Chen Maobo, the director of the Hong Kong Financial Secretary, believes that Hong Kong has recovered after the crown disease, but the speed is slower than expected.
Chen Maobo said on Friday (October 27) on Radio Hong Kong's Radio program that this year's economic environment is not good. Although Hong Kong has recovered after the epidemic, the speed is slower than expected.Without income, the deficit is higher than the original budget, and it may exceed 100 billion Hong Kong dollars (about S $ 17.5 billion).
He believes that the economic cycle is high or low, and the most important thing is to continue to work hard to develop the economy.
Chen Maobo said in the topic of comments that the rise in property prices is affected by many factors, including supply and demand, market atmosphere, how everyone thinks of economic development, etc. The SAR government does not guess.
