Hong Kong finance chief Paul Chan has already dropped hints that his hands will be tied by the city’s record budget deficit and shrinking reserves. Illustration: Ka-kuen Lau Hong Kong finance chief Paul Chan has already dropped hints that his hands will be tied by the city’s record budget deficit and shrinking reserves. Illustration: Ka-kuen Lau
Hong Kong finance chief Paul Chan has already dropped hints that his hands will be tied by the city’s record budget deficit and shrinking reserves. Illustration: Ka-kuen Lau
Hong Kong /  Hong Kong economy

Tall order for Paul Chan’s budget: help Hong Kong’s needy, save stricken businesses, revive economy amid Covid-19 pandemic

  • Despite record deficit, shrinking reserves, financial secretary expected to have something for all
  • Some hope budget will help create jobs, spur economy by speeding up major railway, housing projects

Topic |   Hong Kong economy
Denise TsangCannix Yau
Denise Tsang and Cannix Yau

Updated: 2:00pm, 20 Feb, 2021

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Hong Kong finance chief Paul Chan has already dropped hints that his hands will be tied by the city’s record budget deficit and shrinking reserves. Illustration: Ka-kuen Lau Hong Kong finance chief Paul Chan has already dropped hints that his hands will be tied by the city’s record budget deficit and shrinking reserves. Illustration: Ka-kuen Lau
Hong Kong finance chief Paul Chan has already dropped hints that his hands will be tied by the city’s record budget deficit and shrinking reserves. Illustration: Ka-kuen Lau
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