Hong Kong government’s problem is not deficits but structural surplus, say economists

Published: 12/02/2018
Hong Kong government’s problem is not deficits but structural surplus, say economists
Source: WWW.SCMP.COM

Hong Kong is set to reap a bumper budget surplus this year as experts warn of a structural surplus problem, with HK$120 billion already in the bag and the final figure likely to be just shy of HK$160 billion by the end of March, according to figures obtained by the Post. The massive projected surplus, at least seven times the original estimate of HK$16.3 billion for 2017-18, has reignited cri

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