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Budget 2014/ 2015 E16 week ending 16 May 2014

The 2013/14 Statement of Appropriations are based on a total Government operating deficit of $2.5 billion for the year to 30 June 2014.  This is a solid reduction from the previous years’ deficit of $4.4 billion.  Total Crown Assets are expected to be $246 billion at 30 June, with Crown