Hong Kong has earmarked HK$8 billion for non-recurrent spending on national security despite facing a projected fiscal deficit of HK$101.6 billion in the coming financial year. There are so far no details of what the money will be spent on and it was not mentioned in Financial Secretary Paul Chan’s address to legislators on Wednesday … Continue reading Hong Kong Budget 2021: HK$8 billion earmarked for national security spending despite city facing record deficit