Hong Kong cutting 10,000 civil service jobs – is it enough to turn its finances around?


HONG KONG: Hong Kong’s government workers will bear the brunt of the biggest cuts in the finance chief’s bid to balance the books as the city braces itself for a fourth straight year of deficit.

Financial Secretary Paul Chan (pic), in his Budget speech on Feb 26, announced that 10,000 civil service jobs would be axed by 2027.

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Hong Kong , budget , jobs , civil services , finances

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