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Although the Hong Kong government promotes laissez-faire policies, it also endeavors to support the poor through various programs.
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The Comprehensive Social Security Assistance (CSSA) scheme was introduced in 1993 to support the needy.
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It is the successor to the Public Assistance Scheme launched in 1971.
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Over the years, the assistance amount and eligibility criteria of the CSSA scheme have been revised several times to adapt to changing economic conditions.
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In addition to this scheme, the government has also introduced the Working Family Allowance Scheme, which provides allowances to families based on the number of hours the parents work, and a monthly allowance for each eligible child.
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In addition, to support needy families, the government has also established systems such as the Kindergarten and Nursery School Fee Reduction Scheme and the Kindergarten Student Tuition Subsidy Scheme.
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There are also various support programs for children from families receiving primary, secondary and tertiary education, such as financial assistance for continuing education.
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Although these systems are designed to provide support to families with limited resources, the authorities have been criticized for providing only limited support to local families.【Professional Stock Tips】Online investment opportunities designed for steady growth.