Hong Kong’s finance chief has confirmed an early operating account surplus driven by strong financial market performance and stock trading stamp duty revenue, as he addressed calls for more elderly welfare measures at the first public forum for the coming budget.
Financial Secretary Paul Chan Mo-po vowed on Saturday to make “utmost” efforts to address elderly residents’ concerns over high living costs, while highlighting that authorities had not reduced public spending on the social welfare…
Hong Kong’s finance chief confirms early surplus, vows more elderly support
