2020/21 Hong Kong Budget - News & Discussion

[shri]

Paul Chan will be announcing the budget for 2020/21, following a rather eventful year...

How much did he miss last year's forecast by. I am assuming we'll be forgiving this year, given that HK has seen more than its fair share of screwups.

How many times will he use fintech/virtual banks/5G as technology catalysts which will completely change the face of HK's economy?

How much cash will he transfer to the cologmerates who control property, hospitality, retail and tourism sectors, because they're all going to start manufacturing masks?

Other bets -
[List deleted - My cynicism is probably uncalled for...]

Budget will be published online, as he speaks...

https://www.budget.gov.hk/2020/eng/index.html

Live streamed on

https://webcast.info.gov.hk/revamp/eng/index.html

[shri]

Meanwhile, I just saw this updated from Politico...

The Trump administration on Monday night is sending to Capitol Hill its $2.5 billion supplemental budget request for additional money to fight the coronavirus.

The package proposes using untouched money that has not been used, like unspent funds for Ebola, as well as new money, totaling over $2 billion, according to a person familiar with the supplemental package.

Over $1 billion will go toward vaccine development and the other money will give HHS the flexibility to spend the cash as it sees fit, from stockpiling masks to paying for diagnostics.

[David4Maths]

Meanwhile, I just saw this updated from Politico..

Over $1 billion will go toward vaccine development and the other money will give HHS the flexibility to spend the cash as it sees fit, from stockpiling masks to paying for diagnostics..

Or build the wall because that will REALLY work.

[Mr Chips]

Were there any cash handouts? Any relief for SMEs? I literally can't find anything?

[Mr Chips]

Original Post Deleted

[Trebor]

Get back in your box Chips!

What time is kick off?

[kimwy66]

Get back in your box Chips!

What time is kick off?

11am

[East_coast]

Blame for the independence protesters, the dissident health care workers, foreigners etc

So they will have to hand out money in a totally clueless and arbitrary way apart from concessions to big business so they can lay off people with a cleaner conscience.

[Firemin]

Predictions:

Bribes for voters (sorry, cash hanouts for the needy/affected) lauded as ideas proposed solely by DAB etc
Measures to support all affected cartel businesses (fast track Lantau tomorrow???, targeted crackdown on Uber etc)
Sorry, cannot dip into the cash reserves, we need it for emergencies/rainy days (next currently predicted rainy day is 1 July 2047)

[shri]

First handout ... (roughly translated at 10K per 'citizen', I assume PR)

https://twitter.com/caijingxiang/sta...93924092018688