XN000022-1974-02-15 — Page 4

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Friday, February 15, 1974

$242 MILLION DEFICIT RECORDED

For First Seven Months Of Current Financial Year

The government accounts for the month of October 1973 show a deficit of $88 million compared with a surplus of 891 million in October

1972.

This has resulted in a total deficit of $242 million for tho

first ceven months of this financial year.

Total revenue for the month at $347 million was $21 million less than in October 1972. The total revenue for the first seven months of

$283 million more than in the same the financial year was $2,319 million

period the provious year.

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Expenditure amounted to $435 million, an increase of $158 million

over October 1972. This brings the total expenditure for the first seven months of the financial year to $2,561 million, which was $612 million more

than the same period the previous year.

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