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Testing compliance check completed

The Government today completed a joint enforcement operation on a compulsory testing notice for CentrePoint in Sheung Wan.   The enforcement action was conducted from around 7am to 10.30am by the Central & Western District Office together with Police, the Department of Health and the Auxiliary Medical Service.   About 90 people’s test records were checked during the operation. Among them, 20 people were found to have violated the compulsory testing notice.   Noting that the enforcement process may cause inconvenience to residents, the Government appealed for their understanding as the operation was conducted to stop the spread of COVID-19. http://dlvr.it/S4kC72

HK economic outlook positive: FS

Hong Kong’s economy is expected to resume a 3.5% to 5.5% growth in real terms this year, though the progress of economic recovery will hinge on the epidemic’s development.   Unveiling his 2021-22 Budget today, Financial Secretary Paul Chan told lawmakers that the economy will still face significant challenges in the first half of the year as cross-boundary and tourism activities take time to resume normal.   However, he said if people work together to control the epidemic and social stability is maintained, the economic recovery will likely gain a stronger momentum in the second half of the year in tandem with an anticipated rebound in the global economy.   On inflation, he expected external price pressures will remain modest, with the projected headline inflation rate and the underlying inflation rate at 1.6% and 1% this year.   The finance chief said in the medium term, Hong Kong will continue to benefit from the Mainland’s ongoing development and the shift in global economic gravity from West to East.   He predicted Hong Kong’s economy will see an annual average of 3.3% growth in real terms from 2022 to 2025, while the underlying inflation rate will average 2%.
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