PANews reported on January 11 that Hong Kong Financial Secretary Paul Chan Mo-po released a statement disclosing that the new fiscal year's Budget will be deliveredPANews reported on January 11 that Hong Kong Financial Secretary Paul Chan Mo-po released a statement disclosing that the new fiscal year's Budget will be delivered
Hong Kong Financial Secretary Paul Chan: The new fiscal budget will be delivered on February 25.
PANews reported on January 11 that Hong Kong Financial Secretary Paul Chan Mo-po released a statement disclosing that the new fiscal year's Budget will be delivered on February 25. Benefiting from a robust financial market, overall revenue, including stamp duty, has increased, allowing the Hong Kong SAR government to return to a surplus in its operating accounts ahead of schedule. However, with increased investment in public works projects, the capital account will still record a deficit this year. Chan previously responded to suggestions regarding a gold-linked stablecoin, stating that stablecoins will be developed gradually, and after completing the first step, suggestions to link to gold or other assets will be considered, emphasizing the need for careful handling.
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