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Friday, March 9, 1973

HONG KONG GOVERNMENT ACCOUNTS FOR DECEMBER 1972

The Hong Kong Government accounts for the month of December 1972

show a surplus of $263 million compared with a surplus of $178 million in

December 1971.

This has resulted in a total surplus of $559 million for the first

nine months of this financial year.

Total revenue for the month at $579 million was $167 million more

than in December 1971.

The total revenue for the first nine months of the financial year

at $3,232 million was $773 million more than the same period in the preceding

year.

Expenditure amounted to $316 million, an increase of $82 million over

the same month in the preceding year.

This brings the total expenditure for the first nine months of the

financial year to $2,673 million, which was $668 million more than the same

period in the preceding year.

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