HONG KONG -- Hong Kong on Wednesday announced a new budget with tax cuts, spending vouchers and other measures aimed at boosting an economy hurt by years of pandemic isolation, and repairing the city's international image.
Economy
Hong Kong budget aims to lift COVID-hit economy, halt brain drain
City's financial head says growth forecast to rebound at 3.5% to 5.5% in 2023
Hong Kong is trying to revive an economy hard hit by COVID-19 control measures, which, along with a crackdown on civil liberties, have sparked a serious brain drain in the territory. © Reuters
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