Chan Mau-po: The government will only use bond issuance for infrastructure investment and is confident in its ability to repay the debt

The Financial Secretary, Paul Chan, stated that the bond issuance will only be used for infrastructure investment and will not be used for daily operational expenses. The government debt-to-GDP ratio is expected to rise from 14.4% to about 19.9% in five years, which still remains at a very robust level. He is confident that with economic growth and investment returns, the policy will be able to repay the related debts.

Paul Chan also mentioned that geopolitical uncertainties are expected to persist for some time, and he believes that Hong Kong should seize the opportunities brought by challenges. For example, during last year's tariff war, a large amount of capital flowed into Hong Kong, making it a "safe haven."