Financial Secretary Paul Chan has said Wednesday's budget will detail the government's fiscal consolidation strategies, while revealing the colour of choice for his upcoming blueprint.

On his official blog, the finance chief said on Sunday the administration would strictly control its spending, increase revenue appropriately, and make use of public resources and market forces to further boost development.

He noted the aqua-coloured cover of the budget reflected the unlimited opportunities presented in future developments.

"There is infinite vitality in a beautiful lake. Despite the occasional storms, we have firm confidence and positive expectations for the future given the solid backing of the country and the joint efforts of all sectors in Hong Kong," Chan wrote.

The finance minister also expressed gratitude to those who gave their suggestions during the budget consultation.

Chan will announce his latest budget on February 26, amid an estimated deficit of HK$100 billion for the financial year ending March 31.