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Gov’t 1st Qtr stats: $44M more surplus than expected recorded

The country’s financial performance numbers are in for the first three months of the year.
Government said the unaudited figures released by the Finance Ministry have exceeded expectations.
They show 2019 has started with a surplus of $216.8 million.
That’s more than $44 million more than it had expected.
The increase in revenue was largely due to a hike in stamp duty.
Government also spent less on civil service expenditure.

Read the CIG statement:

QI Report Endorses CIG’s Financial Good Health (2)

About the author

Reshma Ragoonath

Reshma Ragoonath

Reshma Ragoonath is a Trinidadian journalist with 18 years media experience with a strong background in print with her most recent stint at The Cayman Reporter. She has a BA in Mass Communications, as well as, an Associate degree in Journalism and Public Relations.

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