HONG KONG: Chief Executive of China’s Hong Kong Special Administrative Region (HKSAR) Carrie Lam said that more relief measures will be rolled out soon to help businesses and residents weather out economic hardship, following three rounds of such policies adopted during the past months.As available data has shown a grim economic outcome, the HKSAR government will closely monitor the situation and carry out new relief measures, Lam told a press conference yesterday.
Despite possible fiscal deficits in the coming one or two years, it is high time the HKSAR government made full use of the wealth and surplus accumulated in the past to relieve the burden on residents, Lam said.