XN000022-1972-11-24 — Page 6

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Friday, November 24, 1972

DEFICIT RECORDED IN GOVT. ACCOUNTS FOR FIRST HALF OF FINANCIAL YEAR

ER ER EN

The Hong Kong Government accounts for the first half of this

financial year show a deficit of $3.7 million.

It is the first time for three years that the accounts have not

been in surplus at the end of this period.

The total revenue during the six months was $1,668 million

$329 million more than for the same period in 1971.

Expenditure amounted to $1,672 million which was $396 million

above last year's six monthly figure.

For the month of September this year, the accounts showed a

surplus of $14 million compared with a surplus of $13 million for the

same month last year.

——

$72 million

The total revenue for the month was $305 million

more than in September 1971 and the total expenditure was $291 million

or an increase of $71 million over the same month last year.

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