603經濟困境、財赤

 

歐元危機
euro-zone crisis


歐洲主權債務危機
Europe's sovereign debt crisis


歐美債務危機
American and European debt crises


歐債危機
euro-zone debt crisis


踏入今年以來，香港經濟從亞洲金融風暴復蘇的步伐明顯加快。上半年本地生產總值錄得雙位數字的強勁增長。
Since the beginning of this year, the pace of our recovery from the Asian financial turmoil has quickened significantly. Our Gross Domestic Product attained robust double-digit growth in the first half of the year.


隨著經濟復蘇，股市樓市造好，二零零三至零四年的財政赤字應為大約五百億元，遠低於官方估計的七百八十億元。
Thanks to the economic recovery and improving stock and property markets, the 2003-04 deficit should be about $50 billion, well below official estimates of $78 billion.


隨著營商環境惡化
as the business climate deteriorates


壓抑經濟活動
suppress economic activity


聯繫匯率，加上內地的低廉物價水平和政府的減免措施，令經濟學家認為通縮仍會持續。
With a pegged dollar, a cheap mainland market and government rebates, economists see no end in sight to deflation.


豁免差餉、水費和排污費
waiving their rates and water and sewerage charges


避過衰退
avert a recession


還不到半年時間，政府的經濟預測已下調三次。
The government's economic forecasts were revised downward three times in less than six months.

 

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