HK records $6.66 bln fiscal surplus in Dec.

The Hong Kong government recorded a 51.7 billion HK dollars (about 6.66 billion U.S. dollars) surplus in December, bringing its fiscal reserves to 709.1 billion HK dollars, the Financial Services & the Treasury Bureau announced Thursday.

Announcing its financial results for the nine months ending Dec. 31, the bureau said Thursday that expenditure for the nine-month period amounted to 281.4 billion HK dollars, with revenue of 321.4 billion HK dollars.

It said the December surplus was mainly due to the receipt of 37.7 billion HK dollars in investment income on fiscal reserves.

The revised estimates for the current financial year will be published along with the 2013-14 Budget on Feb. 27. (1 U.S. dollar= 7.757 HK dollars)