Editorial : New Budget Hamstrung by Circumstances
文章日期:2024年3月1日

【明報專訊】THE GOVERNMENT has published its new Budget with massively reduced sweeteners. Financial Secretary Paul Chan said that it is necessary to keep up the momentum for recovery in the short term and pursue high-quality development in the long term. The full removal of property market cooling measures and the relaxation of banks' mortgage stress tests are expected to stimulate transactions in the short term. However, it remains to be seen whether these moves can play a role in stabilising confidence.

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