2022/23: consolidated deficit is forecast to be $139.8 billion and fiscal reserves are forecast to be $817.3 billion by end March 2023
2023/24: a forecast deficit of $54.4 billion
2024/25 to 2027/28: fiscal surplus is forecast with fiscal reserves estimated at $983.7 billion by the end of March 2028
Profits tax and salaries tax rates to remain unchanged this year
Impose an annual special football betting duty of $2.4 billion on the Hong Kong Jockey Club (HKJC) for 5 years starting from 2023/24. HKJC has undertaken not to reduce its commitment to local charities
Further expand the scope of the Government Green Bond Programme to cover sustainable finance projects, and set up an Infrastructure Bond Scheme to better manage the cash flow needs of major infrastructure projects
Adhere to the fiscal discipline of keeping expenditure within the limits of revenue. Proceeds from bond issuance will not be used for funding recurrent expenditure
