Four measures are needed in this budget to increase recurrent revenue to support socially desirable measures in the short term and a stable fiscal situation in the longer term. Photo: AFP
Philip Bowring
Opinion

Opinion

Philip Bowring

Short of a budget deficit shock, here’s how to ensure Hong Kong spends money more wisely

  • Philip Bowring says years of huge surpluses have allowed government incompetence to continue unchecked, wasting money on needless capital investment. With budget season coming around again, here are four measures to improve this year’s plan

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Four measures are needed in this budget to increase recurrent revenue to support socially desirable measures in the short term and a stable fiscal situation in the longer term. Photo: AFP
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