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Hong Kong forecasts growth of 3.5 to 5.5 per cent in 2021 with budget to dish out coupons worth HK$5,000 to residents

Hong Kong’s economy is set to bounce back from the devastation wrought by the Covid-19 pandemic to register growth of up to 5.5 per cent in 2021, a boost that will allow the finance chief to dish out coupons worth HK$5,000 to each permanent resident, the Post can exclusively reveal.

Financial Secretary Paul Chan Mo-po is set to deliver the optimistic outlook for the city’s economic recovery during his budget address on Wednesday morning, assuming the successful roll-out of the city’s Covid-19…Hong Kong’s economy is set to bounce back from the devastation wrought by the Covid-19 pandemic to register growth of up to 5.5 per cent in 2021, a boost that will allow the finance chief to dish out coupons worth HK$5,000 to each permanent resident, the Post can exclusively reveal.

Financial Secretary Paul Chan Mo-po is set to deliver the optimistic outlook for the city’s economic recovery during his budget address on Wednesday morning, assuming the successful roll-out of the city’s Covid-19…Read MoreSouth China Morning Post