Budget Fails To Deliver On Health Says Lawmaker
"); jQuery("#212 h3").html("
"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1383768_1_20180304090917.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1383768-20180304.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1383768-20180304.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-03-04 HKT 09:09
Civic Party lawmaker Kwok Ka-ki has criticised the government for spending too little on health care in its latest budget. The Financial Secretary Paul Chan announced on Wednesday that he would spend HK$70 billion on public health services in the coming year - about 17 percent of total recurrent expenditure.
But the pro-democracy legislator argues that the amount is not in proportion to the huge financial surplus.
Speaking on RTHK's Letter to Hong Kong, Kwok accused Chan of failing to improve conditions at public hospitals.
"Our social services, medical care and housing have not developed in par with our financial growth," he said.
"The figures in the past 20 years reveal the sector funding allocation has been grossly disproportionate to the need of an ageing population that requires more hospital beds and elderly care facilities."
Kwok said a major highlight of Chan's budget was to increase healthcare expenditure by HK$6 billion, an 11.8 percent increase over last year. He described this as "too little, too late".
AI, Fintech, And Sustainability Take Center Stage At Asian Financial Forum 2025
Hong Kong is set to host the 18th Asian Financial Forum (AFF) on 13 and 14 January 2025, marking the region’s first m... Read more
Metal Cards: Transforming Asia Pacifics Payments Landscape, And Redefining Customer Acquisition And Retention
While European, American and Chinese markets have largely found their digital banking champions in Revolut, Chime, and ... Read more
HKEX Launches Fund Repository To Enhance Transparency
Hong Kong Exchanges and Clearing Limited (HKEX) announced on 13 December 2024 the launch of a Fund Repository on its In... Read more
WeLab Bank Disburses HK$61 Million In Subsidies For Hong Kong Students
WeLab Bank has facilitated the disbursement of HK$61.56 million in subsidies through the H.S. Chau Foundation’s “De... Read more
Hong Kong Unveils Roadmap For ESG Reporting And Green Finance Leadership
The Hong Kong government launched its sustainability disclosure roadmap on 10 December 2024, marking a signi... Read more
Will Hong Kongs Crypto Regulations Shape The Future Of Web 3.0?
Hong Kong Web 3.0 is emerging as a global powerhouse. With its strategic efforts to regulate stablecoins, pilot the e-H... Read more