Hong Kong 2026-27 Budget: Driving High-quality, Inclusive Growth with Innovation and Finance
Hong Kong SAR’s Financial Secretary, Paul Chan, delivers the 2026-27 Budget today (February 25)--
HONG KONG SAR, Radarseluma.Disway.id - Media OutReach Newswire - 25 February 2026 - Paul Chan, Financial Secretary of the Hong Kong SAR Government, delivered his 2026-27 Budget today (February 25), with a range of initiatives to support and diversify Hong Kong's economic growth, boost innovation and technology (I&T), speed up development of the Northern Metropolis and proactively align with China's National 15th Five-Year Plan.
BACA JUGA: Polres Seluma Ciduk Humas PT SIL, Edarkan Ganja
BACA JUGA:Fenomena Berburu Uang Baru Jelang Idulfitri, Ini Alasan Masyarakat Rela Antre Setiap Tahun
The theme of the 2026-27 Budget, the fourth Budget of the current-term Government, is "Driving High-quality, Inclusive Growth with Innovation and Finance".
"Over the past year, as a result of the booming economy and capital market, our tax revenue has increased. Coupled with the reinforced fiscal consolidation programme gradually bearing fruit, our public finances have improved sooner than expected," Mr Chan said.
The Financial Secretary revealed that Hong Kong's Consolidated Account was expected to register a surplus of $2.9 billion in the current fiscal year, instead of a deficit of about $67 billion as originally estimated. The Operating Account for 2025-26, which was originally estimated to record a deficit of about $3 billion, will register a surplus of $51.3 billion, he said.
It was also confirmed that Hong Kong's economy expanded by 3.5% in 2025, with growth forecast to be between 2.5% and 3.5% for 2026.
Sumber: