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[Budget 2020] The whole people can send money 10,000 yuan to count online citizens: no consumption

2020-02-26T09:57:24.465Z


A new "Budget" was released today (26th). The government announced that it will send 10,000 yuan, and citizens over 18 years of age will benefit. The amount involved is estimated to be 71.1 billion yuan. However, the government's "Caring and Sharing Scheme" which was launched last time by the government to pay 4,000 yuan was criticized for arranging chaos and frequent chaos. The amount of money paid this time has not only increased to 10,000 yuan, but the number of beneficiaries has increased to 7 million. The scale is expanding. What is the current arrangement? "Hong Kong 01" integrates the latest money distribution process for everyone. The government hopes that the whole people will send 10,000 yuan to revitalize the economy. Under the spread of pneumonia in Wuhan, will the people choose to buy 10,000 yuan for epidemic prevention equipment or reserve daily-use diesel oil and salt? What can I buy for 10,000 yuan?


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Written by: Zheng Qiuling, Wang Jieen, Deng Jiaqi

2020-02-26 13:10

Last updated: 2020-02-26 17:50

A new "Budget" was released today (26th). The government announced that it will send 10,000 yuan, and citizens over 18 years of age will benefit. The amount involved is estimated to be 71.1 billion yuan.

However, the government's "Caring and Sharing Scheme" which was launched last time by the government to pay 4,000 yuan was criticized for arranging chaos and frequent chaos. The amount of money paid this time has not only increased to 10,000 yuan, but the number of beneficiaries has increased to 7 million. The scale is expanding. What is the current arrangement? "Hong Kong 01" integrates the latest money distribution process for everyone.

The government hopes that the whole people will send 10,000 yuan to revitalize the economy. Under the spread of pneumonia in Wuhan, will the people choose to buy 10,000 yuan for epidemic prevention equipment or reserve daily-use diesel oil and salt? What can I buy for 10,000 yuan?

The Financial Secretary, Chen Maobo, announced that 10,000 yuan would be distributed to Hong Kong permanent residents aged 18 or above. (Photo by Li Zetong)

Application deadline

It is understood that the government will refer to the experience of distributing 6,000 yuan in 2011. Since it was announced in March that year, it can be officially accepted for registration in about half a year (August). This time, we hope to speed up the introduction of measures by August.

The tentative date for registration of 10,000 yuan is December 31 next year.

Registration / Payment Method

It is reported that the method of sending money is based on the principle of simplicity and convenience. At present, two types of registration are considered. In addition to providing physical forms to be distributed at district civil affairs offices, post offices and banks, they will cooperate with banks to encourage citizens to register through the online financial management system. You can choose to pay directly to your bank account or receive a check.

Release time / process

It is understood that details such as the actual distribution schedule, how to distribute the distribution, and how long it will take to get it after registration, etc., have not yet been specifically scheduled.

However, the news revealed that giving seniors priority by age is one of the considerations. The authorities will decide as soon as possible after consulting the bank within two days, including consulting the Department of Justice, and the bank will directly confirm the customer's information and the Immigration Department will verify the identity. Process, whether there are legal risks and privacy issues. It is understood that the authorities will discuss with the HKMA and do not rule out the inclusion of virtual banks in the issuance platform.

For those who cannot provide bank accounts and addresses, the authorities consider arranging postal services, which can be registered at post offices and used as self-checks.

Administrative fee

The source revealed that the proportion of the administrative fee for the distribution of money is expected to not exceed 1%. The source said that with reference to the 6,000 yuan sent by the whole people in 2011, the bank charged a government fee of 15 yuan per application form. As there is no service fee for online services, according to the data, the number of users using electronic services in banks has increased by 70% in recent years compared to 2011. It is expected that this time the derived administrative fee budget will be 1% of the total amount of money distributed.

Will it be confusing like last time?

Sources said that the distribution of 10,000 yuan this time is definitely higher than the last distribution of 4,000 yuan, because the eligibility requirements are simple and do not need to be screened by a large number of people. At the same time, the government will set up a special team to follow up the money distribution measures, which involves the Treasury Department responsible for implementation, and the Immigration Department for identity verification.

The government hopes that the whole people will send 10,000 yuan to revitalize the economy. Under the spread of pneumonia in Wuhan, will the people choose to buy 10,000 yuan for epidemic prevention equipment or reserve daily-use diesel oil and salt? What can I buy for 10,000 yuan?

Pharmacy owner: sending money is not as stable as supplying masks

The reporter visited the pharmacy. Most surgical masks currently cost more than 200 yuan a box. As for the Korean masks, which are generally considered to be more defensive, they cost more than 20 yuan each. Mr. Luo, the person in charge of the pharmacy, said that the current purchase of masks is more expensive, and the epidemic situation in Japan and South Korea is getting worse. It is more difficult to purchase masks in Japan and South Korea than in the past. Ms. Tan, a citizen, said that nearly 4,000 yuan had been used to buy masks and epidemic prevention items earlier, and she was not particularly excited about the government's distribution of 10,000 yuan, which is expected to be used for savings.

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The citizen Ms. Lin frankly said: "There is something worth celebrating" and emphasized that she will not go out to spend. (Photo by Wang Haitu)

Citizen Ms. Lin frankly said, "Is it worth celebrating to send money?" She emphasized that she would not use it for outings and would use 10,000 yuan as a reserve. Ms. Lin also mentioned that even with sufficient money, it is not clear where to buy masks. She said that she would buy a small amount of home stock to prevent the occurrence of panic buying while the current prices of epidemic prevention supplies such as disinfection potions and bleach water dropped.

When Chen Maobo read the Budget this morning, he said that Hong Kong's economy has been severely hit by social events in the past months and the new coronavirus epidemic. In the face of economic downturn, it is expected that government revenue will decrease in the coming year and the government must manage its finances prudently. Ensure fiscal soundness. However, he pointed out that he believed that in times of economic downturn and heavy social atmosphere, even in the face of fiscal deficits, the government should do more. After careful consideration, it decided to grant 10,000 yuan to Hong Kong permanent residents aged 18 or above.

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In the past, Chief Executive Lin Zheng Yue'e has repeatedly emphasized that there will be no targeted distribution of money to the entire population. Chen Maobo said that although the plan involves large public funds, it is described as "a special measure for the current special situation", so it will not cause financial problems. Long-term burden. He also believes that when the economy is down and fiscal reserves are still abundant, we can "intensify our efforts" in public expenditure, stimulate the economy, and cope with the difficulties of the people.

▼ 30 billion measures for epidemic prevention and anti-epidemic funds ▼

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▼ Hong Kong masks, panic buying, conflict, winter under the epidemic ▼

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Wuhan Pneumonia Budget 2020 Budget Chen Maobo 01 VideoMy Home News Madman

Source: hk1

All news articles on 2020-02-26

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