Inaccurate budget forecasts are costing Hong Kong dearly

In his budget speech in February last year, Financial Secretary John Tsang Chun-wah forecast the government would turn in a HK$3.4 billion deficit for the fiscal year that ends next month.

Monitor was doubtful. "Far from running a deficit next year, the government will once again turn in a handsome surplus," it predicted.

via Business feed http://www.scmp.com/business/article/1142697/inaccurate-budget-forecasts-are-costing-hong-kong-dearly