Experts have called for the government to issue more bonds for infrastructure investment ahead of Paul Chan’s budget speech.
Hong Kong is considering issuing more bonds to address a projected deficit of nearly HK$100 billion for the 2024-25 financial year. Experts suggest bond issuance could fund infrastructure investments and bolster dwindling reserves. Financial Secretary Paul Chan Mo-po has indicated openness to this approach, aligning with international norms for megaproject financing.