{"id":829726,"date":"2025-02-25T13:12:21","date_gmt":"2025-02-25T19:12:21","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/25\/public-agree-changes-needed-over-hk2-fares-paul-chan\/"},"modified":"2025-02-25T13:12:21","modified_gmt":"2025-02-25T19:12:21","slug":"public-agree-changes-needed-over-hk2-fares-paul-chan","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/25\/public-agree-changes-needed-over-hk2-fares-paul-chan\/","title":{"rendered":"Public agree changes needed over HK$2 fares: Paul Chan"},"content":{"rendered":"
\n

\n\t\t\tThere is broad public agreement that changes have to be made to Hong Kong’s HK$2 transport fares for the over 60s, Paul Chan said on Sunday, as he suggested healthcare and education could also be in line for government spending cuts. <\/p>\n

\nOn a Commercial Radio programme, the financial secretary said the intentions behind the HK$2 scheme were very good, but the expenses involved have been mounting since the eligible age was lowered from the original 65.<\/p>\n

\n“I think there’s a public consensus that the current scheme isn’t financially sustainable over the long run, if no changes are made to it. So how should we change it?” he said.<\/p>\n

\n“There are so many different views. We’re collecting them and then officials will assess them and discuss them internally. We’re all looking at different proposals in detail.”<\/p>\n

\nWith his budget speech coming up on February 26, Chan said there is room to save money in areas including education and healthcare.<\/p>\n

\nChan said universities have relatively large amounts of reserves, adding that everyone can play their part in the next couple of years to tackle the government’s budget deficit. <\/p>\n

\nThe minister said, however, that the government will minimise the effects of expenditure cuts on the public.\t\t<\/p>\n<\/div>\n

Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There is broad public agreement that changes have to be made to Hong Kong’s HK$2 transport fares for the over 60s, Paul Chan said on Sunday, as he suggested healthcare and education could also be in line for government spending cuts. On a Commercial Radio programme, the financial secretary said the intentions behind the HK$2<\/p>\n","protected":false},"author":1,"featured_media":829727,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2138,120],"tags":[9737,5973],"class_list":{"0":"post-829726","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-changes","8":"category-public","9":"tag-changes","10":"tag-public"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/829726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=829726"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/829726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/829727"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=829726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=829726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=829726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}