Core Insights - The Hong Kong government reported a fiscal deficit of HKD 18 billion for the first eight months of the fiscal year ending November 30, 2025, with total expenditures of HKD 496.6 billion and total revenues of HKD 371.9 billion [1][2]. Financial Overview - Total expenditures for the first eight months amounted to HKD 496.6 billion, while total revenues were HKD 371.9 billion [1][2]. - The deficit was influenced by the issuance of government bonds, which generated HKD 135.2 billion in revenue and involved the repayment of HKD 28.5 billion in principal [1][2]. - The fiscal reserve as of November 30, 2025, stood at HKD 636.3 billion [1][3]. Revenue and Expenditure Breakdown - Major sources of revenue, such as salaries tax and profits tax, are primarily collected later in the fiscal year, contributing to a reduction in the deficit compared to October [1]. - The revised budget for the fiscal year will be announced alongside the 2026-27 budget [1].
香港特区政府:本财政年度首八个月录得180亿港元赤字
智通财经网·2025-12-31 12:01