Around one-third of Hong Kong’s population will be aged 60 or above by 2030, according to estimates. Photo: May TseAround one-third of Hong Kong’s population will be aged 60 or above by 2030, according to estimates. Photo: May Tse
Around one-third of Hong Kong’s population will be aged 60 or above by 2030, according to estimates. Photo: May Tse

Economists pour scorn on Hong Kong leader Carrie Lam’s HK$10 billion welfare package

  • Economist Andy Kwan warns the cost of HK$2 fare concession scheme will balloon amid a fast-greying population
  • Other major measures unveiled include a gradual increase in the number of statutory holidays to 17

Topic |   Hong Kong economy
Around one-third of Hong Kong’s population will be aged 60 or above by 2030, according to estimates. Photo: May TseAround one-third of Hong Kong’s population will be aged 60 or above by 2030, according to estimates. Photo: May Tse
Around one-third of Hong Kong’s population will be aged 60 or above by 2030, according to estimates. Photo: May Tse
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