CPA Australia Urges Measures to Enhance Hong Kong’s Competitiveness in Budget

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HONG KONG SAR – Media OutReach Newswire – 6 February 2024 – Today, CPA Australia submitted a series of recommendations for possible inclusion into Budget 2024-25 to the Hong Kong SAR Government. With an estimated HK$127 billion fiscal deficit for the financial year 2023-24 and HK$708 billion of fiscal reserves, CPA Australia urges the Government to make announcements in the upcoming budget that balance the need to address the deficit with supporting the city’s economic rejuvenation and sustainable development.

https://www.cpaaustralia.com.au/

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About CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 172,000 members in over 100 countries and regions, including more than 22,200 members in Greater China. CPA Australia has been operating in Hong Kong since 1955 and opened our Hong Kong office in 1989. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on issues affecting the accounting profession and the public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at