Emphasizing fiscal sustainability and economic recovery, the Budget 2025-26 sets the foundation for a resilient and competitive Hong Kong.

Hong Kong will cut government spending by 7 per cent over the coming three years, Financial Secretary Paul Chan has announced in his 2025 budget speech, as the city logged an estimated HK$87.2 billion deficit.

Hong Kong’s technology enterprises are set to benefit from the city’s annual budget as the government plans to roll out investments in artificial intelligence research.