Men sit on a bench in North Point. The fund will be set up this year to cope with structural deficits likely to emerge within a decade amid an ageing population and a shrinking workforce. Photo: Bloomberg
Lock up Hong Kong future fund for at least 10 years, government advisers say
Working group calls for money to be locked up for at least 10 years and for spending to be allowed only for 'absolutely essential' items
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Hong Kong Budget 2015-2016
Men sit on a bench in North Point. The fund will be set up this year to cope with structural deficits likely to emerge within a decade amid an ageing population and a shrinking workforce. Photo: Bloomberg