On Feb. 24, the Hong Kong government announced a new budget for fiscal year 2021–2022, allocating about $1 billion (HK$8 billion) for national security expenditures, despite facing a huge deficit.
This is the first time that national security expenditures appeared in the Hong Kong government’s budget since Beijing implemented the national security law at the end of June last year. However, the Hong Kong government did not provide any details of the budget.
