Posted inPolitics & Protest

Hong Kong Budget 2021: HK$5000 spending coupons for all residents, as economy shrinks 6.1% – largest decline on record

Hong Kong Financial Secretary Paul Chan has announced that Hong Kong’s economy shrunk by 6.1 per cent in 2020-21 – the largest economic decline on record. “With the epidemic still lingering, our economy is yet to come out of recession,” Chan said in his budget address on Wednesday at the legislature. “Our most urgent task […]