FS Hints At Budget Boost For Medical Sector

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

Related News Programmes

"); });

2018-02-25 HKT 12:08

Share this story

facebook

  • Paul Chan is expected to ignore calls for cash handouts in Wednesday's budget. Photo: RTHK

    Paul Chan is expected to ignore calls for cash handouts in Wednesday's budget. Photo: RTHK

The Financial Secretary, Paul Chan, says it may be the right time to strengthen the medical system while there's an abundance of public money.

He made the comment just days before announcing his budget, which was expected to come with a huge surplus.

Chan said such measures may not bring immediate results, but he said it would be even more difficult to make such plans during bad fiscal times.

While there've been calls for the government to give cash handouts, the secretary said planning for bad times doesn't mean ignoring today's needs.

Chan said people can expect measures in the budget that will give specific help to needy groups.

RECENT NEWS

Airwallex Yield Service Goes Live In Hong Kong

Airwallex has officially launched Airwallex Yield in Hong Kong on 18 June 2025, which it advertises to offer businesses... Read more

Alipay And Rokid Launch AR Glasses Payment Function For In-Store Payments In China

Rokid has launched its latest augmented reality device, Rokid Glasses. In China, the Rokid AR payment glasses support i... Read more

InvestHKs Gulf Cooperation Council Fintech Visit Spurs Strategic Partnerships

Invest Hong Kong (InvestHK) reinforced its role as a global business hub through a strategic visit to the Gulf Cooperat... Read more

Can Crypto Firms Catch Up On Compliance Gaps As Regulations Evolve?

As crypto adoption accelerates, regulators are ramping up enforcement of the Financial Action Task Force’s (FATF) Tra... Read more

OneDegree Eyes Global Growth With Middle East, Europe And Africa Next

Hong Kong virtual insurer OneDegree has made significant progress in the Middle East, securing 20 contracts since enter... Read more

IFAST Introduces Bondsupermart Live With Stock-like Trading Experience For Bond Investors

To address structural inefficiencies in bond markets, iFAST introduced Bondsupermart Live, a digital bond trading servi... Read more