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About 1.4 million of Hong Kong's population of about 7.5 million live in poverty, with the number of poor households rising to 619,000 in the first quarter of 2024, to account for about 22.7% of ...
As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions." [11] "National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates ...
The poverty rate in Hong Kong hit a high of 20.1%, but recent efforts by government programs have lowered this number to 14.7%. [ 62 ] In December 2012, the Commission on Poverty (CoP) was reinstated to prevent and alleviate poverty with three primary functions; analyze the poverty situation, assist policy formulation and to assess policy ...
Old Age Allowance (OAA), colloquially known as fruit money, is a Hong Kong government programme introduced in 1973 which provides monthly payments of $1,290 to elderly Hong Kong residents. There is no means test for the Higher Old Age Allowance given to recipients of age 70 or above.
Before 1 January 2004, any Hong Kong resident was eligible to apply for Comprehensive Social Security Assistance (CSSA) as long as they had been living in Hong Kong for a year. However, after 2004, Hong Kong residents were only eligible to apply for CSSA after living in Hong Kong for seven years. This was in effect from 2004 to 2013.
SWD also subvents The Society of Rehabilitation and Crime Prevention, Hong Kong (SRACP) as a major provider of support services for ex-offenders and discharged prisoners, ranging from hostel, employment development, pre-release preparation, court social work, community education and crime prevention services, to short-term rental assistance.
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Non-profit organizations also began to offer similar services in the end of the decade. Believing that taking care of the elderly is the responsibility of each family, the government initially only provided financial support to the elderly. [3] In 1972, the government set up a committee to find out the elderly needs in Hong Kong. [3]