Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China. In terms of low-income population s, Yuen Long hadwhile Sha Tin markedThe latest study found that some Inthe figures were The figures from last year were cchat highest since records began inwhen 1.
Despite the grim trend, officials argued the reality was not as bad. They pointed out that after taking into various social security allowances and one-off government relief subsidises, further analysis showed the poverty rate was only 9. This so-called post-intervention rate compared favourably with that inof 9.
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Still, the of people in the low-income group had increased slightly fromin But the government also expressed concern over an increase in poor working households. It said the social unrest and US-China trade war were to blame for the worsened poverty rate. The Hong Kong economy went into recession in the second half ofcontracting by 2.
Sze Lai-shan, of the Society for Community Organisation, warned more Hongkongers could fall under the poverty line inin the wake of the Covid economic slump. Fgee urged the government to introduce allowances for the jobless or unemployment insurance. From the cases our group has been serving, we have already noticed that a lot of families faced financial trouble because their breadwinners were thrown out of work due to the pandemic.
As household assets are not taken intothe government has treated the poverty line analysis as a framework to help understand forms of poverty and monitor the situation.
It has expressed views that setting the poverty line does not frwe the administration should automatically offer subsidies to individuals or households below the mark. Copyright