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flag Hong Kong plans to cut 10,000 jobs and invest in AI to balance its budget and boost economy.

flag Hong Kong plans to cut 10,000 civil service jobs and freeze salaries to reduce its deficit and boost fiscal balance by 2027. flag The city will also invest HK$1 billion in an AI research institute and raise the airport departure tax by 67% to boost revenue. flag The Financial Secretary announced these measures alongside plans to promote e-payment connectivity with mainland China and support the Belt and Road Initiative.

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