China Daily (Hong Kong)

How we spend defines who we are

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Hong Kong is a society that sometimes seems to be in love with money, spending it and enamored with expensive things. We therefore seem to believe that every problem can be solved with money and, in particular, every social problem could be solved if you throw enough money at it. With the annual budget due to be announced on Feb 22, this characteri­stic has become more pronounced lately.

However, deep down, we know this is a foolish way to look at things. There is an English proverb “throwing good money after bad”. Money spent foolishly is clearly not going to solve any problems. When we pay our taxes we have to hope the government will spend our money wisely and to the benefit of all. The financial secretary in turn must rely on individual department­s to come up with good ideas and implement them conscienti­ously. If I were the financial secretary I would operate a mental traffic light system when it came to planning expenditur­e.

For example, I would give a green light to any spending proposals that came from the Food and Health Bureau. Spending on health and medical items is very close to the heart of the public and they have amply demonstrat­ed their faith in the able leadership of Dr Ko Wingman and Professor Sophia Chan. We should have confidence in their ability to map out the best strategies in this important area. There would be no harm in giving them a blank check!

Infrastruc­ture is often regarded as a safe bet when it comes to public spending as it’s seen as a longterm investment, a prime creator of employment opportunit­ies and aid to economic developmen­t. However, in the case of Hong Kong I would award it only an amber light. Too often recently, infrastruc­ture projects have proved controvers­ial. “White elephants” have been used to describe some of our most ambitious infrastruc­ture projects too advanced to be axed.

Education expenditur­e, currently the biggest consumer of the Hong Kong budget, would be another candidate for the amber light. I would give out the relatively small sums required to repair and renovate our government schools. Anyone who goes regularly to these will know how they mostly look dingy and unloved, definitely the poor relations of the posh fee-paying schools. I would also look seriously at the wise words that have come recently from the Legislativ­e Council’s Public Accounts Committee on the subject of higher education opportunit­ies. Should we tip the balance of the undergradu­ate intake more in favor of local Hong Kong society? Should we consider increasing the number of our universiti­es so that fewer of our qualified applicants have to be disappoint­ed?

On the other hand, I would definitely scrap the Territory-wide System Assessment (TSA) and the latest manifestat­ions which are TSA in disguise. This is a project which seems to be universall­y loathed by teachers, parents and children alike and with never a clear explanatio­n of what it will achieve. I would also cast a critical eye on two of the planks of the current Hong Kong education system: the Diploma of Secondary Education (DSS) and the Direct Subsidy Scheme schools. The first seems now to be handicappi­ng our efforts to be a modern innovative city with a workforce well qualified in science and technology. The DSS is also making the process of education a joyless one for our children while reversing the social mobility on which Hong Kong’s success was built.

And the red light? That will be reserved for the cash sweeteners that have become a budget feature in recent years. Of course, it’s nice The author was a deputy secretary and directorat­e officer at various bureaus and department­s of the Hong Kong SAR Government. Since her retirement, she has been active in welfare-related NGOs.

to have a few extra thousand dollars filling out your wallet and for those suffering financial difficulti­es it will be as welcome as warm rain in springtime. However, I have yet to find this “freebee” practice defensible in terms of genuine merit. On the contrary, there are too many horror stories of ID card holders who for many years have been living overseas and not paying Hong Kong taxes coming back just to claim this windfall.

“Money may not be everything,” I heard a wise professor say, “but lack of money is everything”. We should be grateful for the many years of careful stewardshi­p of Hong Kong’s finances that leaves us able to pick and choose as to our spending priorities. So let us not be lulled by our good fortune into indiscrimi­nate distributi­on of largesse — even just to win the good will of our citizenry. Prioritiza­tion should be dictated by identifyin­g the most deserving of all clamoring needs, and not by those who speak at the highest decibels.

The financial secretary should be guided by the long-term impact of his decisions, and not to gain short-term plaudits. Ensuring a more equitable society where our senior citizens can enjoy a dignified existence and providing reasonable opportunit­ies to help our talented young entreprene­urs to launch a promising career are all worthy considerat­ions.

 ?? PHOTO BY EDMOND TANG ?? An office worker sits glued to his smartphone next to a bronze statue of two children reading books outside Hong Kong’s Central Library in Causeway Bay. Seeing people engrossed in their phones is an everyday phenomenon on Hong Kong streets.
PHOTO BY EDMOND TANG An office worker sits glued to his smartphone next to a bronze statue of two children reading books outside Hong Kong’s Central Library in Causeway Bay. Seeing people engrossed in their phones is an everyday phenomenon on Hong Kong streets.
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