Top Stories published by AllAboutMoney in July of 2017

Hong Kong Govt Hides Its Incomes and Reserves from the Public’s Knowledge of Its Hugeness

中文版

Hong Kong government is rich. While it is a common problem for other governments to find ways to meet their ends, Hong Kong government is so rich…


How does Article 107 of the Basic Law of Hong Kong Work? (1)

中文版

Some clauses of the mini-constitution of Hong Kong concern the economic development of the special administrative region of the Mainland China. Among them, I have been always puzzling about how…


《基本法》第107條其實係咩意思? (1)

English Version

筆者一直很疑惑《基本法》第107條實際上怎樣演繹:

第一百零七條
香港特別行政區的財政預算以量入為出為原則,力求收支平衡,避免赤字,並與本地生產總值的增長率相適應。

表面看來,這條的規定很簡單,大致上是:

(1) 政府預算案應避免赤字,及


政府床下底的月餅盒

English Version

當世界各地政府往往頭痛如何應該赤字,香港政府卻因為錢太多,而要想辦法將收入和儲備藏起來,免得公眾知道政府富有到什麼程度,而爭取更好的公共服務。

香港政府有多富有?

除了千禧年初短暫的赤字以外,政府自2014/15財政年度起,一直錄得財政盈餘。截至二零一七年三月,歷年的財政盈餘已累積成9,540億港元的巨額儲備。一般人很難想像這個天文數字有多大,簡單來說,即使政府兩年內沒有收入,政府仍然可以維持服務而不受影響!不過,這只是…


《基本法》第107條其實係咩意思?(2)

English Version

《基本法》第107條的第二個規定,是政府的「預算」要與本地生產總值增長率「相適應」。這條的中英文版都沒有仔細定義,到底政府的開支抑或收入部份需要與經濟增長相適應,但假設這是指政府開支並不為過,因為收入太多問題不大。

本地生產總值、政府收入及開支增長


How does Article 107 of the Basic Law of Hong Kong Work? (2)

中文版

The second requirement of Article 107 is that the “budget” should “commensurate” with the growth rate of gross domestic productivity (“GDP”). Neither Chinese nor the English version makes it very…

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AllaboutMoney aims at talking about public finance in Hong Kong, including the discussion of government income and expenditure, fiscal surplus and deficits in Hong Kong. Interesting stuffs about economics will also be discussed from time to time.
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