Financial Secretary expects land sales revenue not sufficient for government infrastructure spending
發佈日期: 2026-01-16 20:43
TVB News
Financial Secretary Paul Chan will deliver the government's Budget next month. He expects that land sales revenue over the next two to three years will still be insufficient to support government infrastructure spending, which means bond issuance is needed.
Financial Secretary Paul Chan attended a special meeting of the Legislative Council's Finance Committee today. He expects geopolitical tensions to continue causing significant volatility in the capital markets, but he remains cautiously optimistic about Hong Kong's economic development and the steady improvement in China's economy.
Some legislators are concerned about whether the new Budget will increase measures to support the middle class.
The FS said he will review whether there is room for adjustments to tax measures such as child tax exemption. But Chan said the stamp duty on stocks will not be reduced.
