Saturday 17 April 2021
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scmp - 2 month ago

Hong Kong budget: officials quiet on how HK$8 billion earmarked for national security will be spent

Hong Kong will spend HK$8 billion on safeguarding national security despite facing huge deficits in the years to come, but the finance minister has not said how, and on what, the money would be spent.On Wednesday, Financial Secretary Paul Chan Mo-po only said the allocation of the funding had been approved by the city’s leader, Carrie Lam Cheng Yuet-ngor.The item was not mentioned in Chan’s budget speech to lawmakers, but was included in the breakdown of figures contained in separate budget…


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