Financial Secretary Paul Chan Mo-po at a press conference on February 24 after delivering the budget, which includes HK$5,000 in consumption coupons for every Hongkonger. Photo: Sam Tsang Financial Secretary Paul Chan Mo-po at a press conference on February 24 after delivering the budget, which includes HK$5,000 in consumption coupons for every Hongkonger. Photo: Sam Tsang
Financial Secretary Paul Chan Mo-po at a press conference on February 24 after delivering the budget, which includes HK$5,000 in consumption coupons for every Hongkonger. Photo: Sam Tsang
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

Coronavirus pandemic budgets: the best relief measure would be to take the brake off the economy

  • The global recession is the result of lockdowns that need not be the norm in places, such as Hong Kong, where Covid-19 is not a dire threat
  • Governments are wrestling with handouts when the focus should be on mass vaccination, and testing and travel protocols to boost the economy

Financial Secretary Paul Chan Mo-po at a press conference on February 24 after delivering the budget, which includes HK$5,000 in consumption coupons for every Hongkonger. Photo: Sam Tsang Financial Secretary Paul Chan Mo-po at a press conference on February 24 after delivering the budget, which includes HK$5,000 in consumption coupons for every Hongkonger. Photo: Sam Tsang
Financial Secretary Paul Chan Mo-po at a press conference on February 24 after delivering the budget, which includes HK$5,000 in consumption coupons for every Hongkonger. Photo: Sam Tsang
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David Dodwell

David Dodwell

David Dodwell is the executive director of the Hong Kong-APEC Trade Policy Study Group, a trade policy think tank.