After the budget was issued, Chen Maobo, the director of the Hong Kong Financial Secretary, reiterated that the issuance of consumer coupons depends on the annual financial situation.
According to the Hong Kong News Agency, Chen Maobo issued a new budget on Wednesday (February 22). He attended the joint forum at night to explain the content of the budget.
Chen Maobo explained the scope of rescue measures this year. He said that Hong Kong recorded a fiscal deficit of HK $ 140 billion (about 23.9 billion yuan).
I was asked about the Hong Kong government issued a 5,000 Hong Kong dollar consumer coupon this year. Whether it will stop in the future, Chen Maobo reiterates that consumer coupons are not feasible for a long time, depending on the annual financial situation considerations;Difficult measures can boost 1%economic growth, and Hong Kong can reach the goal of 3.5%to 5%throughout the year.
Regarding the issue of Hong Kong's fiscal reserves, Chen Maobo said that the government has studied several economic cycles since the return, which is currently a healthy and safe level.In terms of open source, the government has been thinking about research on new taxes.