, Hong Kong

Hong Kong posts $1.5bn deficit

Scheme $6,000.expenditure boosted the deficit.

Government expenditure in November amounted to $48.65 billion, with $47.18 billion in revenue recorded.

The $1.46 billion deficit brought the net surplus for the eight months ending November down to $21.2 billion.

The Financial Services & the Treasury Bureau said the month's deficit was mainly due to expenditure under Scheme $6,000.

View the full story here.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

HKUST, CalmCar launch physical AI innovation centre
The centre will focus on physical AI technologies for autonomous driving, robotics, and smart manufacturing.
Hong Kong ranks 13th in global talent cities index
Leading cities remain key hubs for capital, talent, and decision-making despite rising talent and operating costs.
Economy
Hong Kong signs 43 deals with Kazakhstan firms
The agreements cover aviation, finance and trade, innovation and technology, among others.
Economy