On 26 February 2020, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2020-21. The forecast is that for the fiscal year 2019-20, there will be a deficit of around HKD 37.8 billion, and that the fiscal reserves are expected to become HKD 1,133.1 billion by 31 March 2020. The focus […]
This Budget has been prepared with a Focus on supporting enterprises, safeguarding jobs, stabilising economy and strengthening livelihoods in contrast with the previous Hong Kong 2018-2019 Budget.
On 28 February 2018, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2018-19.
On 22 February 2017, the Financial Secretary of the Hong Kong Special Administrative Region (“Hong Kong”), announced the Budget for the fiscal year 2017-18. According to this Budget, the fiscal year 2016-17 is likely to have a surplus of HK$ 92.8 billion, which significantly exceeds the original estimated amount of HK$ 11 billion, largely due […]
