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Experts urge Hong Kong to issue more bonds and tap into reserves to tackle its structural budget deficit, emphasizing the need for aggressive measures to ensure fiscal stability.
Maryland lawmakers confront a $3 billion budget deficit, planning significant actions amid uncertainty from the incoming Trump administration.
Fairbanks North Star Borough School District proposes closing five elementary schools to address budget challenges and declining enrollment.
Hong Kong's lawmakers suggest delaying less-urgent public projects to address a budget deficit nearing HK$100 billion.
Hong Kong lawmakers propose delaying non-urgent public projects to manage a deficit nearing HK$100 billion and streamline government spending.
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