Media room press release press release 2020 2019 2018 2017 2016 2015 2014 20 2012 2011 2010 all dec nov oct sep aug july june may april march feb jan. Madam speaker, in the 2019 state of the nation address, our president set out an ambitious agenda for our nation. When using your customer id this information may not be changed. The table below shows the main cash and accrual budget aggregates for the australian government general government sector over the period from 201718 to 202223. Statistics provides tax information for citizens, policy analysts, legislators, and the press. Departmental budgets in 2017 18 include amounts carried forward from 201617 through budget exchange. It is the governments vision to entrench hong kongs position.
A budget is a financial plan for a defined period, often one year. Providing your age allows us to give you a more accurate rental estimates. For discussion on 9 january 2017 legislative council panel on. Hksar budget summary 2016 2017 shinewing hong kong. Review of section 604b capital gains tax relief for farm restructuring 2019 ii.
Companies, governments, families and other organizations use it to express strategic plans of activities or events in measurable terms a budget is the sum of money allocated for a particular. The financial secretary for the hong kong special administrative region hksar, john tsang, has delivered his ninth budget on wednesday, 24 february 2016. Thus, the 2014 revision of the budget law opened up formal channels. The uae cabinet, presided over by his highness sheikh mohammed bin rashid al maktoum, uae vice president, prime minister and ruler of dubai, approved the federal budget for the years 20182021 with a total of aed201. Festival, the new year countdown celebrations and the chinese. Paul chan mopo, gbs, mh, jp, the financial secretary of the hong kong sar government delivered the 201718 budget speech today. The hong kong economy expanded at a slower pace in 2016 as global economic. Hong kong budget 2016 2017 the financial secretary, mr john tsang, presented his ninth and probably the last government budget to legislative council on 24 february 2016. Hca 20072019 promotion, encouragement and incitement of the use or threat of violence via internetbased platform or medium. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. Feb 24, 2016 a bleak outlook for hong kongs economic health was outlined in financial secretary john tsang chunwahs ninth budget speech, with growth slowing to between 1 to 2 per cent this year as the. Hong kong has always been an externallyoriented economy, driven by the impact of global economic activities in the past few years, surplus has been recorded in both of the forecast and actual budgets.
A bleak outlook for hong kongs economic health was outlined in financial secretary john tsang chunwahs ninth budget speech, with growth slowing to between 1 to 2 per cent this year as the. Jan 06, 2020 life expectancy at birth in hong kong 2017, by gender. The scottish budget 201920 document details the expenditure set out in the budget scotland no. Secretary of the hksar government emphasized in the budget speech that relief measures are different from recurrent expenditure, and are subject to. The budget was prepared based on a betterthanexpected surplus of hkd30 billion for 201516, mainly due to an increase in stamp duty, profits tax and salaries tax revenue. The 25th hktdc hong kong book fair opened from 1622 july. The surplus will be used to fund tax relief for individuals and business, and boost infrastructure, innovation, education and community services. Here you find a brief summary of the changes introduced by the 2016 government budget to the income, corporation and vat codes income tax the changes to the irs code introduced by the 2016 budget were quite limited due to time constraints which had resulted from the delay in. The 201718 budget comes ahead of a vote next month on who will become the citys next chief executive. Government spending in hong kong increased to 82579 hkd million in the first quarter of 2020 from 75319 hkd million in the fourth quarter of 2019. Hong kong book fair 2020 will be held from 1521 july at hong kong exhibition and convention centre.
The pressure on the governments expenditure increase is tremendous. A budget derived from the old french word meaning purse is a quantified financial plan for a forthcoming accounting period a budget is an important concept in microeconomics, which uses a budget line to illustrate the tradeoffs between two or more goods. The table below shows the main cash and accrual budget aggregates for the australian government general government sector over the period from 2017 18 to 202223. Data are compiled from a variety of sources, including the urban institute, brookings institution, internal revenue service, the joint committee on taxation, the congressional budget office, the department of the treasury, the federation of tax.
To keep you ahead of change, our subjectmatter experts share their insights on how it impacts you as a business, an industry and an individual. Monthly public sector current budget deficit 2014 to 2019. Economic growth picked up further in the third quarter of 2016 to 1. From sara wheelers adventure in antarctic to tim moores travel riding across europe on a bicycle, and from sophie hannahs rewriting of agatha christies legendary detective characters to her poetry work on modern marriage and everyday experiences, the british writers events organised by the british council and the partners. Hong kong, july 3, 2017 acn newswire the 28th edition of the hktdc hong kong book fair will be held from 19 to 25 july at the hong kong convention and exhibition centre hkcec. Index page replies to initial written questions raised by finance. Census and statistics department took part in hong kong book fair.
Even if the musesum is not of interest, head up to take in the view of hong kong. Hong kong book fair 2020 hong kong books multimedia. Jamaicans invited to visit floating book fair in kingston. Total government spending, 405,871, 435,633, 462,052, 470,863, 531,810.
The reserve in 2017 18 reflects allocations made at main estimates and autumn budget 2017. Madam speaker, in the 2019 state of the nation address, our president set. Highlightshong kong budget for fiscal 201617 reuters. All visitors are requested to note the emergency measures under the following situations. Karl samuda fourth left, cuts the ribbon to officially open the floating book fair, the mv logos hope, on thursday february 27, at the carib cement company port in kingston. China was again vulnerable to a downward spiral in economic. The hong kong economy grew modestly in the first three quarters of 2016, by 1. Governments contribution of financing is up to 40% of the approved budget or the.
The hong kong monetary authority museum is located on the 55 th floor and is free to visit. The bill was amended at stage 2 on 6 february 2019 and passed by the parliament on 21 february 2019 to become the budget scotland act 2019. The financial secretary for the hong kong special administrative region hksar, mr. Hong kong budget 2017 strong surplus and a commitment to. Shinewing hong kong hksar budget summary 2016 2017. Government expenditure general revenue account and the funds mobile version. Financial secretary, mr paul chan, explained that he begins his job by asking himself. Carrie lam cheng yuetngor, the then hong kong sar governments chief.
Our coverage includes a commentary and analysis in response to the budget prepared by the deloitte hong kong budget team, led by yvonne law, partner of deloitte china, and a summary highlighting the key proposals. Operating expenditure recurrent expenditure personal emoluments. The following are highlights of hong kongs budget for the 201617 fiscal year starting in april, presented by financial secretary john tsang. British writers events at hong kong book fair 2017. John tsang chunwah, delivered the 201617 budget on 24 february 2016. Hong kong budget 20182019 hong kong budget 20182019 the financial secretary, mr paul chan mr chan, presented his first budget of the currentterm government to the. Restrictions and additional surcharges may apply for underage drivers. Data are compiled from a variety of sources, including the urban institute, brookings institution, internal revenue service, the joint committee on taxation, the congressional budget office, the department of the treasury, the federation of tax administrators, and the organization for economic.
The 201617 land sale programme will include 29 residential sites of which 14 are new ones, eight commercialbusiness sites and three hotel sites. Apr 27, 2016 here you find a brief summary of the changes introduced by the 2016 government budget to the income, corporation and vat codes income tax the changes to the irs code introduced by the 2016 budget were quite limited due to time constraints which had resulted from the delay in forming a government. The uae cabinet approves aed514 billion federal budget. Hong kong government spending 19732020 data 20212022. The uae cabinet approves aed514 billion federal budget for 2018.
Estimates for 201617 the financial secretary estimates the operating expenditure for 201617. It is the fifth and last budget proposal of the current government whos term will expire at the end of june 2012. With the support of the british council, the english reading and creative writing seminar series will return, featuring three british authors. The hktbs revised estimates in 201617 and proposed budget in 201718 invested. The very positive financial result for hong kong has been driven by a boost in revenue from land sales and stamp duty. The 2012 hong kong budget on education the financial secretary of the hong kong special administrative region government has presented his budget proposal on 1 february 2012 for the legislative councils second read.
The book fair will be open from february 27 to march 17. Renowned uk authors to feature at hong kong book fair. Report of the working group on longterm fiscal planning. Budget 2020 distributional analysis of budget 2020 tax and welfare measures. Budget 2019 statement of the minister for finance and public expenditure and reform mr. The pressure on the government s expenditure increase is tremendous. Census and statistics department hong kong, government. Carrie lam cheng yuetngor, the then hong kong sar governments chief secretary for administration, together with hktdc executive director fred lam, were the officiating guests for the fairs opening ceremony on 16 july. Life expectancy at birth in hong kong 2017, by gender. Mark bell minister with responsibility for the ministry of education, youth and information, hon. The financial secretary points out that there is a slowing down of hong kong economy and growing tensions in society. Discount car rental rates and rental car deals budget. Economic outlooks for 2016 forecast gdp growth in real terms at 1% to 2%. Check our page for the latest updates and news on covid19 coronavirus.
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