Hong Kong’s new leader doles out extra billions in education spending spree
School leavers looking to continue their studies and contract teachers hoping for full-time jobs will benefit as Carrie Lam outlines her extra funding plan for education
Keen to address concerns from across the political spectrum by tackling pressing issues, she said eligible students pursuing full-time self-financing tertiary studies would receive HK$30,000.
Teachers on contracts would be switched to full-time status by increasing the teacher-class ratio.
Both Lam and education lawmaker Ip Kin-yuen hoped the Legislative Council’s Finance Committee would approve the funding before the summer break in time for the next school year.
The measures would cost HK$3.6 billion a year and raise government spending on education from 21.2 per cent to 22 per cent of its annual expenditure, accounting for 3.5 per cent of GDP.