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Operators Should Share Costs of HK$2 Fare Scheme for Fair Distribution

share-iconTuesday, January 07 comment-icon2 weeks ago 6 views
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scmpSCMP
Operators Should Share Costs of HK$2 Fare Scheme for Fair Distribution

Credited from: SCMP

  • Financial Secretary Paul Chan Mo-po faces a significant HK$100 billion deficit yet hesitates to involve transport operators in the HK$2 fare scheme.
  • The scheme has yielded increased ridership and revenue for transport operators, benefiting their bottom line.
  • Without government subsidies, many elderly residents would likely reduce their public transport usage.
  • A proposal suggests conducting a detailed analysis to assess additional profits gained by operators from the scheme, advocating for partial rebates.
  • In a separate letter, concerns are raised about Macau's booming economy not translating into happiness for its residents due to high living costs and job scarcity.

For more details, visit the original article here.

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Hk$2 fare scheme Transport operators Public transport Economic reality Cost distribution
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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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