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Budget|New Democratic Party, Ernst & Young Accounting Firm Opposition Consumption Coupons Worry About Government Deficit Level


[Second Phase of Consumer Vouchers/Consumption Coupon Inquiry/Eligible Consumption/PayMe/BoC Pay/Octopus/Alipay HK Alipay/WeChat Pay/Tap & Go] The Budget will be announced on Wednesday (22nd),

[Second Phase of Consumer Coupon/Consumer Coupon Inquiry/Eligible Consumption/PayMe/BoC Pay/Octopus/Alipay HK Alipay/WeChat Pay/Tap & Go] The "Budget" will be announced on Wednesday (22nd). Whether the coupons will be distributed for the third consecutive year is one of the focuses of the outside world.

In recent months, political parties and chambers of commerce have expressed their opinions on this one after another, and most of them welcome it. Only the New Democratic Party and Ernst & Young, one of the Big Four accountants, raised objections due to concerns about government deficits and other issues.

As for the Social Association, it believes that "precise anti-corruption" is more effective than distributing consumer coupons.

▼4.15 The first day of the Easter long holiday, the first long holiday after the distribution of consumer coupons▼


Consumer coupons|Scholars urge to tighten the distribution and denounce further distribution of money, such as drug addicts, advocate sending up to $3000 to the grassroots

The outside world is concerned about whether the coupons will continue to be distributed

Financial Secretary Chen Maobo will deliver the first "Budget" of the current government on Wednesday (22nd). The outside world is most concerned about whether the third consumption coupons will be distributed to the whole people.

The date of the budget announcement is approaching, and many political parties, organizations and accounting firms have expressed their opinions on consumer vouchers.

Supporters of consumer vouchers accounted for the most Democratic Party advocates 15,000 yuan

After sorting out "Hong Kong 01", it was found that the majority supported the distribution of consumption vouchers, and some suggestions even believed that consumption vouchers should allow the payment of utility bills.

The amount should not be less than 5,000 yuan. Among them, the Democratic Federation, the Federation of Trade Unions, and the Association of Chartered Certified Accountants suggested that the amount be the same as last year, that is, not less than or maintain 10,000 yuan.

The amount proposed by the Democratic Party is the highest. In addition to distributing 15,000 yuan in cash or consumer coupons, it also proposes to lower the age to be distributed to all people under the age of 18, allowing payment of water, electricity, media fees, etc.

Based on the 7.413 million people in Hong Kong, the government needs 111.195 billion yuan.

The position of the Liberal Party, a business political party, is "more or less unrestrained". Chairman Shao Jiahui said that no matter whether it is 3,000 yuan, 5,000 yuan or 10,000 yuan in coupons, it is acceptable.

However, he believes that the maximum effect should be achieved by one-time distribution, and he expressed his disapproval of the constantization of consumer coupons.

The three major chambers of commerce support the distribution of consumer coupons

As for the three major chambers of commerce in Hong Kong, namely the Hong Kong General Chamber of Commerce, the Chinese General Chamber of Commerce and the Manufacturers' Association, they all expressed their support for the distribution of consumer vouchers.

The latter two chambers of commerce did not specify the distribution amount, and believed that if the government distributes consumer coupons, it will certainly support it.

ACCCIM believes that if the business environment in Hong Kong improves, there is no need to rely on government subsidies.

Social Association: "Targeted Corruption Prevention" is more effective than consumer coupons

There are also organizations that have no clear position. The Social Association suggests "precise anti-corruption" and believes that it is more effective than consumer coupons, and that resources are allocated to the most needy vulnerable groups. 10,000 yuan in cash will be distributed to grassroots citizens.

The distribution methods can be "distribution by direct debit" and "distribution after application review".

Only the New Democratic Party and Ernst & Young oppose the distribution

Only the New Democratic Party and Ernst & Young, one of the Big Four accountants, do not support the distribution of consumer coupons.

The chairman of the New Democratic Party, Ip Lau Sook-yee, said that distributing consumer coupons should not become a constant measure. She believes that Hong Kong has experienced a fiscal deficit for three consecutive years. She is worried that introducing short-term money distribution measures will be downgraded by international rating organizations and affect the stability of the financial system.

Ho Yaobo, Hong Kong tax director of Ernst & Young Financial Services, also said that due to the resumption of customs clearance in China and Hong Kong, the employment rate has improved, and the economy has gradually improved. In addition, the government needs to balance the level of fiscal reserves and budget deficits. It is recommended to introduce targeted relief measures , it is not recommended to distribute consumer coupons.

Coupon|The second phase of RMB 5,000 will not be available after 2.28. Octopus $1,000 can no longer be used to collect Hello Hong Kong by 4.16 at the latest|The HKTB subsidizes the "Hong Kong Gifts" coupon with a cost of RMB 100 per copy, involving an additional 100 million Hello Hong Kong|HKTB Millions of consumer vouchers will be distributed from now on. Passengers at the West Kowloon High Speed ​​Rail Station are excited to receive the budget proposal|Electronic consumer vouchers will not help the grassroots to pay rent, and the society will help promote targeted poverty alleviation and send 10,000 yuan in cash

Source: hk1

All news articles on 2023-02-19

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