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2024-02-11 HKT 12:23
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Paul Chan: Most of the opinions in the budget consultation reflected that the government does not need to introduce major relief measures
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Chan Mo-po said that during the budget consultation period, the vast majority of opinions reflected that the government does not need to introduce major relief measures as in the past. (Screenshot of commercial channel program)
A new budget will be released at the end of this month. Financial Secretary Paul Chan Mo-po said that during the budget consultation period, the vast majority of opinions reflected that the government does not need to introduce major relief measures as in the past, mainly because the Hong Kong economy is growing at a positive rate and at the same time The government’s financial affordability must be taken into account.
Chan Mo-po looks forward to the Year of the Dragon, where the economy is more stable than last year. It is expected that there will still be some challenges in the first half of the year, and geopolitical factors may cause market fluctuations. He also believes that the weakness of Hong Kong’s stock and property markets is “cyclical”.
2024-02-11 04:23:00
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