Techub News report: Hong Kong Special Administrative Region Financial Secretary Paul Chan stated in a blog post that the new fiscal budget will be released on February 25. Benefiting from the flourishing financial markets, overall revenue including stamp duty has increased, allowing the SAR government's operating account to return to a surplus ahead of schedule. With the SAR government increasing investment in capital works, the capital account for this fiscal year will still record a deficit.
Techub News report: Hong Kong Special Administrative Region Financial Secretary Paul Chan stated in a blog post that the new fiscal budget will be released on February 25. Benefiting from the flourishing financial markets, overall revenue including stamp duty has increased, allowing the SAR government's operating account to return to a surplus ahead of schedule. With the SAR government increasing investment in capital works, the capital account for this fiscal year will still record a deficit.