Hong Kong Budget 2013

Financial Secretary John Tsang Chun-wah delivered his sixth budget speech on February 27, 2013, in which he unveiled HK$33 billion worth of relief measures and forecasted a surplus of about HK$64.9 billion for the 2012-13 financial year. Economic growth was expected to come in 1.5 to 3.5 per cent in 2013.

4 Mar 2013

The responses from the Hong Kong community to Financial Secretary John Tsang Chun-wah's budget have not been very positive. As an educator, I am also concerned about the resources the government...

4 Mar 2013

Financial Secretary John Tsang Chun-wah yesterday defended the budget plan he announced last week, branding some of the criticisms as "dangerous". Tsang said those who opposed short-term relief...

4 Mar 2013

Pan-democrats have launched a petition urging Financial Secretary John Tsang Chun-wah to start spending Hong Kong's HK$1.38 trillion in reserves on tackling social problems.

4 Mar 2013

"My proposal is this. With effect from January 1, 2015, every Hong Kong citizen aged 70 or above will be entitled as of right to enjoy a pension paid by a new statutory body to be set up for the...

3 Mar 2013

He emphasised the 16 per cent increase in government spending over the next financial year, saying it was rare for a government anywhere to be lifting expenditure.

Tsang cannot be faulted for trying hard to plough back no less than HK$33 billion of the anticipated fiscal surplus of over HK$64 billion to those identified by the government as being most in...

If two different forecasts made by our statisticians over the space of just two years can barely get within half a million people of each other for the year 2039 and entirely ignore an external...

So John Tsang Chun-wah lives a frugal lifestyle, drinks tea and watches French movies. Good for him, but that does not make him middle class.

The Community Care Fund is a useful back-door for the government to speedily launch welfare programmes, which would take months or even years to gain approval via the normal channels, its chairman...

In his budget speech on Wednesday, Financial Secretary John Tsang Chun-wah said he would set up a working group to formulate "more comprehensive planning for our public finances".

Never mind how much you earn - even if it is more than HK$300,000 a month as a top government official - if you drink coffee and watch French movies, you're middle class. That was the definition...

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