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[Wuhan Pneumonia] Chen Maobo: Financially upholding the anti-epidemic efforts to search for masks

2020-01-26T03:10:03.846Z

Recently, a new type of pneumonia in Wuhan has been killed in Hong Kong. The government announced a series of epidemic prevention measures yesterday (25th). The Financial Secretary, Chen Maobo, said this morning (26th) that resources are not a limitation in epidemic prevention work. If the work requires money, the SAR government will cooperate with it and "resolutely look back". The government will search and purchase masks globally and in all directions. He criticized individual merchants for sitting on the ground and irresponsible behavior. As for the "Budget" to be released next month, Chen Maobo pointed out that the current economic situation in Hong Kong is severe, and there may be fiscal deficits and zero economic growth. The deficit in the next year is expected to be larger than this year. As for whether there will be any money-distributing measures similar to "caring and sharing" the previous year, Chen Maobo said that the controversy is quite large, so he "is tight."



Politics

Written by: Lin Jian

2020-01-26 10:59

Last updated: 2020-01-26 11:01

Recently, a new type of pneumonia in Wuhan has been killed in Hong Kong. The government announced a series of epidemic prevention measures yesterday (25th). The Financial Secretary, Chen Maobo, said this morning (26th) that resources are not a limitation in epidemic prevention work. If the work requires money, the SAR government will cooperate with it and "resolutely look back". The government will search and purchase masks globally and in all directions. He criticized individual merchants for sitting on the ground and irresponsible behavior.

As for the "Budget" to be released next month, Chen Maobo pointed out that the current economic situation in Hong Kong is severe, and there may be fiscal deficits and zero economic growth. The deficit in the next year is expected to be larger than this year. As for whether there will be any money-distributing measures similar to "caring and sharing" the previous year, Chen Maobo said that the controversy is quite large, so he "is tight."

The supply of masks near Japan is in short supply. Chen Maobo pointed out that the government will search and purchase masks globally. (Profile picture)

Approving individual merchants to hoard irresponsible

Chen Maobo pointed out when attending a Taiwanese program today that resources are not a limitation of epidemic prevention work. The government will fully cooperate and respond to the epidemic without any hesitation. If the Department of Health and the Hospital Authority need money, the government will cooperate. He also mentioned that the government would search for masks in all directions and globally, and pointed out that some businessmen would set up masks for a price and hoard them, and behaved very irresponsibly. He called on businessmen and Hong Kong people to cope with the difficulties.

Speaking of the impact of the epidemic on Hong Kong's economy, Chen Maobo said that Hong Kong's economy had been severe before the epidemic, and that public health problems were exacerbated. He also believed that the recent violent shocks in society had begun to decrease, and the market was showing signs of recovery. The flow of people is further reduced, which will inevitably have an impact on the economy. When necessary, the government will introduce measures to reduce the pressure on citizens.

Chen Maobo pointed out that the economic assessment of the local economy analysts from the contraction of 4% to an increase of 2.1% in the coming year, and most people believe that the range will be about zero growth; in terms of finance, he expected a deficit this fiscal year, but because The economic situation in the first half of the year is still good, and the level of the deficit is not very high. However, due to the decrease in income and expenditure in the next financial year, the deficit will be larger than this year. He mentioned that generally understood international standards believe that a deficit budget of 3% of GDP is still acceptable, which is about 80 billion in Hong Kong. However, according to the current recommendations provided by the industry, if all are implemented, the deficit will definitely exceed the deficit. This number requires a trade-off.

Chen Maobo said that whether there were any measures related to the distribution of money was "stricken." (Profile picture)

Some people urge "stubborn choice" not to send money

On the eve of the "Budget" in recent years, there has always been a voice among the people to send money to the people. This year, many political parties have called the "open card" and asked the people to send money for 10,000 yuan. Chen Maobo pointed out that the money distribution measures are controversial. Different citizens and political groups have advocated money distribution, but many people have warned the government not to "lazy" and use the money where it is needed. Some even sent him short messages. The news called for "choose stubbornness" and not to send money casually.

Chen Maobo pointed out that in order to help the citizens to be targeted, there are often administrative measures. The previous year ’s “caring and sharing” plan caused major administrative confusion. This is an obvious example. The amount of distribution, whether large or small, is also likely to cause controversy. The current government every year They will make some one-off concessions such as tax rebates. Many middle-class people will have expectations on the budget. If this money is disbursed, it may not meet the expectations of the middle-class people, so the government is still studying what method is best.

The host asked again, is there any money or similar measures? Chen Maobo said that "Zhong Huan is tight." He then shared an idea: under the "Caring and Sharing" plan the previous year, each citizen could receive 4,000 yuan, and those who had benefited from other budget measures less than 4,000 yuan could make up the difference, and the government eventually received more than 3 million applications. He lamented that the per capita income of Hong Kong people was so high that those who could not benefit from one-off measures such as tax rebate and rate rebate were worth 4,000 yuan. It turned out that there were so many. It is a phenomenon worth pondering.

Chen Maobo: One-time measures such as tax rebate and rate relief can be used to free up resources when necessary

[Budget] Chen Maobo: It has not been decided whether the government will send money to the whole people, and the government will deeply reflect on its mistakes.

Chen Maobo, Liu Jianghua, Chairman of the 18 Districts and Vice-President Pan Min advocated the establishment of an independent secretariat to resist political suppression

Wuhan pneumonia Chen Maobo budget to send $ 4,000 to send

Source: hk1

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