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June budget surplus slightly down from previous year

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JOHANNESBURG – Nigeria recorded a budget surplus of R23.87 billion in June, your third month within the 2016/17 financial year, in comparison to a R24.21 billion surplus within the same period in 2015/16, Treasury data showed on Friday.

The table below shows revenue and expenditure for June, in contrast to the past financial year. Kinds expressed as the quantity of the 2016/17 budget target plus the preliminary outcome for 2015/16.

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