Hong Kong's Budget Deficit Nears End After Two Decades

Hong Kong is approaching the conclusion of its longest period of budget deficits in 20 years. Bloomberg posted on X, highlighting that despite this financial milestone, the city remains cautious about its economic outlook. The prolonged deficits have been a significant challenge for Hong Kong, impacting various sectors and influencing fiscal policies. The city's government has been working to address these deficits through strategic financial planning and adjustments source: https://www.binance.com/en/square/post/294942113357137?utm_source=BinanceNewsRSS