AFRC welcomes the Government’s 2024-25 Budget

28 Feb, 2024

The Accounting and Financial Reporting Council (AFRC) welcomes the 2024-25 Budget which focuses on drawing in capital, enterprises and talent, expanding economic capacity and strengthening the impetus for development.

Dr Kelvin Wong, Chairman of the AFRC remarked, “The AFRC welcomes the Government’s multi-pronged policies and initiatives in creating a battery of strong catalysts for further development and growth in the financial services industry, covering internationalisation of Renminbi, stock and bond market, asset and wealth management, risk management, green finance and fintech, where quality financial reporting will be pivoting to ensuring public trust and confidence. These policies and initiatives will definitely enhance the competitiveness of Hong Kong as the premier destination for business.”

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