Raising service charges needed for Hong Kong’s financial health, experts say

Raising service charges needed for Hong Kong’s financial health, experts say

Hong Kong authorities should consider gradually raising some service charges to a cost-recovery level for the government’s long-term financial health despite the move not having an immediate effect on the nearly HK$100 billion (US$12.8 billion) deficit, experts have said. Experts on Monday pointed to immigration charges such as visa and passport fees and illegal parking…

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