Fiscal Budget 2026 | After 42 years, using foreign exchange reserves to transfer HKD 150 billion to support North City. The Monetary Authority: Strongly maintains the stability of the financial system
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The Financial Secretary Paul Chan announced in the "2026 Budget" that HKD 150 billion of foreign exchange reserves will be used to support North Metropolis and other infrastructure projects. This is the first time in 42 years that the foreign exchange fund has been utilized, with an expected annual transfer of HKD 75 billion. The total assets of the foreign exchange fund exceed HKD 4.1 trillion, with a surplus of HKD 780 billion. The Hong Kong Monetary Authority stated that it is confident in maintaining the stability of the financial system. This transfer is a one-time measure and will not affect the stability of the foreign exchange fund
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