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[Political circles] The formation of pan-people advocates the government to send 10,000 to expose three major considerations of government money

2020-01-16T23:57:58.677Z


The Financial Secretary, Chen Maobo, will announce a new Budget next month. When submitting proposals, many political parties have proposed to the rich man to send 10,000 yuan or consumption vouchers to the entire people. The Democratic Party made it clear yesterday (15th). The government wants the entire people to send 10,000 yuan, and the New Democratic Party chairman, Liu Shuyi, who is also a member of the Executive Council, asked the government to seriously consider sending 10,000 yuan consumer coupons in the Legislative Council. Government sources said that the government is still consulting on the budget and has not yet “closed” any proposals, including the distribution of cash and consumer coupons. However, it emphasizes that the issue of money distribution involves three major considerations, including the government ’s financial commitments, Budget other measures and scoring by international credit rating agencies.


Politics

Written by: Peng Yiwei

2020-01-17 07:52

Last updated: 2020-01-17 07:52

The Financial Secretary, Chen Maobo, will announce a new Budget next month. When submitting proposals, many political parties have proposed to the rich man to send 10,000 yuan or consumption vouchers to the entire people. The Democratic Party made it clear yesterday (15th). The government wants the entire people to send 10,000 yuan, and the New Democratic Party chairman, Liu Shuyi, who is also a member of the Executive Council, asked the government to seriously consider sending 10,000 yuan consumer coupons in the Legislative Council.

Government sources said that the government is still consulting on the budget and has not yet “closed” any proposals, including the distribution of cash and consumer coupons. However, it emphasizes that the issue of money distribution involves three major considerations, including the government ’s financial commitments, Budget other measures and scoring by international credit rating agencies.

According to government information, Chen Maobo has repeatedly mentioned that the government will have a deficit in this financial year. "The statement made by the Secretary must prove that it must be more than hundreds of millions, at least several tens of billions." One of the important considerations. (Profile picture)

Government news: deficit tens of billions of money to pay

According to government information, Chen Maobo has repeatedly mentioned that the government will have a deficit in this financial year. "The statement made by the Secretary must prove that it must be more than hundreds of millions, at least several tens of billions." One of the important considerations. The source emphasized that "if all people are to send money, it will involve at least 4 to 50 billion yuan, which will be a significant economic burden for the government."

According to the government, if the government ’s fiscal deficit is large, it will affect the rating of Hong Kong by international credit rating agencies, and then affect the business environment of Hong Kong and the confidence of foreign investors. It is even higher than France, but the government needs to maintain prudent financial management to avoid being lowered.

There are doubts in society. Since the government can use 10 billion yuan to introduce ten measures to improve people's livelihood, which involves recurrent expenditure, the government still has a trillion yuan reserve. Why can't it spend tens of billions in one payment? Government sources have emphasized that sending money by the whole people involves about 50 billion yuan, which is "several times that of 10 billion." The two cannot be used for comparison. In addition, the Budget will introduce other economic revitalization measures, not just sending money. The person said with a smile, "If everyone thinks that money can be netted, you need to introduce other measures, and you don't talk about the same thing, but the government can't do it."

According to government sources, this year ’s budget preparation time is more abundant than in previous years. Chen Maobo is still listening to opinions from all walks of life and has not formally written down. He remains open to all proposals.

When Ye Liu accepted the inquiry, he said that all-people consumption coupons can effectively revitalize the economy. "The ten measures of people's livelihood can only solve the problem of people's livelihood. It will not help the economic recovery. If the economy worsens again, the government will have to rescue the city in a few months. It ’s going to cost tens of billions at that time, how about converting to a home-made consumption coupon? ”(Profile picture)

The Federation of Trade Unions meets next week with some wealthy unions who don't agree to pay

Another government official said frankly that in the light of Chen Maobo ’s recent tone, he has shown that if he follows the recommendations of the workshop, 10,000 yuan will be distributed to each citizen, involving 70 billion yuan. At that time, the fiscal deficit will easily exceed 100 billion yuan. It was pointed out that the relevant statement represented that the wealthy man had "fallen off" in his proposal to send money.

When Ye Liu accepted the inquiry, he said that all-people consumption coupons can effectively revitalize the economy. "The ten measures of people's livelihood can only solve the problem of people's livelihood. It will not help the economic recovery. If the economy worsens again, the government will have to rescue the city in a few months. It ’s going to cost tens of billions at that time to be used as a conversion coupon for her family? ”She emphasized that she would continue to recommend to the government in the coming month that the government“ only wants to do it, but not to do it. ".

Mai Meijuan of the Federation of Trade Unions said that the association will meet with Chen Maobo early next week to submit proposals for the budget, but no decision has been made on whether to recommend money. She revealed that some unions do not agree to send money to the whole people and believe that targeted citizens should be assisted.

The Democratic Alliance for the Betterment of the People's Republic of China (CDC) Ke Chongsheng stated that the party maintains a consistent stance without opposition money and believes that the government must now consider all methods to relieve the plight of the people.

EY expects government to record 70 billion yuan deficit in current fiscal year

Government relaxes 2 yuan ride discount for 61-year-olds: happy to spend money

Maxim's confirms sending money to all employees in Hong Kong Source: About 20,000 employees benefit

[Budget] Chen Maobo did not respond to whether he would send money Xu Yingwei to inject positive energy into the community

Send money to Chen Maobo

Source: hk1

All news articles on 2020-01-16

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