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

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

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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