Hong Kong civil servants get flat 2% pay rise amid fiscal prudence
Hong Kong’s top decision-making body has approved a flat 2 per cent pay rise for civil servants this year, citing the need for a prudent approach to managing public finances amid a volatile geopolitical environment. The raise will bring about an extra annual government spending of HK$6 billion (US$765.7 million), according to Secretary for the Civil Service Ingrid Yeung Ho Poi-yan. She said on Tuesday that the adjustment recognised civil servants’ performance, adding that the
Hong Kong’s top decision-making body has approved a flat 2 per cent pay rise for civil servants this year, citing the need for a prudent approach to managing public finances amid a volatile geopolitical environment. The raise will bring about an extra annual government spending of HK$6 billion (US$765.7 million), according to Secretary for the Civil Service Ingrid Yeung Ho Poi-yan. She said on Tuesday that the adjustment recognised civil servants’ performance, adding that the decision followed...
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