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HK Govt Records Surplus of $11.2B in 2025-26
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The Hong Kong government announced its provisional financial results for the year ended 31 March 2026. Expenditure and revenue amounted to $790.3 billion and $697.5 billion respectively, resulting in a surplus of $11.2 billion after taking into account $156 billion received from issuance of Government Bonds and repayment of $52 billion principal on Government Bonds. Expenditure and revenue for the year were 3.9% ($32 billion) lower and 5.8% ($38.1 billion) higher than the original estimate respectively. The consolidated surplus for the year was $11.2 billion, i.e. $8.3 billion higher than the revised estimate of $2.9 billion, mainly attributable to the higher-than-expected revenue from profits tax ($3.6 billion), stamp duties ($3.1 billion) and land premium ($1.1 billion). The fiscal reserves stood at $665.5 billion as at 31 March. Auto-translated by AI AASTOCKS Financial News |
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