Source: Hong Kong Government special administrative region
The Government announced today (February 27) its financial results for the 10 months ended January 31, 2026.
Expenditure and revenue from April 2025 to January 2026 amounted to HK$627.3 billion and HK$614.9 billion respectively, resulting in a surplus of HK$87.9 billion after taking into account HK$142.3 billion received from issuance of Government Bonds and repayment of HK$42 billion principal on Government Bonds. The fiscal reserves stood at HK$742.2 billion as at January 31, 2026.
Taking into account the forecast revenue and expenditure for the remaining two months, the surplus for the 2025-26 financial year is expected to be HK$2.9 billion and the fiscal reserves are estimated to be HK$657.2 billion as at the end of March 2026.
Detailed figures are shown in Tables 1 and 2.
Expenditure and revenue from April 2025 to January 2026 amounted to HK$627.3 billion and HK$614.9 billion respectively, resulting in a surplus of HK$87.9 billion after taking into account HK$142.3 billion received from issuance of Government Bonds and repayment of HK$42 billion principal on Government Bonds. The fiscal reserves stood at HK$742.2 billion as at January 31, 2026.
Taking into account the forecast revenue and expenditure for the remaining two months, the surplus for the 2025-26 financial year is expected to be HK$2.9 billion and the fiscal reserves are estimated to be HK$657.2 billion as at the end of March 2026.
Detailed figures are shown in Tables 1 and 2.
TABLE 1. CONSOLIDATED ACCOUNT (Note 1)
Government Debts as at January 31, 2026 (Note 3)
HK$414,754 million
Debts Guaranteed by Government as at January 31, 2026 (Note 4)
HK$112,964 million
TABLE 2. FISCAL RESERVES
Notes:
1. This Account consolidates the General Revenue Account and the following eight Funds: Capital Works Reserve Fund, Capital Investment Fund, Civil Service Pension Reserve Fund, Disaster Relief Fund, Innovation and Technology Fund, Land Fund, Loan Fund and Lotteries Fund. It excludes the Bond Fund, the balance of which is not part of the fiscal reserves. The Bond Fund balance as at January 31, 2026, was HK$155,142 million.