简介：DespitetheadverseimpactofthebudgetdeficitinHongKonghasbeenalleviatedsincetheeconomicrecoveryfrom2003,thefiscaldeficitmayreturnwhenthereisanotherdownturnintheeconomyiftheproblemisnothandledfundamentally.Basedontheeconomicandpoliticalsituationfrom1998to2003,thefactorsthatleadtothebudgetdeficitinHongKongareanalyzedinfourperspectives,including(a)increaseinpublicexpenditure;(b)decreaseinpublicrevenues;(c)poormanagementofpublicmoneyand(d)weakadministration.Withabetterunderstandingonthesefactors,possiblesolutionstothefiscalproblemfacedbythegovernmentmaybedeveloped.
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