Budget Consultation Starts

The Government today launched the public consultation exercise for the 2021-22 Budget.

Financial Secretary Paul Chan said from the middle of last year until now, Hong Kong has been hit consecutively by social incidents and the COVID-19 epidemic, adding that the economy has plunged into a deep recession.

He said the overall economy, different industries and the general public have been under immense pressure and that the short-term outlook continues to be full of challenges.

When preparing the 2021-22 Budget, the Financial Secretary will maintain countercyclical fiscal policy to ease the pressure of the economic downturn on the public, various industries and businesses, and to protect the economy.

At the same time, he will focus on the future and get prepared for reviving our economy and promoting development after the epidemic.

“I would like to invite all sectors of society to provide valuable views on the coming Budget, and hope to join hands with you all to ride out the storm and build a brighter future."

People can give their views via the website or by email.