Compliance
Hong Kong
Budget 2025
Hong Kong Budget 2025-26: Growth, Innovation, and Business Advancements
Key Takeaways: Hong Kong's economic blueprint, aka Hong Kong Budget 2025-26, was delivered on the 26th of February, effective from April. The fiscal plan aims to foster the city's position on the global front. Sectors like tourism, technology, talent acquisition, and business expansion were taken special care of in the Hong Kong budget. The city is expected to improve its economic projection with an average rate of 2.9% with an underlying inflation rate of 2.5% per year between 2026 to 2029. OASES (Office for Attracting Strategic Enterprises) has attracted strategic enterprises, with 80% planning to establish headquarters in the city. It is anticipated to generate approximately 20,000+ jobs in the coming years. On February 26th, Hong Kong's financial secretary of the Special Administrative Region (SAR) delivered the city's economic blueprint. The budget has come across as a pivotal moment for the present government, as they mark their half-way tenure.
28 Mar, 2025
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