Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor and Financial Secretary Paul Chan Mo-po attend a press conference last year. Public expenditure is expected to reach 21.6 per cent of GDP in 2019-2020, a new high for the city. Photo: Winson Wong
Paul Yip
Opinion

Opinion

Paul Yip

Hong Kong is spending more money than ever on public services, but it must learn to use it wisely

  • Government expenditure on welfare, education and health care has risen over the years, but without sufficient oversight on whether such spending is useful, the money will not have the intended impact

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Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor and Financial Secretary Paul Chan Mo-po attend a press conference last year. Public expenditure is expected to reach 21.6 per cent of GDP in 2019-2020, a new high for the city. Photo: Winson Wong
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