Chan Says Hong Kong May Raise 2017 Growth Estimate, RTHK Reports
- Target to rise 0.5 percentage points, Financial Secretary says
- Government can provide at least 18,000 residential units
Hong Kong city skyline.
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Hong Kong’s government is likely to raise its growth target as the city’s economy expands faster than expected this year, Financial Secretary Paul Chan said, according to RTHK.
The government is likely to raise its full-year growth estimate by 0.5 percentage points from the 2 percent to 3 percent forecast in its annual budget in February after reviewing data in August, Chan said.