Financial Secretary Paul Chan delivers his budget speech in the Legislative Council chamber of Wednesday. Photo: Winson Wong
Hong Kong budget: with years of deficits looming, city must find new revenue streams and areas for economic growth, experts warn
- Economists warn city is running structural deficit earlier than had been expected
- Next year’s deficit will hit all-time high of HK$139.1 billion because of one-off relief measures
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Hong Kong budget 2020-2021
Financial Secretary Paul Chan delivers his budget speech in the Legislative Council chamber of Wednesday. Photo: Winson Wong