Fact · public-finance · 2026
Government bond borrowing cap (from 2026)
政府債券計劃借款上限（2026年起）
Figure and reference date
$900 billion
9,000 億港元
Notes and definition
HK Government Bond Programme: cap for Infrastructure and Sustainable Bonds raised to $900b effective 15 May 2026.
Other figures in this group (public-finance)
Figures in the same group are not necessarily additive — check the basis note above first. Public finance & taxation.
| Item / 項目 | Figure / 數字 | As of / 時點 | Source / 來源 |
|---|---|---|---|
| Total tax revenue 稅務局整體稅收 | HK$458.3bn (FY2025-26) 4 583 億港元（2025-26年度） IRD revenue statistics. | 2026 | Inland Revenue Department: revenue overview and annual schedules |
| Profits tax demand notes 利得稅稅單數目 | 147,974 (corporations, FY2024-25) 147 974 張（法團，2024-25年度） | 2025 | Inland Revenue Department: revenue overview and annual schedules |
| Salaries tax demand notes 薪俸稅稅單數目 | 1,772,009 (FY2024-25) 1 772 009 張（2024-25年度） | 2025 | Inland Revenue Department: revenue overview and annual schedules |
| Fiscal reserves 財政儲備 | about HK$657.2bn (revised estimate, 31 Mar 2026) 約 6,572 億港元（2026-03-31 修訂估計） Official monthly actual (Feb 2026) earlier: about HK$716.9bn. | 2026-03-31 | FSTB: Government financial statistics |
| Consolidated government deficit (after bond issuance) 政府綜合赤字（計入發債後） | HK$80.27bn (FY2024-25) 802.68 億港元（2024-25） The basis after government bond issuance and redemption. The pre-bond basis in the same fiscal document is fact entry treasury-deficit-prebond-2024-25; the two bases must not be swapped or added — state the basis. | 2024-25 | FSTB: Government financial statistics |
| Consolidated government deficit (before bond issuance) 政府綜合赤字（計發債前） | HK$188.311bn (FY2024-25, before bond issuance) 1,883.11 億港元（2024-25，計發債前） The pre-bond basis in the same fiscal document; the figure after government bond issuance and redemption is fact entry treasury-deficit-2024-25. The two bases must not be swapped or added. | 2024-25 | FSTB: Government financial statistics |
| Major revenues as share of total 政府主要收入買賣（佔總收入） | Profits 31.5%, salaries 15.7%, stamp 11.3%, land premium 2.4% 利得稅 31.5%、薪俸稅 15.7%、印花稅 11.3%、地價 2.4% Total revenue HK$564.9bn; profits HK$177.7bn, salaries HK$88.9bn, stamp HK$63.9bn, land HK$13.6bn. | 2024-25 | Inland Revenue Department: revenue overview and annual schedules |
| Government budget expenditure/revenue 政府開支／收入預算 | Expenditure HK$822.3bn, revenue HK$659.4bn (FY2025-26) 開支 8,222.71億、收入 6,594.13億（2025-26） Budget caps; personal emoluments about HK$98.3bn. | 2025-26 | FSTB: Government financial statistics |
| Government fiscal reserves (end-June 2026) 政府財政儲備（2026年6月底） | HK$678.3 billion 6,783 億港元 Gov press release: consolidated account balance after transfers to EF-related reserve funds. | 2026-06 | HKSAR Government press release (fiscal reserves) |
| Government consolidated surplus (2025-26 revised estimate) 政府綜合盈餘（2025-26修訂預算） | Surplus of HK$2.9 billion 29 億港元盈餘 2025-26 revised estimate: consolidated surplus after bond issuance and repayment; asOf uses 2025. | 2025 | FSTB: Financial statistics for government cash flow |
| Profits tax collected (2025-26) 利得稅年度收入（2025-26） | HK$212.6 billion 2,126 億港元 IRD: 2025-26 profits tax collected ~HK$212.6 billion; asOf uses 2025. | 2025 | Inland Revenue Department: revenue collected (profits tax) |
| Salaries tax collected (2025-26) 薪俸稅年度收入（2025-26） | HK$97.7 billion 977 億港元 IRD: 2025-26 salaries tax collected ~HK$97.7 billion; asOf uses 2025. | 2025 | Inland Revenue Department: revenue collected (salaries tax) |
31 more figures in this group are listed in Public finance & taxation.
How to cite this figure
Hong Kong Story, “Government bond borrowing cap (from 2026)”, https://hongkongstory.org/en/facts/gov-infra-bond-limit-2026, data as at 2026 (retrieved ＿).
中文：香港紀事館，〈政府債券計劃借款上限（2026年起）〉，https://hongkongstory.org/facts/gov-infra-bond-limit-2026，資料時點 2026（查閱日期 ＿）。
Machine-readable: /api/v1/facts.json (id = gov-infra-bond-limit-2026) · OpenAPI 3.1 ·/llms.txt
Registered source
Hong Kong Government Bond Programme: Infrastructure Bond introduction
FSTB (Hong Kong Government Bond Programme)
The official document carries no registered publication date, so only the retrieval date 2026-10-11 is given — no publication year is invented.
This site is a secondary compilation: the official text prevails. If the figure above differs from the official document, the official document is correct.