On February 25, 2024, Hong Kong’s Financial Secretary delivered the new Budget for the fiscal year, centered on stabilizing the economy, relieving public hardship, and promoting development. Amid heightened global economic uncertainties and an uneven local recovery, the government introduced approximately HK$34 billion in countercyclical measures. These include issuing HK$5,000 electronic consumption vouchers to eligible residents, waiving 100% of salaries tax for the 2023/24 year (capped at HK$3,000), and granting relief on residential property rates. The budget also emphasizes high-quality growth by increasing investment in innovation and technology, green finance, and arts and culture. Plans include issuing green bonds and establishing a digital asset trading platform to reinforce Hong Kong’s status as an international financial hub. While maintaining a prudent fiscal stance, the government aims to restore budgetary balance within the next five years. Overall, the budget strikes a balance between immediate relief for citizens and long-term structural transformation, seeking to boost market confidence, stimulate domestic consumption, and foster sustainable economic growth.
香港特区政府财政司司长于2024年2月25日发表了新一份《财政预算案》，聚焦稳经济、纾民困、促发展三大方向。面对全球经济不确定性加剧及本地经济复苏仍不稳固的挑战，预算案提出总额约340亿港元的逆周期措施，包括向合资格市民发放5,000港元电子消费券、宽减2023/24年度100%薪俸税（上限为3,000港元）以及住宅物业差饷宽免等。此外，政府亦强调推动高质量发展，加大对创科、绿色金融和文化艺术等领域的投入，并计划发行绿色债券及设立数码资产交易平台，以巩固香港作为国际金融中心的地位。同时，预算案重申审慎理财原则，在未来五年力求恢复财政平衡。整体而言，新预算案兼顾短期民生支援与中长期经济转型，旨在增强市场信心、提振本地消费并促进可持续增长。
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