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Investments of the Fiscal Reserve in 2025

Investments of the Fiscal Reserve in 2025

To properly manage the fiscal surpluses and ensure the payment capability of public finances, the SAR Government enacted Law No. 8/2011, the “Fiscal Reserve Regime”, with the Monetary Authority of Macao being responsible for the investment and management of the Fiscal Reserve. In 2025, Macao SAR’s Fiscal Reserve registered an investment income of MOP42.92 billion, with an annual return of 6.9%, marking a record high.


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