The Government Financial Report for the quater ending December 2013 is now available for download.
Main key points from the report:
The net operating balance of the General Government Sector as at 31 December 2013 was a surplus of $8.3 million.
- Operating revenue was $59.5 million; and
- Operating expenditure was $51.2 million.
The overall fiscal balance which excludes depreciation, but includes capital expenditure was a surplus of $4.7 million. These capital activities are government funded as well activities financed through the ADB‐Economic Recovery Support Program (ERSP) loan and the Te Mato Vai China loan.