Financial Secretary Paul Chan said the government would not cut spending despite the pressure of an economic downturn. Photo: Winson Wong

Financial Secretary Paul Chan warns of deficit as Hong Kong government earns less amid protest crisis but continues to boost relief spending

  • Government originally estimated a surplus of HK$16.8 billion but the city has spent more and earned less during months of protests
  • Chan points to reserve of more than HK$1.1 trillion and says ‘fiscal position is still sound’
Topic |   Hong Kong protests

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Financial Secretary Paul Chan said the government would not cut spending despite the pressure of an economic downturn. Photo: Winson Wong
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