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Hong Kong’s Finance Leader is expected to deliver his budget speech on February 26 Under mounting pressure to balance books. The post sees the embarrassment involved and the political desire to face financial challenges in the two -part series. Read Part 1 Here.

The news was clear to a group of Hong Kong ministers assembled in Shenzon on a recent Sunday, and Beijing’s point of man’s point in city matters could be considered as the country’s president: be brave and take action.

Sia PowoLong, director of the Hong Kong and Macau Affairs Office, met with Finance Chairman Paul Chan Mo-Po and seven ministers, and to hear plans to restart the city’s dull economy and growth, for the current fiscal at his budget address on February 26, for the current fiscal.

Chia asked senior officials to follow the mindset of President Xi Jinping’s directions The third is pleam The Communist Party – “Dare to break the new land to be brave in reform”.

No. 2 City Officer Eric Chan Kuok-Ki later revealed that Chia was “very concerned about Hong Kong” and believed that the city could be further integrated into national development strategies.

Paul Chan had previously focused on controlling growth at a series of expenses and promoted to the public works track with a shortage of HK’s expected to reach $ 100 billion ($ 12.8 billion) in the fiscal year 2024-25. This figure marked the original forecast of the Double Chan and a series of three years of operating losses.

Many people saw Zia’s methods as an emergency reminder for the Hong Kong administration by quickly releasing bold discoveries to address the shortage and push long -term growth.

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