Tuesday, April 28, 2015   

'Future Fund' necessary, says govt group
(03-03 19:08)

Experts from a government working group on Monday urged the administration to put one-third of its annual fiscal surplus into a new "Future Fund" that could bankroll needed infrastructure developments even if the government is running a deficit.
The Working Group on Long-Term Fiscal Planning said such a fund could grow to over half a trillion Hong Kong dollars by 2041 and that such a massive war-chest was necessary in light of the territory's shrinking population and aging workforce.
The group also stood by its prediction that Hong Kong could start to see a structural deficit within seven years. --RTHK   
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Gifts fair and packaging event draw more exhibitors (04-27 19:36)
Green and refreshing (04-27 19:29)
Youth sent to detention center for Cable TV attack (04-27 18:01)
(Nepal quake) Seven still missing (04-27 13:09)
(Nepal quake) UNICEF HK appeals to donors (04-27 11:24)
(Nepal quake) Oxfam HK appeals for HK$2m (04-27 11:17)
No mail deliveries Friday, but Central post office open (04-27 10:30)
Swire, Sino-Ocean launch open plan shopping complex in Chengdu (04-24 20:24)
Tsang to open Prof Jao Tsung-i exhibit in Beijing (04-24 20:20)

More breaking news >>

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