Hong Kong’s budget deficit is expected to double to HK$100 billion this financial year, finance chief Paul Chan has said, citing a property market slump that weighed on government coffers. Chan, at a meeting with the Legislative Council (LegCo)’s panel on financial affairs on Monday, said the deficit for the 2024/25 fiscal year would more […]
Hong Kongs deficit to double to HK$100 billion, finance chief Paul Chan warns
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