Chief Executive CY Leung has called on legislators and the community to support the 2016-17 Budget which he says provides financial resources for implementing his Policy Address initiatives announced last month.
In a statement issued today, Mr Leung said the initiatives will enable the Government to further fulfil its pledges on poverty reduction, elderly care, supporting the disadvantaged, nurturing young people and enhancing healthcare.
"In light of the challenges to be faced by the local economy in 2016, the Government will take appropriate measures to stimulate the economy and support local enterprises, in particular small and medium enterprises, to help them cope with economic volatilities and safeguard employment.
"The Budget will also provide resources for rolling out targeted support measures for the tourism industry to attract more visitors, through stepping up the publicity as well as the competitiveness of the industry."
The measures will help Hong Kong use its "one country, two systems" advantages to capitalise on the potential of the Belt & Road Initiative to sustain economic growth, he added.
