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Friday, September 22, 1972

SURPLUS IN ACCOUNTS FOR JULY

The Hong Kong Government accounts for the month of July, show a surplus

of $81.08 million compared with a surplus of $7.76 million in July last year.

This has resulted in a total deficit of $2.24 million for the first

four months of this financial year. In the past three years, the accounts

have been in surplus at the end of the first four months.

Total revenue for the month at $353.06 million was $89.21 million

more than in July 1971. Expenditure amounted to $271.99 million, an increase

of $15.90 million over the same month last year..

Release Time: 7.00 p.m.

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