Public consultation on Budget launched
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     ‚ÄčThe Hong Kong Special Administrative Region Government today (December 17) commenced the public consultation exercise for the 2024-25 Budget.
      
     The Financial Secretary, Mr Paul Chan, said, "This year, Hong Kong's economy has been recovering from the COVID pandemic, and the city has fully resumed convenient travel with the Mainland and the world. The economy is picking up with positive growth, though the strength of recovery has been weaker than was expected at the beginning of this year due to factors such as high interest rates around the globe and geopolitics. Looking to next year, the external environment will remain complex and full of uncertainties. As a small and fully open economy, Hong Kong will continue to face challenges. In preparing for the 2024-25 Budget, we will pursue development for promoting stability, and continue to suitably allocate resources to drive economic growth and bring tangible benefits to the people. We need to make forward planning for Hong Kong’s long-term and sustainable development, to grow the economic pie together and make it better. At the same time, we will strive to achieve more inclusive development so that our residents could better share the fruits of economic progress.
      
     "I invite members of the community to actively express their views on the coming Budget."
      
     Members of the public can share their views through various channels, including visiting the website www.budget.gov.hk or the dedicated Facebook page for the Budget (www.facebook.com/BudgetGovHK), or by email (budget@fstb.gov.hk), phone (2810 3768), fax (2147 5770) or post (Budget Consultation Support Team, 24/F, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong).

Ends/Sunday, December 17, 2023
Issued at HKT 10:00

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