Published by
Hong Kong Free Press
Hong Kong Free Press
Notwithstanding objections from the Hong Kong Jockey Club, the city’s recently unveiled budget is an example of the government’s commitment to the well-being of its residents. After a trying year, with Covid-19 wreaking havoc and devastating economies worldwide, it is laudable that it has opted to prioritise stimulating consumer spending. The budget also encompasses infrastructure plans and various social welfare projects. Balancing the budget while expanding public spending has proved challenging, as evidenced by the projected deficit of HK$139.80 billion for 2022-2023. Yet the government has…
You must log in to post a comment.