CPA Australia Urges Measures to Enhance Hong Kong’s Competitiveness in Budget

HONG KONG SAR – Media OutReach Newswire – 6 February 2024 – Today, CPA Australia submitted a series of recommendations for possible inclusion into Budget 2024-25 to the Hong Kong SAR Government. With an estimated HK$127 billion fiscal deficit for the financial year 2023-24 and HK$708 billion of fiscal reserves, CPA Australia urges the Government to make announcements in the upcoming budget that balance the need to address the deficit with supporting the city’s economic rejuvenation and sustainable development.