Budget Fails To Deliver On Health Says Lawmaker

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1383768_1_20180304090917.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1383768-20180304.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1383768-20180304.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-03-04 HKT 09:09

Share this story

facebook

  • The pro-democracy legislator said health funding has not been in proportion to Hong Kong's financial growth. Photo: RTHK

    The pro-democracy legislator said health funding has not been in proportion to Hong Kong's financial growth. Photo: RTHK

Civic Party lawmaker Kwok Ka-ki has criticised the government for spending too little on health care in its latest budget. The Financial Secretary Paul Chan announced on Wednesday that he would spend HK$70 billion on public health services in the coming year - about 17 percent of total recurrent expenditure.

But the pro-democracy legislator argues that the amount is not in proportion to the huge financial surplus.

Speaking on RTHK's Letter to Hong Kong, Kwok accused Chan of failing to improve conditions at public hospitals.

"Our social services, medical care and housing have not developed in par with our financial growth," he said.

"The figures in the past 20 years reveal the sector funding allocation has been grossly disproportionate to the need of an ageing population that requires more hospital beds and elderly care facilities."

Kwok said a major highlight of Chan's budget was to increase healthcare expenditure by HK$6 billion, an 11.8 percent increase over last year. He described this as "too little, too late".

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more