HK maintains 2025 GDP forecast amid fiscal challenges
發佈日期: 2025-05-11 19:50
TVB News
Financial Secretary Paul Chan said Hong Kong's economy is projected to grow by 2 to 3 percent in 2025, following a 2.5 percent rise in 2024.
The government said it would not revise its full-year GDP growth forecast because of lingering uncertainty in the global outlook, including the tariff situation.
Chan also warns that exports may slow in the coming quarter.
The finance chief said the recent strength of the Hong Kong dollar has led the Monetary Authority to intervene multiple times, with interbank rates plunging to their lowest since 2008.
He noted the lower interest rates are positive for homebuyers and businesses but cautioned that a surge in property prices is unlikely.
He projected the current fiscal year to remain "roughly balanced" and if capital markets stay strong, public coffers may see a surplus.
