efe-epaHong Kong

Hong Kong’s economy is likely to grow by up to 5.5 percent this year depending on the management of the coronavirus pandemic, the city’s financial chief said Wednesday as he unveiled his annual budget.

Under the 2021-2021 budget presented by Financial Secretary Paul Chan, the Hong Kong government will launch HK$120 billion ($1.5 billion) worth of measures to rescue the local economy, which has been heavily affected by the pandemic.   EFE-EPA