Critics Say Budget Fails To Reach Out To Needy

Wednesday February 28, 2018.

"); jQuery("#212 h3").html("

"); });

2018-02-28 HKT 18:43

Share this story

The Civic Party says not enough funds were set aside for older people and community care. Photo: RTHK

Critics also said the budget failed to reach out to the those in need.

The Democratic Party and the pro-government Federation of Trade Unions both said the grass-roots and working class can't really benefit much from this year's sweetener package.

Both of them had earlier called for cash handouts to be given, which Financial Secretary Paul Chan ignored.

The FTU's Alice Mak said the government should reconsider their suggestion.

The two parties also expressed disappointment that the budget doesn't provide new insights into how to tackle the housing issue.

Civic Party leader Alvin Yeung said on the surface of it, the budget looks quite "fancy", but not enough money has been set aside for older people and community care.

Critics Say Budget Fails To Reach Out To Needy

AI, Fintech, And Sustainability Take Center Stage At Asian Financial Forum 2025

Metal Cards: Transforming Asia Pacifics Payments Landscape, And Redefining Customer Acquisition And Retention

HKEX Launches Fund Repository To Enhance Transparency

WeLab Bank Disburses HK$61 Million In Subsidies For Hong Kong Students

Hong Kong Unveils Roadmap For ESG Reporting And Green Finance Leadership

Will Hong Kongs Crypto Regulations Shape The Future Of Web 3.0?

navigation

media coverage

follow us