Budget Speech

108.      With economic development, we aim to build a prosperous and caring Hong Kong. Through spending in areas such as housing, healthcare and social welfare, we provide disadvantaged groups and people in difficulties with a basic safety net. We also invest heavily in education and training, and strengthen employment support services to enhance social mobility. Our estimated recurrent expenditure on education, health and social welfare for 2010-11 will reach around $130 billion, accounting for 56 per cent of recurrent government expenditure. I will now briefly describe my major proposals on developing human capital, community building, healthcare, and care for people in need.

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