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The estimated out-turn for FY2002 is
a budget surplus of $885.51 million, with operating
revenue at $29.21 billion and total expenditure at $28.33
billion. Further details are at Annex
B.
Government's budget policy continues
to be characterised by restraint in Government expenditure.
Total expenditure is kept at a level that can be sustained
by operating revenue. Deficits are avoided unless the
circumstances are exceptional.
The budget out-turns for the years
FY1996 to FY2002 are shown in the following chart.
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