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HK budget reinforces long-term economic development

Published Wed, Feb 25, 2015 · 09:50 PM
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Hong Kong

HONG KONG'S Financial Secretary John C Tsang has pledged to explore new ideas and strive for diversity to help Hong Kong people realise their aspirations in his 2015-16 Budget delivered on Wednesday.

The government of Hong Kong Special Administrative Region will introduce six one-off relief measures amounting to HK$34 billion (S$5.9 billion) in 2015 to help alleviate the financial burden on the public and stabilise the economy, said the official.

The six measures include reducing salaries tax and tax under personal assessme…

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