
Hong Kong government's surplus hits $110.8b
Fiscal reserves now stand at $953.7b.
The Government recorded a $110.8 billion surplus for the year ending March 31, with fiscal reserves standing at $953.7 billion, the Financial Services & the Treasury Bureau said.
Government expenditure amounted to $462.3 billion for the year and revenue was $573.1 billion.
The bureau said the overall fiscal position was more favourable than the original and revised estimates for the year.