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HK Govt: Records $50B Deficit in Apr-Dec 19
The Government announced that expenditure for the period from April to December 2019 amounted to HK$412.4 billion, and revenue HK$356.1 billion, resulting in a cumulative year-to-d...
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HK Govt: Records $50B Deficit in Apr-Dec 19
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2020/01/31 16:54
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The Government announced that expenditure for the period from April to December 2019 amounted to HK$412.4 billion, and revenue HK$356.1 billion, resulting in a cumulative year-to-date deficit of HK$50 billion after receipt of net proceeds of HK$7.8 billion from issuance of green bonds under the Government Green Bond Programme (Green Bond) and repayment of institutional notes of HK$1.5 billion.
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