LIVE: Hong Kong Budget Address 2021-22

 

 

Introduction

This year's Budget Address comes after the city suffered an economic shrinkage of 6.1% in 2020 due to the coronavirus pandemic. Financial Secretary Paul Chan Mo-po is expected to forecast an economic growth from 3.5% to 5.5%.

Mr Chan will deliver the Budget Address today (Wednesday) at 11am.

His speech will include supporting enterprises and employment, reviving the economy, focusing on land and housing among other things.

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This concludes the live coverage of Hong Kong Budget Address 2021. Stay tuned for more in-depth coverage on our website and social media platforms.

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《The Young Reporter》

The Young Reporter (TYR) is an English news publication produced by international journalism students at Hong Kong Baptist University. It started as a printed magazine in 1969. Today, TYR is produced across different platforms.

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Budget Address 2021: Hong Kong sees 2021 positive GDP growth at 3.5% - 5.5%