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The GOJ enjoyed slightly higher revenues in the first month of the fiscal year with total inflows of $24.7 billion versus $24.4 billion budgeted.
The increase came from non-tax revenues. Expenditure was slightly less than planned and came in at $33.9 billion only $31 million less than budget, resulting in an reduced fiscal deficit than originally projected coming in at $9.16 billion compared to $9.53 billion budgeted.
The government however, borrowed $1.4 billion less that they projected to borrow in the month.
