State records €3.5bn budget surplus in final quarter of 2021 | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

State records €3.5bn budget surplus in final quarter of 2021, taaffems reports.

A series of budget deficits were recorded during the pandemic years. Picture: Simon Dawson/Bloomberg

The state’s pandemic era deficits turned to a surplus in the last three months of 2021 thanks to high tax takes and reduced spending on pandemic expenses. State spending was less than revenue to the tune of €3.5 billion during the time frame, according to figures from the Central Statistics Office . A total of €31.5 billion was taken in while €27.7 billion was spent from October to December 2021, bucking a Covid-19 pandemic...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines