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The Budget 2018/19 have not lent a hand to N-nothings

出自香港新聞網 - 樹仁新傳系學生實習習作

在2018年3月6日 (二) 17:42由155102 (對話 | 貢獻)所做的修訂版本
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Financial Secretary the HON Paul Chan, Mo-po released the Hong Kong Budget 2018/19 in last week, a controversial thing was the government has not specify the benefits of N-nothings.


According to a household income report published by Oxfam in July 2017, shown that the income inequality in Hong Kong has hit its highest level in past 50 years, which means the wealth gap in Hong Kong getting worsen in last five decades.


In last financial year, Hong Kong Government has HK$138 billion surplus while Chan said he was used 40% of the surplus by various relief measures.


Many people said that the series of tax and rates waivers only benefited some middle-class citizens and it leads to criticism about the government did not take care of N-nothings (the people who are low-income households but not living in public housing and not receiving the subsidy from the government).


Agnes Chan, the managing partner of Ernst & Young disagreed the government have not lent a hand to N-nothings. “The Community Care Fund will help the N-nothings,” said Chan. However, she acknowledged that budget was inadequate and incomprehensive because it has not specified what benefits the N-nothings will get.


On the other hand, Chan spent HK$50 billion on innovation and technology development, many people asked for how to strike a balance between investing in the future and caring of the society.


Paul Ho, the partner of Ernst & Young believes that those HK$50 billion will invest in The Smart City Blueprint eventually. “It’s a good starting point for Hong Kong,” said Ho.


In The Smart City Blueprint, the projects involved a lot of categories including livelihood. Ho said we should look for long-term benefits, the HK$50 billion will help to promote Hong Kong's development.


--155102 2018年3月6日 (二) 17:42 (CST)

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