a HK$84.5 billion surplus for the same period last year.
The government expects a deficit for March as expenditures will exceed revenues and will also further reduce the cumulative surplus.