Fitch confirmed Hong Kong's “AA-” rating and the outlook is stable. Fitch predicts that after Hong Kong's economy recorded 3.2% growth last year, the economy will grow by about 3% this year. The steady recovery of tourism and the gradual stabilization of external demand will support the economic outlook, but Hong Kong's commodity exports will continue to face the negative factors of weak global demand this year. Fitch predicts that the ratio of the Hong Kong government's budget deficit to GDP will fall to around 3.2% in the fiscal year beginning in April 2024.
惠誉确认香港AA-评级 展望稳定
Fitch Confirms Stable Outlook for Hong Kong's AA Ratings
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