Posted inHong Kong

Hong Kong Budget 2021 Reactions: Praise for coupon stimulus plan but calls for more help for the unemployed

Hong Kong Financial Secretary Paul Chan announced the budget for 2021-22 on Wednesday. The city’s economy has been hit hard by the pandemic, recording a deficit of HK$257.6 billion in the current fiscal year, with the economy shrinking by 6.1 per cent. In addition to a series of tax deductions and subsidies to businesses and […]