Hong Kong’s Finances Are Stable, Says IMF

Hong Kong’s Finances Are Stable, Says IMF

IMF Confirms Hong Kong Has a Resilient Financial System The International Monetary Fund (IMF) confirms Hong Kong remains a strong international centre of financial stability. This was affirmed in the IMF’s Financial System Stability Assessment Report. Factors that have contributed to Hong Kong’s strong standing in the IMF’s report include prudent policies, strong regulatory and…

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Hong Kong Government Earmarks $180 Million to Generate 1,500 New Jobs for the Financial Services Industry

Hong Kong Government Earmarks $180 Million to Generate 1,500 New Jobs for the Financial Services Industry

Financial Services Industry Gets Government Aid Amid Pandemic The Hong Kong government is allocating a $180-million budget to generate 1,500 new jobs for the financial services industry amid the high unemployment due to the coronavirus pandemic. The Secretary for Financial Services and the Treasury said that the financing was under the government’s anti-epidemic fund. The…

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