Hong Kong government reports HK$18 billion deficit for first eight months of 2025-26, fiscal reserves remain strong

Contributing sentiments towards policy:

54% : After taking into account proceeds of HK$135.2 billion from the issuance of Government Bonds and the repayment of HK$28.5 billion in bond principal, the Government recorded a relatively modest cumulative deficit of HK$18 billion, reflecting both sustained investment in people's livelihood and infrastructure, and the timing of major tax receipts.
52% : During the period, total government expenditure amounted to HK$496.6 billion, while revenue reached HK$371.9 billion.
48% : A Government spokesperson noted that the deficit for the period to end-November was smaller than that recorded for the period to end-October, mainly because key revenue items such as salaries tax and profits tax are typically collected towards the latter part of a financial year.

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