Hong Kong SAR Government: The comprehensive surplus for the fiscal year 2025 to 2026 is 11.2 billion Hong Kong Dollars.
On April 30th, the Hong Kong Special Administrative Region Government announced the provisional figures for the financial position of the 2025-26 fiscal year.
On April 30, the Hong Kong Special Administrative Region government announced the provisional figures for the financial year 2025-26. The total expenditure and income for the year 2025-26 were HK$790.3 billion and HK$697.5 billion, respectively. After taking into account the proceeds of HK$156 billion from issuing government bonds and the repayment of HK$52 billion in principal on government bonds, a surplus of HK$11.2 billion was recorded.
The provisional figures showed a decrease of 3.9% (HK$32 billion) in expenditure compared to the original budget, while revenue increased by 5.8% (HK$38.1 billion).
The comprehensive surplus for the year was HK$11.2 billion, an increase of HK$8.3 billion compared to the revised budget surplus of HK$2.9 billion. This was mainly due to higher-than-expected revenues from profits tax (increased by HK$3.6 billion) and stamp duty (increased by HK$3.1 billion), as well as land revenue (increased by HK$1.1 billion).
As of March 31, 2026, the fiscal reserves stood at HK$665.5 billion.
A spokesperson stated that all figures are provisional and subject to final settlement in the annual accounts. However, based on past experience, even if there are changes to the provisional figures, the magnitude of the changes is not expected to be significant.
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