Financial Secretary Paul Chan leaves the Legislative Council after delivering his budget speech on February 27. Photo: Bloomberg

Hong Kong’s high cost of living is behind the demand for budget sweeteners, not unwillingness to work hard

  • The elitism of members of the establishment in Hong Kong is evident in their failure to understand why the middle class needs help from the government
Topic |   Hong Kong Budget 2019-2020

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Financial Secretary Paul Chan leaves the Legislative Council after delivering his budget speech on February 27. Photo: Bloomberg
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Financial Secretary Paul Chan expects a fiscal surplus of HK$58.7 billion for 2018-19, down by 57 per cent from the previous year. Photo: Sam Tsang

Hong Kong budget 2019: six key takeaways, from tax relief to help for struggling businesses

  • Financial Secretary Paul Chan presented his budget on Wednesday morning
  • He announced HK$150 billion worth of initiatives and funding in two-hour speech
Topic |   Hong Kong Budget 2019-2020

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Financial Secretary Paul Chan expects a fiscal surplus of HK$58.7 billion for 2018-19, down by 57 per cent from the previous year. Photo: Sam Tsang
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