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Moving steadily forward

The Appropriation Bill 2019 was passed by the Legislative Council (LegCo) last week. We express our gratitude to LegCo Members for their support, allowing various Budget initiatives to be implemented as soon as possible. Examples of these initiatives include the provision of an extra allowance to recipients of Old Age Allowance, Old Age Living Allowance, Comprehensive Social Security Assistance payments, Disability Allowance, the Working Family Allowance and Work Incentive Transport Subsidy, which is equal to one month of standard rate of the respective payment. We shall endeavour to make the payment by end of June and around 1.5 million elderly and grass-root citizens are expected to benefit.

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Diversified cultivation

Recently, I invited a group of primary students to a small party in my official residence and we all had a leisure and pleasant weekend. They are awardees of the Star Bright Scholarship Awards presented by the non-governmental Gifted Education Foundation. Some of them have excellent academic talent, while others demonstrate a broad range of outstanding potentials in music, arts, sports, dance, martial arts, etc. We enjoyed a taekwondo performance by one of the awardees on that day. Although she is only a primary student, her performance was full of confidence and power. We were impressed with her passion and could image the strenuous training she had undergone.

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International cooperation on green finance

Finance is for serving the real economy. While we promote green and sustainable economic development, financial services should also contain these two elements to guide the flow of funds in suitable directions. And this is our objective for promoting green finance.

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