Rare move to take income out of Exchange Fund to pay for HK's Northern Metropolis, other big projects


The Hong Kong government has produced a consolidated surplus earlier than expected, its first in four years, ahead of a rare transfer into coffers from the Exchange Fund and other sources.

Wednesday’s budget pointed to fund transfers of HK$127.83 billion (US$16.35 billion) and an 11.1 per cent jump in government revenues contributing to another surplus for 2026-27, on top of the one for the 2025-26 financial year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Myanmar's rebuild stutters year after deadly quake
Address root causes of Middle East conflict, Malaysia says at UNHCR meet
Cambodia court upholds 14-years jail for journalists over border photo
Boy, 7, is youngest professional rally car driver in China, starting race journey at age 1
K-idol Heeseung ‘a bit sorry’ after splitting from Enhypen
Visa-free travel, rising foreign visitors boost luxury hotel growth in China
Laos delivers emergency aid after over 2,000 households hit by rare hailstorm in Vientiane
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Foul odour leads to discovery of three bodies in Merbok home
South-East Asia revisits nuclear power plans for AI data centres as Iran war disrupts energy supplies

Others Also Read