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Hong Kong GDP to grow 3.5%-5.5% in 2023 - financial sec

Published 02/21/2023, 10:14 PM
Updated 02/21/2023, 10:16 PM
© Reuters. FILE PHOTO: Residential buildings at Western district and the ICC office tower on the opposite Kowloon Peninsula are seen in Hong Kong February 23, 2011. REUTERS/Bobby Yip

© Reuters. FILE PHOTO: Residential buildings at Western district and the ICC office tower on the opposite Kowloon Peninsula are seen in Hong Kong February 23, 2011. REUTERS/Bobby Yip

HONG KONG (Reuters) - Hong Kong's economy is expected to grow 3.5%-5.5% this year after shrinking 3.5% in 2022, as it leaves behind COVID-19 restrictions that had isolated the city from the rest of the world, Financial Secretary Paul Chan said on Wednesday.

Chan gave the forecast while announcing the financial hub's 2023/24 budget in the Legislative Council.

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