Highlights of the Hong Kong Budget 2024-25: Treasury Chief's Vision for Bond Issuance Plan

Thursday, 29 February 2024, 14:43

The Hong Kong treasury chief has proposed a strategic plan involving HK$600 billion in bond issuance with built-in safeguards. The aim is to achieve a budget surplus for the 2025-26 financial year, with the issuance of silver, green, and infrastructure bonds over the next five years.
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Highlights of the Hong Kong Budget 2024-25: Treasury Chief's Vision for Bond Issuance Plan

Overview

The Hong Kong treasury chief revealed plans for a HK$600 billion bond issuance strategy, emphasizing the importance of financial safeguards. The goal is to achieve a budget surplus in the upcoming fiscal year.

Bond Issuance Strategy

  • Silver bonds will be part of the issuance plan to enhance financial stability.
  • Green bonds will focus on sustainable projects for environmental preservation.
  • Infrastructure bonds will be utilized to boost critical development projects for the region's advancement.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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