The Financial Secretary Paul Chan presented his 2021-2022 Budget Speech to the Legislative Council on 24 February.
He was doing so against the backdrop of a pandemic-ravaged economy that has plunged into recession and depleted fiscal reserves, which have shrunk by nearly 30% over the year. The good news is that Hong Kong is launching a mass vaccination programme, which could be a game-changer in the battle against the virus. Can the latest Budget help Hong Kong find its footing after the coronavirus-induced recession? Has the FS done enough to help the economy become more resilient and competitive?
Join us on 9 March when Louis Kuijs, Head of Asia Economics at Oxford Economics; Heiwai Tang, Professor of Economics at the University of Hong Kong; Tony Miller, Chairman of the Chamber's Economic Policy Committee; and Alice Leung, Chairman of the Chamber's Taxation Committee, will share their insights on the Budget.