Chief Executive Carrie Lam raises a glass at the National Day reception on October 1 in Hong Kong. Lam’s belief that Hong Kong’s budget surpluses should be used to address our many social problems is commendable, but is giving out subsidies the best use of this money? Photo: K.Y. Cheng
Mike Rowse
Opinion

Opinion

Mike Rowse

Forget sensible policies. Rich Hong Kong has money to throw at its problems

Mike Rowse says from water bills and replacing old lifts to its latest attempt to scrap the MPF offset mechanism – by offering a whopping HK$29 billion in subsidies – the government is using money to get out of the need to make tough decisions

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Chief Executive Carrie Lam raises a glass at the National Day reception on October 1 in Hong Kong. Lam’s belief that Hong Kong’s budget surpluses should be used to address our many social problems is commendable, but is giving out subsidies the best use of this money? Photo: K.Y. Cheng
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