HK records fiscal reserves reach HK$781 bln in December 2014
Updated: 2015-01-30 19:35
(Xinhua)
|
|||||||||
HONG KONG -- The Hong Kong government said on Friday that its fiscal reserves stood at HK$781.2 billion (about $100.8 billion) as of Dec 31, 2014.
There was a surplus of 12.6 billion HK dollars in December, thereby bringing a cumulative year-to-date surplus of HK$ 35.2 billion or HK$25.5 billion after repayment of bonds and notes, the government said in its financial results for the nine months ended on Dec 31, 2014.
The HK$9.7 billion repayment of institutional notes was made in July 2014. Expenditure for the nine-month period amounted to HK$284.7 billion and revenue HK$319.9 billion.
A government spokesperson said the surplus in December was mainly due to the collection of profits tax and salaries tax. The revised estimates for the current financial year will be published along with the 2015-16 Budget on Feb. 25.
US futurist touts the rise of the "Global Southern Belt"
Ten surprising facts about Jack Ma
Gas blast at Mexico City children's hospital kills 7, injures 54
Ten characteristic streets in Beijing
Outgoing US Defense Secretary Hagel lauded at farewell
Don't have to be a queen to live in frozen wild of snow
Across Canada Jan 30
New consul general greeted
Most Viewed
Editor's Picks
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
Today's Top News
US futurist touts the rise of the "Global Southern Belt"
Chinese brands derive rising revenue proportion overseas
Mongolian culture to highlight New Year's concert
Alibaba quarterly revenue disappoints, shares fall
'Nightmare' incompatible with China-US relations
Alibaba adjusted profit tops estimates, revenue falls short
US ambassador to China calls for Flying Tigers movie
Taobao locks horns with regulator
US Weekly
![]()
|
![]()
|