Fiscal reserve drops MOP 4.4 billion in July to MOP 592.9 billion

The Macau SAR’s fiscal reserve fell by MOP 4.4 billion (US$ 544 million) to MOP 592.9 billion as of the end of July compared with the previous month, according to data published today in the Official Gazette.

In June the SAR had MOP 597.3 billion in its “rainy day fund’.

 The data in July marked the seventh consecutive month of decline in the financial reserve assets of the Macau SAR this year.