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Budget Speech

Ageing Population

134.    The ageing population is a formidable challenge to us.  Our labour force will decline as from 2018 and our economic vibrancy will be dampened.  The growth of the elderly population will push up demands for healthcare and elderly services, thus increasing public expenditure.  We shall encourage the potential workforce to enter or re-enter the labour market.  We shall continue to allocate resources to improve healthcare and elderly services.



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