Convenor of ExCo Non-official Members speaks on Budget
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Following are the remarks by the Convenor of the Non-official Members of the Executive Council (ExCo), Mrs Regina Ip, at a media session on the 2026-27 Budget in the Legislative Council Complex this afternoon (February 25):
Reporter: Mrs Ip, are you satisfied with the scale of the relief measures proposed in this Budget, particularly the support for the middle class? Secondly, whether the investment in Hong Kong's long-term growth, for example AI and IT, is sufficient?
Convenor of ExCo Non-official Members: I think the Financial Secretary has very rightly identified technology and finance as the key drivers of Hong Kong's growth, in particular artificial intelligence. As for support for the people, the Government will increase support for the elderly, as well as increase allowances for the middle class, in the form of dependent parent, single parent and child allowance/deduction. I think within the fiscal constraints, the Financial Secretary has put forward a highly comprehensive Budget, which is pro-growth and also takes care of our people in need.
(Please also refer to the Chinese portion of the remarks.)
Ends/Wednesday, February 25, 2026
Issued at HKT 17:52
Issued at HKT 17:52
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