Thursday 25 February 2021
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scmp - 3 days ago

Hong Kong finance minister banking on green shoots of economic recovery lying in environment, sustainable development, says source

Hong Kong’s finance minister is banking on the city’s economic recovery lying in the creation of a green ecosystem, a source has told the Post, and residents should expect fewer sweeteners in Wednesday’s budget.Battling an estimated deficit of up to HK$300 billion (US$38.5 billion), Financial Secretary Paul Chan Mo-po is expected to temper expectations over any cash handout, and instead focus on securing a slice of the green finance pie, which was worth an estimated US$350 billion globally last…


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