Govt Hopes To Strip District Councils Of Funding Role
"); jQuery("#212 h3").html("

"); });
2021-10-20 HKT 13:35
The Home Affairs Department (HAD) has proposed stripping district councils of their role in implementing community and minor work projects.
At a Legco panel meeting on Wednesday, officials said district councils should no longer review funding requests for community involvement projects and minor works programmes, and the HAD and Leisure and Cultural Services Department could take up this role between them instead.
Home Affairs Secretary Caspar Tsui pointed to the recent resignation and disqualification of hundreds of district councillors as he explained why such a change is necessary.
“It will not affect the function of the district councils. But there are district councils with too few members. It undermines their ability to represent the constituents, and there are projects and works which are put on hold because of this,” he said.
The DAB's Leung Che-cheung, who chaired the meeting, cast doubt on the government's plan.
He noted that some councils, such as Islands District Council, still have plenty of members left and it has been possible to approve funding for some projects.
In response, Tsui said approved projects would not be scrapped if the changes to the role of district councils are made.
The government's proposal will be submitted to Legco's finance committee for consideration.
Wise Hong Kong Business Account Now Available For SMEs To Manage Global Payments
Wise, a global technology company in international money management, launched its international business account in Hon... Read more
ChinaAMC HKD Digital Money Market Fund Debuts As Hong Kongs First Retail Tokenised Fund
OSL Digital Securities (OSL), a regulated digital asset platform and part of OSL Group (863.HK), announced the launch o... Read more
American Express And Alipay Team Up To Simplify Traveller Payments In China
American Express and Alipay introduced a new payment feature that allows eligible global American Express Card Members ... Read more
Alibaba Invests Over US$50 Billion To Drive AI And Cloud Expansion By 2028
Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and ... Read more
SFC IOSCO Asia-Pacific Meet-up Sets Roadmap For Sustainable And Secure Capital Markets
The Securities and Futures Commission (SFC) recently participated in a series of dialogues under the International Orga... Read more
WeLab Bank Accelerates AI Deployment With Deepseek To Enhance Efficiency
WeLab Bank has taken a significant step forward in its AI deployment strategy by exploring innovative solutions to enha... Read more