Poverty Scheme Must Be Sustainable: NGO Chief
"); jQuery("#212 h3").html("

"); });
2022-07-07 HKT 09:45
The head of a child development NGO said on Thursday that a government scheme aimed at tackling intergenerational poverty needed to take a sustainable approach and must not be a one-off.
Speaking to RTHK, Amy Chan from the Child Development Initiative Alliance said she was keen to hear more details of the plan to support secondary school pupils from grassroots families, which was put forward by Chief Secretary Eric Chan on his appointment as head of a working group set up by Chief Executive John Lee.
Eric Chan said about 2,000 secondary school pupils would be involved in the initial one-year project, which is expected to include mentor matching, personal development planning and financial assistance.
"As a pilot scheme, we shouldn't be looking just at the number" of children involved, Amy Chan told RTHK's Kelly Yu. "It is very important that, in this pilot run, we can work out a workable and sustainable model for future operation.
"To look at the number itself, I would rather look at the quality, rather than the quantity."
She said she hoped the government would help to address the poverty gap in Hong Kong, noting that the SAR's Gini coeffeicient, a measure of wealth inequality, had risen from 0.437 in 2009 to 0.539.
The working group on intergenerational poverty was one of four announced by Chief Executive John Lee on Wednesday to come up with concrete proposals to address deep-rooted problems during the new government's first 100 days in office.
The other groups will study land supply, district affairs and the production of public housing.
Lee made the announcement in his first question-and-answer session with lawmakers, stressing that his style of governance would be about taking action, producing results and resolving issues.
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more