Hong Kong Special Administrative Region officials emphasized that the Hong Kong Government is determined to rectify and save the source of public finances, and gradually recover the government's revenue and expenditure. However, this process must take into account the reality.Undiated ability.
Chen Maobo, the director of the Hong Kong Financial Secretary, said on the blog that during the period of the epidemic, in addition to the use of a large number of resources to resist epidemic and prevention, public expenditure increased rapidly at the same time. At presentGovernment expenditures must enter the rectification period.
Chen Maobo said: "We are determined to rectify and make an open source of public finances, and gradually return the government's income and expenditure to balance. Maintaining the stable public finance is one of the sustainable and stable development of the economic and social.Important key. "
However, he believes that this process must take into account the actual situation, and work together with the full communication with the society to promote it.Undiated ability, as well as the operating conditions of different industries.For the worst group in society, we must ensure that they get appropriate support and basic public services under the social security system.
Chen Maobo emphasized that proper open source and government income are necessary, but Hong Kong is at the stage of fighting for the economy, conspiracy development, attracting enterprises, and gathering talents.The situation, for example, needs to maintain the competitiveness of Hong Kong in the international market, continue to attract enterprises and investment; maintain and consolidate business confidence, do not affect the strength of Hong Kong's economic recovery; maintain the advantages of Hong Kong's simple low tax system; and consider the burden of citizens.
Ming Pao reports that Hong Kong will issue a new fiscal budget on February 28.
Chen Maobo said last month that after the income and debt issuance of 2023 to 24, the comprehensive financial deficit of the SAR government may be expected to be slightly more than 100 billion yuan (Hong Kong dollars, the same below, S $ 17 billion))Compared with the prediction of more than 57 billion yuan in the budget of the budget in the beginning of last year, it was higher."Looking forward to next year, the geopolitical situation is still complex and changing, curbing the speed of Hong Kong's economic growth, and the income related to the asset market is difficult to recover quickly. The opportunity to continue to appear in the next year cannot be wiped out."
