On February 28, 2024, the Financial Secretary of Hong Kong, Paul Chan, announced the Special Administrative Region’s (SAR) government budget for the fiscal year 2024 to 2025 (“2024–25 Budget”). Under the 2024-25 budget, total government expenditure is set to rise by 6.7 percent to HK$776.9 billion (US$99.23 billion).
on FebruaRy 28, 2024, ThE fINancIal Secretary oF hOng kong, pAUl chan, AnNOUnCed thE SpecIAl AdmInIstrATive RegioN’s (sar) gOVernmenT bUDGet FOR tHe fISCAL Year 2024 to 2025 (“2024–25 BuDget”). Under tHe 2024-25 budget, Total govErnmeNt expENDiture is Set to Rise By 6.7 PERcent to hk$776.9 BILlioN (Us$99.23 BILlIOn).