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The Financial Services and the Treasury Bureau (FSTB) is a part of the 15 policy bureaux for the Hong Kong Special Administrative Region. They are responsible for developing and executing government policy on finance and treasury .
On February 28, 2024, the Financial Secretary of Hong Kong, Paul Chan, announced the Special Administrative Region’s (SAR) government budget for the fiscal year 2024 to 2025 (“2024–25 Budget”). Under the 2024-25 budget, total government expenditure is set to rise by 6.7 percent to HK$776.9 billion (US$99.23 billion). [3]
The Financial Secretary is the title held by the Hong Kong government minister who is responsible for all economic and financial matters (“Department of Finance” per Article 60 of the Basic Law). The position is among the three most senior Principal Officials of the Government, second only to the Chief Secretary in the order of precedence ...
Financial Services and the Treasury Bureau: Style: The Honourable: Appointer: Central People's Government nomination by Chief Executive: Inaugural holder: Rafael Hui Secretary for Financial Services Frederick Ma Secretary for Financial Services and the Treasury: Formation: 1 July 1997 1 July 2002: Salary: HK$4,021,200 per annum [1] Website: FSTB
Government Secretariat view in Tamar Park. The Government Secretariat (Chinese: 政府總部) is the collective administrative headquarters of the Government of Hong Kong.It is collectively formed by the offices of the Chief Secretary and of the Financial Secretary as well as thirteen policy bureaux.
This is a list of government agencies of the Hong Kong Government. The policies of the government are formulated decided by the bureaux led by secretaries and permanent secretaries are discussed in the Executive Council and implemented by the departments and agencies.
Deputy Financial Secretary was created by 1945 during the British colonial rule. The position was renamed to Secretary for the Treasury in 1989. [1] In 2022, John Lee, after being selected as the new Chief Executive, decided to install the position of Deputy Financial Secretary. The position was officially revived on 1 July 2022 after his ...
The Office of the Government Economist (OGE), formerly known as the Economic Analysis and Business Facilitation Unit, of the Hong Kong government was formed under the Financial Secretary's Office on 1 June 2004, when the HKSAR Government merged the Economic Analysis Division (under the Financial Services Branch of the Financial Services and the Treasury Bureau) and the Business Facilitation ...