Politics
Written by: Peng Yiwei
2020-02-26 14:06
Last updated: 2020-02-26 14:06The Financial Secretary, Chen Maobo, announced the Budget, announcing that the entire people would allocate 10,000 yuan in money. The chief executive, Lin Zhengyue, who always advocated that money should be used "new philosophy of financial management", issued a statement at noon in support of the budget to release 10,000 yuan in cash. I believe that Hong Kong is faced with a crisis that has not been encountered before, and the measures are reasonable and effective. It directly "fuels" the public, and can work together with the community to help each other in real time. The measures can also stimulate consumption and inject some momentum into the local economy.
Lin Zhengyue said that the large-scale counter-cyclical measures introduced in the budget amounted to 120 billion yuan, showing the determination and commitment of the SAR Government to lead Hong Kong through the difficulties, and actively responding to the public's expectations for relief measures. It is believed that these measures and the earlier announcement of the 30 billion yuan epidemic prevention and anti-epidemic fund complement each other and will provide all-round support for people from all walks of life and all backgrounds.
Chief Executive Lin Zheng Yue'e issued a statement in support of the Budget's proposal to issue 10,000 yuan in cash to adult Hong Kong permanent residents. (Photo by Ou Jiale)
Lin Zhengyue stated in the statement that the decisive and substantive proposals in the budget, I believe that these measures will help society to unite and fight the epidemic, provide concrete assistance to the public in need, and promote the revival of economic integration.
Lin Zhengxue pointed out that after years of accumulation in Hong Kong, Hong Kong has a huge fiscal reserve. It is time to use the reserves to help Hong Kong weather the crisis. However, the Financial Secretary also pointed out that the public finances will record deficits for several years in the future, alert us We must promote economic growth and increase income to support our social development. As stated in the previously published Policy Address and Budget, the government will strive to develop a diversified economy through different strategies, find new impetus for economic growth, create employment, and look forward to the concerted efforts of the entire society to support relevant measures.
Lam Cheng said that he was pleased to see the Financial Secretary not only propose relief measures to help Hong Kong people overcome difficult times, but also step up efforts to promote Hong Kong's traditional economic pillars such as financial services, and actively develop Hong Kong's advantageous new industries such as innovation and technology. . At the same time, the government must also respond to global environmental challenges. She welcomes the promotion of carbon reduction and green technology in the Budget.
Hong Kong is facing a critical situation that has never been seen before. Lin Zheng emphasized that he is confident that the budget can provide effective support to all parties in society, support Hong Kong's victory over adversity and continue to move forward. She urged Legislative Councillors and the general public to support the proposals in the Budget so that they can be implemented as soon as possible.
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