Men sit on a bench in North Point. The fund will be set up this year to cope with structural deficits likely to emerge within a decade amid an ageing population and a shrinking workforce. Photo: Bloomberg

Lock up Hong Kong future fund for at least 10 years, government advisers say

Working group calls for money to be locked up for at least 10 years and for spending to be allowed only for 'absolutely essential' items

Topic |   Hong Kong Budget 2015-2016

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Men sit on a bench in North Point. The fund will be set up this year to cope with structural deficits likely to emerge within a decade amid an ageing population and a shrinking workforce. Photo: Bloomberg
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Olga Wong

Olga Wong

Olga Wong has focused on covering the environment, housing, urban planning and the ageing population at the Post since 2007. Her award-winning stories exposed loopholes in the Small House Policy and developers' unscrupulous sales tactics. She also worked at Ming Pao and was awarded the Best Young Reporter by the Newspaper Society of Hong Kong in 2001.