Politics
Written by: Lin Jian
2020-03-03 13:46
Last updated: 2020-03-03 13:46When Chief Executive Lin Zhengyue took office, he proposed a "new philosophy of financial management", which means that you can be bold in investing in the future, and you should focus on "forward-looking" policies. However, last week's Budget announced that all people will send money, and the outside world once again questioned whether the "new philosophy of financial management" in the Chief Executive's mouth is like the 85,000 policy, "speaking does not exist."
Lin Zheng responded to questions from reporters before the executive meeting today (March 3), stating that there is no contradiction between the distribution of money and its public financial philosophy, and that Hong Kong has been hit as never before. It is irresponsible to stick to certain ideas.
The Financial Secretary, Chen Maobo, announced last week that the whole nation would send 10,000 yuan. (Profile picture / Photo by Yu Junliang)
Lin Zheng pointed out that Hong Kong is now facing unprecedented shocks, including the trade war between China and the United States that affected Hong Kong ’s entry and exit in early last year, social unrest affected tourism retail, and spread of the epidemic worldwide. If the government is under great pressure to stick to some ideas without Making decisive measures is not a responsible account. Therefore, she agreed with the Financial Secretary's countercyclical measures (that is, increasing rescue measures during the economic downturn and fiscal deficits), including sending cash to overcome the difficulties, and there was no contradiction with her financial management philosophy.
However, Lin Zheng emphasized that increasing government spending does not mean that it does not understand that expansionary finances will put pressure on public finances. In the future, she will personally lead and study the growth points of revitalizing Hong Kong's economy in the future, create more wealth, and increase the income of the coffers to meet various expenditures. She also pointed out that the government will serve the public and will not "hold the principles and ignore the needs of the public", so some decisions need to be made, and she hopes that the budget will be passed by the Legislative Council as soon as possible so that measures can be introduced as soon as possible.
[Budget] Chen Maobo: If the distribution of money includes some non-permanent residents, it is vulnerable to judicial review
[Political circles] Send Qian Cheng Chen Maobo to the sky to "wind up", but the budget contains a small bomb?
[Budget 2020] Send 10,000 yuan to pay attention to chronically ill organizations: Budget lacks support
2020 Budget Budget