Hong Kong dollar banknotes and Financial Secretary John Tsang Chun-wah (inset). Photos: David Wong, K.Y. Cheng Hong Kong dollar banknotes and Financial Secretary John Tsang Chun-wah (inset). Photos: David Wong, K.Y. Cheng
Hong Kong dollar banknotes and Financial Secretary John Tsang Chun-wah (inset). Photos: David Wong, K.Y. Cheng

Cash reserves to dry up in 20 years, finance secretary to warn in budget

Budget speech to contain dire warning of fiscal meltdown due to ageing population, but critics say it's a 'doomsday scenario' and a scare tactic

Hong Kong dollar banknotes and Financial Secretary John Tsang Chun-wah (inset). Photos: David Wong, K.Y. Cheng Hong Kong dollar banknotes and Financial Secretary John Tsang Chun-wah (inset). Photos: David Wong, K.Y. Cheng
Hong Kong dollar banknotes and Financial Secretary John Tsang Chun-wah (inset). Photos: David Wong, K.Y. Cheng
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