In the Media

Hong Kong is facing with a persistent fiscal deficit, with projections suggesting a staggering shortfall of HK$94.8 billion for the 2024–25 fiscal year. Financial reserves are expected to drop to HK$639.8 billion, largely due to a sluggish real estate market that has significantly reduced land sale revenues. Meanwhile, public spending continues to rise, particularly in healthcare, social welfare, and civil service salaries. To address these challenges, the government has turned to silver and green bonds as a solution for managing the funding issue and the deficit.