Hong Kong Budget 2019/20 Summary
With worldwide inflation on the rise and unknown economic stability, Hong Kong alleviates the Hongkees burden with financial relief through budget 2019/2020. Among the hot topics worldwide, providing people with financial assistance and stronger business support remains active in Hong Kong recently presented Budget. It is imperative that the peoples’ spending power is kept in balance so that the economy in the country, can remain amicable.
Hong Kong 2020-21 Budget Summary
The 2020-21 Budget was announced by Financial Secretary of Hong Kong, Mr. Paul Chan on Wednesday, 26 February 2020. To cope with the tough economic environment, this budget adopts an expansionary fiscal stance with optimal use of Hong Kong fiscal reserves to implement counter-cyclical measures.