The Government's amendment to the budget is still opposed by the public

March 2 Morning News The Hong Kong Financial Secretary, Mr John Tsang Chun-Wah, announced an amendment to the budget after his meeting with members this morning and decided to abolish the original proposal to inject capital into the MPF Fund and to distribute $6,000 per person to people aged 18 and above.　　However, the revised budget is still opposed by the public, and some scholars believe that the Government's decision-making is confusing and affecting the allocation of financial resources. After the publication of the new 2011-12 budget in Hong Kong last week, the proposal to inject $6,000 into the public MPF accounts has aroused widespread dissatisfaction in the community.　　Many members of the public think that the money in the MPF account will not be available until after retirement, and that it is likely to suffer a depreciation, coupled with the abolition of the tax rebate measures, which have not eased the pressure on the public under the present high inflation rate.　　After meeting with members this morning, the Financial Secretary announced that taking into account the views of members and the public on the MPF, he decided to abolish the original proposal to inject capital into the public MPF accounts and to pass another platform to the public to issue a one-off $6,000 in cash to people aged 18 and holders of Hong Kong permanent identity cards. Mr Tsang said that members of the public would be able to withdraw $6,000 in cash and that the Government would also add elements to encourage savings, and that the majority of the public, including civil servants, retirees and housewives, would benefit.　　For those who have not yet benefited, there will be additional allowances for those with special needs. After the revision of the budget, the people were still opposed, and the most serious opposition was the large number of new immigrants in Hong Kong. As a result of Hong Kong law, a resident resident in Hong Kong will not be eligible for permanent residency until he has spent 7 years. Many of the new immigrants who have worked in Hong Kong for many years but have not yet attained 7 years will not be able to benefit from the new policy, and they generally believe that "the new immigrants have made a lot of contribution to the development of Hong Kong, and they have not benefited from discrimination and unfairness." Miss Cyd Ho said that the changes in the budget would not help the long-term solution to the problem of poverty alleviation and that poor children and new immigrants would still not benefit. The Financial Secretary, Mr John Tsang, conceded that the government did not see long-term development as a "government without tomorrow".　　She also believes that Mr Tsang's purpose in revising the budget is mainly to canvass votes for the general election and not to pay attention to the real needs of the people.　　Ma Yue, associate professor of the Department of Political and Administrative studies at the Chinese University of Hong Kong, said that the Financial secretary's sudden change of views after a few days of listening to members ' views would lead to a drastic decline in the government's authority and the government's policy would be even more difficult to win. He also pointed out that the distribution of $6,000 will make sending money into the public's expectation, the amount of increase or decrease will become the object of public concern, I believe that after the introduction of this policy, it will be difficult to get rid of social expectations in the future, so that the allocation of money policy become a habit. The need to reserve funds for this purpose each year will affect the implementation of other pro-poor policies and even affect the allocation of financial resources in other areas. (Xiao Ying from Hong Kong)