An 89-year-old continues to collect used cardboard in Causeway Bay to make ends meet, as of 16 September, 2017. Photo: SCMP/Denise Tsang
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Why are Hong Kong bureaucrats such misers when it comes to spending on needed services?

Hong Kong’s fiscal budget had been in surplus for 14 years, equivalent to more than 7.5 per cent of economic output at its peak. But city bureaucrats are absolute misers when it comes to spending money that they do have.

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An 89-year-old continues to collect used cardboard in Causeway Bay to make ends meet, as of 16 September, 2017. Photo: SCMP/Denise Tsang
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