The Hong Kong government has squezed out an estimated surplus for the fiscal year ending March 31, 2026, supported by stronger-than-expected revenue from stock-trading stamp duties along with expanded bond issuance and the reallocation of some special funds. Financial Secretary Paul Chan Mo-po announced on Wednesday in his budget report that the government’s consolidated account […]
The post Hong Kong’s budget surplus masks mounting structural deficit appeared first on Asia Times.
US citizens among the dead, wounded in Cuba boat shooting, State Department says
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