October 25, 2016 / 7:42 PM / a year ago

Quebec says 2015-16 surplus higher than forecast

QUEBEC CITY, Quebec, Oct 25 (Reuters) - The Canadian province of Quebec posted a higher-than-expected C$2.2 billion ($1.65 billion) budget surplus in the 2015-16 fiscal year, its finance minister said on Tuesday.

The provincial government maintained its forecasts for a C$2 billion surplus in the current fiscal year and a C$2.5 billion surplus in fiscal 2017-18.

$1 = 1.3346 Canadian dollars Reporting by Kevin Dougherty; Writing by Jeffrey Hodgson; Editing by Chris Reese

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