Financial Secretary Paul Chan delivers his 2020/21 budget, as he looks to head off the economic effects of months of social unrest and the coronavirus epidemic. Photo: Winson Wong

Tax breaks, goodies in HK$120 billion package aimed at keeping ‘still fertile’ Hong Kong afloat through social unrest and coronavirus outbreak

  • Financial Secretary Paul Chan unveils the most difficult and politically charged spending blueprint of his career, headlining it with HK$10,000 cash handout
  • City’s fiscal reserves forecast to shrink to HK$937.1 billion by March 2025 from about HK$1.13 trillion, but Chan stands his ground on spending big
Topic |   Hong Kong budget 2020-2021
Financial Secretary Paul Chan delivers his 2020/21 budget, as he looks to head off the economic effects of months of social unrest and the coronavirus epidemic. Photo: Winson Wong
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