Govt To Pump Another HK$2bn A Year Into Education

"); 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_1383004_1_20180228181323.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/k2/1383004-20180228.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1383004-20180228.htm', 'DCS.dcsqry', '' ); } } }); }); });

2018-02-28 HKT 12:50

Share this story

facebook

  • Govt to pump another HK$2bn a year into education

Financial Secretary Paul Chan on Wednesday said he planned to increase recurrent expenditure on education by another HK$2 billion, on top of the HK$5 billion already pledged by the Carrie Lam administration.

Chan said the extra spending will be aimed at achieving quality education, through enhancing the professional development of teachers, strengthening support for kindergartens, and supporting schools in enhancing the promotion of life-wide learning, or education in real-life settings.

Public schools will also be given HK$2 billion to install lifts to help make their campuses barrier-free.

HK$170 million will be spent on regularising a pilot scheme on promoting exchanges between schools in Hong Kong and the mainland, and more nurses will be provided for schools for children with disabilities.

There is also HK$800 million for the Gifted Education Fund in the coming financial year to enhance the development of gifted students, and another HK$800 million will be injected into the HKSAR Government Scholarship Fund to increase the number of scholarships starting from the 2019-2020 academic year.

To encourage more people to continue their studies, the subsidy ceiling of the Continuing Education Fund is to be doubled to HK$20,000 per applicant. The age limits for applicants will also be raised to 70, and the authorities will make it easier for people to apply.

Chan said around 610,000 people would benefit from the enhancements.

RECENT NEWS

How Core Modernisation Is Paving The Way For Invisible Banking

In an era dominated by digital innovation, the banking sector is evolving rapidly to meet the modern consumer’s deman... Read more

ZA Bank Financial Performance Shows Strong Growth, Reduced Losses Last Year

ZA Bank, a virtual bank in Hong Kong, has reported a substantial increase in its financial performance for the past yea... Read more

Elon Musk Impersonated In Suspected Quantum AI Crypto Fraud

The Securities and Futures Commission (SFC) has issued a public warning about suspected fraud involving the entity know... Read more

Why Hong Kong Is Primed For A Crypto ETF Breakthrough

In the dynamic landscape of global finance, Hong Kong has emerged as a frontrunner in innovative exchange-traded funds ... Read more

MixCare Health And Pacific Prime Collaborate On Digital Health Platform

MixCare Health, a Hong Kong-based digital health and wellness platform, has partnered with Pacific Prime, an internatio... Read more

Mox Bank Revenue Triples In 2023 Driven By New Services And Customer Growth

Mox Bank announced that it has tripled its revenue in 2023, driven by an increase in its customer base, deposits, and l... Read more