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  Budget Speech
  Economic Outlook

78.     Although Hong Kong's economy is expected to maintain solid growth this year, we still have to be alert to certain risks and variables such as oil prices, US dollar exchange and interest rates, geopolitical uncertainties, and whether the global and Asian economies can maintain their anticipated steady growth this year.  In the long term, we still have to face stiff competition from neighbouring economies and as brought about by rapid globalisation.  I hope that the foregoing measures, which aim at consolidating economic development, promoting equity and a sustainable society, can help reinforce our strengths and competitiveness, thereby fostering our economic growth.

 

 

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2004 | Important notices
Last revision date : 16 March, 2005