The phrase "achieved a surplus of" is correct and usable in written English.
It can be used in contexts related to finance, economics, or resource management to indicate that a positive balance or excess has been reached.
Example: "The company achieved a surplus of $1 million in revenue this quarter, exceeding all expectations."
Alternatives: "gained a surplus of" or "realized a surplus of".
George Osborne was expecting to achieve a surplus of £11bn on the public finances by 2020-21; insthed, the OBR is now forecasting a £21bn deficit – and public debt is expected to peak at more than 90% of GDP.
This week David Nicholson, the health service's new chief executive, said that the NHS would achieve a surplus of at least £250m in the following financial year.That may seem an undemanding objective set against a budget that will increase by 9% to £92 billion in 2007-08.
However, the government did take about $NZ84.2 million in revenue from sales of deep-water quota to the industry, thus achieving a surplus of around $NZ40 million net of the buy-back costs (refer Table 2).
On Monday the European commission announced that the eurozone's weakest member was on course to achieving a surplus on its budget of 2.3% after exceeding its 2016 fiscal targets "significantly".
In other words, it is probably the very last bit of the lock - of achieving a surplus on the current budget "as soon as possible" before 2020 - which matters most.
He is already signalled that he may announce fresh spending cuts to meet his target of achieving a surplus on the public finances by 2020.
Greece has only just managed, in 2013, to achieve a surplus on its primary budget (ie, excluding interest payments), of 1.5% of GDP.
The Institute for Fiscal Studies' verdict on last Tuesday's budget was that he has only a 50% chance of achieving a surplus by the end of the decade.
The charter enshrines in law the Chancellor's target of achieving a surplus by the end of 2019/20 and delivering surpluses every following year "in normal times".
