Key facts
- Hong Kong's top decision-making body approved a proposal for a 2% pay rise for civil servants.
- The pay increase is intended to be a flat rate for all civil servants.
- The decision cites the need for fiscal prudence amid a volatile geopolitical environment.
- The raise will result in an additional HK$6 billion (US$765.7 million) in annual government spending.
Hong Kong's government has approved a proposal to grant civil servants a flat 2% pay increase for the current year. This decision, made by the city's top decision-making body, comes amid concerns about fiscal prudence and a volatile geopolitical landscape. The proposed raise is expected to add approximately HK$6 billion (US$765.7 million) to the government's annual expenditure. Secretary for the Civil Service Ingrid Yeung Ho Poi-yan is scheduled to meet with staff representatives to discuss the proposal as part of the established process.