Hong Kong's fiscal deficit of nearly HK$100 billion is "not a big deal" for an economy its size, The Standard reported Tuesday, citing Hong Kong and Macau Affairs Office Deputy Director Wang Linggui.
Wang cited Hong Kong's gross domestic product growth of more than 2% in 2024, the report said.
The official also cited Beijing's 100 measures for the city, including an expansion of China's multi-entry visas for Hong Kong, the report said.
The visas, only applicable for residents of neighboring Shenzhen, will be expanded to other cities, the report said.
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