• 11/10/2024

Hong Kong can raise debt-to-GDP ratio to fund major projects, despite risk of structural deficit, top economist says

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Liu Pak-wai, an economics professor and former government adviser, says city’s 6 per cent debt-to-GDP ratio could easily go up to 10 per cent without problems.

https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3251180/hong-kong-can-raise-debt-gdp-ratio-fund-major-projects-despite-risk-structural-deficit-top-economist?utm_source=rss_feed