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Kung Hei Fat Choi!

Today is the sixth day of the Chinese New Year. I wish you good health, vitality, prosperity, and success in all endeavours in the year ahead. The 2026-27 Budget will be delivered this Wednesday. I would like to express my sincere gratitude to members of the public, as well as businesses and organisations from various sectors and backgrounds, for their valuable views and suggestions submitted during this period. We share a common aspiration for Hong Kong’s continued progress and enhanced support for different communities. The current-term Government has been making great strides to drive the economy forward and improve people’s livelihood, responding to the aspirations of the community.

The 2026-27 Budget will be delivered on February 25.

However, the strategies and pathways for achieving our goals – and the allocation of resources – are often shaped and constrained by current realities. We must set priorities, and difficult choices may have to be made. We have listened carefully to views and ideas from the community, and have adopted a holistic approach in preparing the Budget. In our proposals, we have sought to strike an appropriate balance among competing needs and considerations.

Building on the sustained economic growth recorded last year, Hong Kong has made a good start this year. Nevertheless, amid a volatile external environment and uncertainties arising from economic transformation, we must exercise fiscal prudence. We will take into account the needs of our society in the short, medium and long term, while maintaining adequate reserves to meet unforeseen circumstances.

The colour of this year’s Budget cover is purple, symbolising Hong Kong’s strengthening economic momentum amid a rapidly changing external environment. Let us work together, with unwavering dedication, to advance higher-quality, more inclusive social and economic development for Hong Kong.

February 22, 2026