A $32.4 billion surplus was recorded by Hong Kong in November, resulting in a surplus of $50.6 billion for the eight months ending November 2007, it emerged on Friday.
The Financial Services & the Treasury Bureau revealed that $51.1 billion in revenue was collected during the month, while the Government spent $18.7 billion.
The surplus was mainly due to the collection of profits tax and proceeds from land sold in October.
Spending for the April - November period was $152 billion, and revenue was $202.6 billion.
Fiscal reserves stood at $419.9 billion at the end of November.
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