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  • Lawmakers call for pension reform, age-friendly housing to address aging population

  • Labor law revisions advance as lawmakers clash over leave proposals

  • Forum urges clearer targets for Macau’s Third Five-Year Plan

  • Lawmakers, police warn of surge in illegal World Cup betting risks

  • SSM urges summer safety vigilance as heat risks rise

  • China can build humanoids at scale. The hard part is finding enough buyers 

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Home›Macau›Gov’t posts healthy budget surplus
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Gov’t posts healthy budget surplus

By -
September 26, 2024
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Macau closed the first eight months of the year with a surplus of 11.4 billion patacas, according to budget execution data from the Financial Services Bureau. Total revenues reached approximately 69.8 billion patacas, while total expenditures were 58.4 billion. The report shows revenues represent 68% of the approved budget, with expenditures at 57%. Notably, current revenue improved significantly from last year, with gaming taxes accounting for 84.1% of the total revenue. Personnel expenses rose 4.4%, and government investments are on track, with 62% of the planned budget already spent by August.

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