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HONG KONG, April 1 Asia Pulse - The Hong Kong government has decided to issue bonds to alleviate the Special Administrative Region's financial burdens.
A government spokesman said Wednesday that the Chief Executive of the Council has approved the decision to issue up to HK$20 billion ($US2.5 billion) worth of government bonds this year and next.
The spokesman said the issue is intended to finance infrastructure and other major investment projects that are of long-term benefits to Hong Kong.
Funds to be received from the ...