Treasury & Capital Markets /
Covid-19
Hong Kong set to post largest deficit in 20 years
GBA opportunities, vaccine measures, tax incentives key to economic rebound
The Asset
18 Feb 2021
The Hong Kong SAR government will record a HK$282 billion ( US$36.4 billion ) consolidated budget deficit for the fiscal year 2020/21, the largest deficit in 20 years, according to forecasts by KPMG.