Chinese gov’t expenses fall 8% in October – MoF

Chinese gov’t expenses fall 8% in October – MoF
Chinese gov’t expenses fall 8% in October – MoF

Mubasher: China’s governmental financial expenses decreased 8% in October, compared to 1.7% in September, said the data of Ministry of Finance (MoF) of the People's Republic of China on Friday.

The expenses of the State Council of the People's Republic of China fell 6%, while the domestic government’s expenses retreated 8.5%, the MoF added.

Chinese revenues rose 5.4% in October, compared to a 9.5% growth in September.

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Source: Mubasher

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