Financial Secretary Paul Chan will be under pressure for one-off giveaways in his budget this month. Photo: David Wong

Hong Kong government’s problem is not deficits but structural surplus, say economists

Annual surplus likely to be just shy of HK$160 billion by the end of financial year, source suggests, as pressure mounts on financial chief for budget giveaways

Topic |   Hong Kong Budget 2018-2019

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Financial Secretary Paul Chan will be under pressure for one-off giveaways in his budget this month. Photo: David Wong
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Olga Wong

Olga Wong

Olga Wong has focused on covering the environment, housing, urban planning and the ageing population at the Post since 2007. Her award-winning stories exposed loopholes in the Small House Policy and developers' unscrupulous sales tactics. She also worked at Ming Pao and was awarded the Best Young Reporter by the Newspaper Society of Hong Kong in 2001.

Jeffie Lam

Jeffie Lam

Jeffie writes predominantly about Hong Kong politics, but is also interested in social welfare issues, such as the city's ageing population and elderly care. She joined the Post in 2013 after beginning her career as a political reporter in 2009. In 2016, she won the English features merit prize in the 20th Human Rights Press Awards.