#Tears
Chan sheds tears when talking about US sanctions
The Financial Secretary Paul Chan Mo-po met with reporters and talked about the US’s sanctions on Hong Kong, which have had a minor impact on Hong Kong’s economy. He also reiterated the government’s ability and determination to defend the linked exchange rate. When he was speaking, his eyes appeared red and tearful.
Source: Stand News
#June1 #PaulChan #LinkedExchangeRate #HongKongEconomy
Chan sheds tears when talking about US sanctions
The Financial Secretary Paul Chan Mo-po met with reporters and talked about the US’s sanctions on Hong Kong, which have had a minor impact on Hong Kong’s economy. He also reiterated the government’s ability and determination to defend the linked exchange rate. When he was speaking, his eyes appeared red and tearful.
Source: Stand News
#June1 #PaulChan #LinkedExchangeRate #HongKongEconomy
Although the Hong Kong government has many funds to use, they only spend on the infrastructures, not on citizen's livelihood measures, causing the lower-class people struggling to live.
#PublicFunds #CarrieLam #PaulChan #GoHKgraphic
#PublicFunds #CarrieLam #PaulChan #GoHKgraphic
#FailedState #StateMachine
Hong Kong Government Set Aside HK$8 billion for National Secutity Expenses
On Feb 24, 2021, Hong Kong's Financial Secretary Paul Chan announced the Financial Budget for 2021/2022. HK$8 billion will be allocated to "safeguarding national security", without giving further details.
What Chan calldd “special fund”
for national security purposes in Hong Kong reaches one-third of China's annual "national security" expenditure in Xinjiang. Meanwhile, the amount currently budgeted in Hong Kong is excluded from the expenses of the National Security Police.
The Financial Secretary in Hong Kong refused to disclose details of how the authorities arrived at the figure. Chan claimed that he had discussed with the national security authorities.
Meanwhile, the police force is set to receive a 7.7 percent budget raise in the coming financial year, following an increase of 25 percent last year.
Source: RTHK; Stand News #Feb24
www.news.rthk.hk/rthk/en/component/k2/1577245-20210224.htm
https://bit.ly/3aQ7scR
#FinancialBudget #NationalSecurityLaw #TaxpayersMoney #PaulChan
Hong Kong Government Set Aside HK$8 billion for National Secutity Expenses
On Feb 24, 2021, Hong Kong's Financial Secretary Paul Chan announced the Financial Budget for 2021/2022. HK$8 billion will be allocated to "safeguarding national security", without giving further details.
What Chan calldd “special fund”
for national security purposes in Hong Kong reaches one-third of China's annual "national security" expenditure in Xinjiang. Meanwhile, the amount currently budgeted in Hong Kong is excluded from the expenses of the National Security Police.
The Financial Secretary in Hong Kong refused to disclose details of how the authorities arrived at the figure. Chan claimed that he had discussed with the national security authorities.
Meanwhile, the police force is set to receive a 7.7 percent budget raise in the coming financial year, following an increase of 25 percent last year.
Source: RTHK; Stand News #Feb24
www.news.rthk.hk/rthk/en/component/k2/1577245-20210224.htm
https://bit.ly/3aQ7scR
#FinancialBudget #NationalSecurityLaw #TaxpayersMoney #PaulChan
news.rthk.hk
Govt reserves HK$8b 'to safeguard national security'
Financial Secretary Paul Chan has revealed that the government has set aside HK$8 billion for "safeguarding national security in the coming years", without giving further details. A breakdown of the figures provided in Chan’s latest financial blueprint said…