FRIDAY, FEBRUARY 3, 1978
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GOVERNMENT ACCOUNTS FOR NOVEMBER 1977
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THE GOVERNMENT ACCOUNTS FOR THE MONTH OF NOVEMBER, 1977, SHOW A SURPLUS OF $697.6 MILLION, COMPARED WITH A SURPLUS OF $392 MILLION IN NOVEMBER, 1976.
THIS HAS RESULTED IN A SURPLUS OF $190 MILLION FOR THE FIRST EIGHT MONTHS OF THIS FINANCIAL YEAR, COMPARED WITH A DEFICIT OF $91 MILLION FOR THE SAME PERIOD LAST YEAR.
TOTAL EXPENDITURE, AT $638.1 MILLION, WAS $140,1 MILLION MORE THAN IN NOVEMBER, 1976.
TOTAL REVENUE AND RECEIPTS, AT $1,335.7 MILLION, WERE $445.7 MILLION MORE THAN FOR THE SAME MONTH IN 1976, DUE MAINLY TO
INCREASED RECEIPTS FROM INTERNAL REVENUE AND LAND SALES.
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