Manitoba Deficit Narrowed in 1992-93 Preliminary Figures
Preliminary year end figures show Manitoba's 1992-93 deficit at 563.9 million dollars as revenue fell short due to the national recession and revised population calculations. Expenditures reached 5,461.8 million while revenue totaled 4,897.9 million, with measures to curb spending and a 200 million Fiscal Stabilization Fund transfer noted. The government aims to eliminate the deficit by 1996-97 while pursuing fiscal responsibility and economic renewal.