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CS promotes support for DC election

With only 11 days left before the District Council (DC) election, Chief Secretary Chan Kwok-ki and Secretary for the Civil Service Ingrid Yeung today visited the Queensway Government Offices to promote the election to colleagues and urge them to vote with family and friends on December 10.   Also joining the visit were representatives from the four civil service central consultative councils and the four major service-wide staff unions.   Mr Chan said civil servants are determined to organise a decent DC election and have encouraged colleagues to vote together with friends and relatives, so as to discharge their civic responsibility as well as support and accomodate the Government's governance.   “I have visited and talked to colleagues from various government departments in the hope of continuing to widely disseminate the important message of supporting the DC election and voting together among civil servants,” he added.   The DC geographical constituencies, inform

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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