Breaking down the key figures in Hong Kong 2026-27 budget

South China Morning Post · Feb 26, 2026 · Collected from RSS

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A deep dive into the data from Hong Kong finance chief Paul Chan’s latest budget announcement, looking at the government’s growing revenue and increasing investment in infrastructure.

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South China Morning Postabout 4 hours ago

Long-term gains worthwhile, Paul Chan says as Hongkongers slam lack of budget sweeteners

Hong Kong’s financial chief has defended his latest budget against public criticism over the lack of sweeteners, stressing that the government must balance its finances with long-term investments for the city’s benefit. Financial Secretary Paul Chan Mo-po said on Thursday he would brief credit-rating agencies and the International Monetary Fund next month on his budget, including the proposed HK$150 billion (US$19.2 billion) transfer from the Exchange Fund to support infrastructure projects. His...

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Rare move to take income out of Exchange Fund to pay for Northern Metropolis, other big projects

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South China Morning Postabout 22 hours ago

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South China Morning Post1 day ago

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South China Morning Post1 day ago

‘Steady as she goes’ as Hong Kong bids farewell to deficits

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Breaking down the key figures in Hong Kong 2026-27 budget

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Long-term gains worthwhile, Paul Chan says as Hongkongers slam lack of budget sweeteners

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Breaking down the key figures in Hong Kong 2026-27 budget

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Long-term gains worthwhile, Paul Chan says as Hongkongers slam lack of budget sweeteners

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‘Steady as she goes’ as Hong Kong bids farewell to deficits

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South China Morning Postabout 4 hours ago
Long-term gains worthwhile, Paul Chan says as Hongkongers slam lack of budget sweeteners
Hong Kong’s financial chief has defended his latest budget against public criticism over the lack of sweeteners, stressing that the government must balance its finances with long-term investments for the city’s benefit. Financial Secretary Paul Chan Mo-po said on Thursday he would brief credit-rating agencies and the International Monetary Fund next month on his budget, including the proposed HK$150 billion (US$19.2 billion) transfer from the Exchange Fund to support infrastructure projects. His...

South China Morning Postabout 6 hours ago
Hong Kong budget: everything you need to know from tax breaks to a big bet on AI
We have put together stories from our coverage of Hong Kong’s 2026-27 budget. If you would like to see more of our reporting, please consider subscribing. 1. Budget reveal: government turns matchmaker with stronger hand in shaping economy Hong Kong’s finance chief on Wednesday lived up to his credentials as a chartered accountant when he produced a surprisingly robust budget, flush with surpluses and full of initiatives to be funded through substantial means at his disposal. 2. Here is how you...

South China Morning Postabout 17 hours ago
Rare move to take income out of Exchange Fund to pay for Northern Metropolis, other big projects
The Hong Kong government has produced a consolidated surplus earlier than expected, its first in four years, ahead of a rare transfer into coffers from the Exchange Fund and other sources. Wednesday’s budget pointed to fund transfers of HK$127.83 billion (US$16.35 billion) and an 11.1 per cent jump in government revenues contributing to another surplus for 2026-27, on top of the one for the 2025-26 financial year. “We will bring back about HK$15.8 billion from funds established outside the...

South China Morning Postabout 22 hours ago
Paul Chan’s new budget sets aside HK$30 billion to kick-start Northern Metropolis
Hong Kong’s finance chief has set aside HK$30 billion (US$3.8 billion) to kick-start the Northern Metropolis in his latest budget, aiming to accelerate the megaproject through the government’s partnership with developers and tech enterprises. Financial Secretary Paul Chan Mo-po announced on Wednesday that three companies overseeing the Hetao Hong Kong Park, the San Tin Technopole and the Hung Shui Kiu Industrial Park, all part of the megaproject, would each receive HK$10 billion, using...

South China Morning Post1 day ago
Here is how you and businesses will benefit from Hong Kong budget sweeteners hike
Hong Kong authorities will offer sweeteners of about HK$22 billion (US$2.8 billion) to residents and businesses, up from HK$7.8 billion last year, as public coffers are set to pivot from a deficit to a surplus. Financial Secretary Paul Chan Mo-po on Wednesday announced a raft of tax concessions and allowances in his annual budget, almost three times what was offered last year. “Hong Kong’s economy shows steady and stable progress, but there are still imbalances and insufficiencies during...

South China Morning Post1 day ago
‘Steady as she goes’ as Hong Kong bids farewell to deficits
Hong Kong raised its economic growth forecast to between 2.5 per cent and 3.5 per cent this year, as Financial Secretary Paul Chan delivered a budget speech focused on diversifying growth and boosting innovation. The city also will end deficits ahead of schedule, aided by economic growth and stronger stock trading, with an expected consolidated surplus of HK$2.9 billion for the financial year ending next month, Chan said on Wednesday. The government initially predicted expansion of 2 per cent to...