A new fiscal budget in Hong Kong will be released next Wednesday (February 22). Financial officials said that the government cannot promote loose economic policies for a long time.
According to Ming Pao reports, Xu Zhengyu, director of the Hong Kong Finance and Economics and Treasury Bureau, said on Sunday (February 19) in the wireless program, and was asked if he would launch a certain degree of economic boost measures.He said that the government cannot launch a loose economic boost policy for a long time and large -scale. The policy must be relaxed, and the government will balance and take into account both.
Xu Zhengyu also said that there are signs of Hong Kong's economic data, but some industries have not yet fully recovered. Therefore, when tightening the policy, we must maintain stable economic development."The direction.
In addition, Hong Kong's fiscal reserves are now about 12 months of government expenditures. Some political parties suggest to increase football betting taxes to increase government revenue. In this regard, Xu Zhengyu said that the government will continue to view different open source measures, depending on depending on it, depending onComprehensive consideration of people's livelihood and various factors.
