With fourth deficit in five years being estimated to be over HK$100 billion, Chan expected to deliver measures to boost income, cut expenditures and develop new industries.
As total expenditure balloons to HK$760 billion, government urged to take a more targeted approach to spending and stop dishing out universal sweeteners.
Growing number of elderly Hongkongers opting to live across the border, but concern groups say fundamental differences between local and mainland’s healthcare system still a deterrent.