(MENAFN) British government spent less money than it received in terms of tax and other income in July, registering a surplus of USD2.0 billion, said the Office for Statistics Office (ONS).
The government received USD92.7 billion in income in July 2015, or an around 4 percent rise year-on-year, data relased by the ONS showed.
Of the total saving, USD5.02 billion were saved on the cost of the "day-to-day" activities of the public sector, while the government spent USD2.98 billion on infrastructure, or net investment.
So far this fiscal year, or from April 2015 to July 2015, British public sector has borrowed USD37.66 billion, USD11.45 billion lower than at the same point in the previous fiscal year.
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