Hong Kong Finance Chief's Advice for Public Institutions on Financial Sustainability
Wednesday, 6 March 2024, 15:55
Hong Kong Finance Chief Advises on Financial Management
In a recent speech, Financial Secretary Paul Chan emphasized the importance of sustainable financial practices for public institutions in Hong Kong. He specifically highlighted the utilization of bank loans and capitalizing on land rights as viable options for generating revenue.
Key Points:
- Bank Loans: Chan suggests exploring bank loans as a source of financial support.
- Land Rights: Emphasizes leveraging land rights to maximize revenue streams.
By implementing these strategies, public institutions can enhance their financial stability and ensure long-term viability in challenging economic scenarios.
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.