On 23 February 2022, Hong Kong’s Financial Secretary, the Hon Paul MP Chan, delivered the 2022-23 Budget Speech. Mr. Chan expects Hong Kong to have a surplus of HK$18.9 billion for 2021-2022 and a deficit of HK$56.3 billion for 2022-23, but the fiscal reserves will gradually rebound to over HK$1 trillion from 2023-24 to 2026-27. […]
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