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The first table lists countries by the percentage of their population with an income of less than $2.15 (the extreme poverty line), $3.65 and $6.85 US dollars a day in 2017 international PPP prices. The data is from the most recent year available from the World Bank API. [1] [2] [3]
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 is one of the 12 largest departments under the Civil Service in Hong Kong, with 6266 civil servants working under it in 2021. [5] For the year 2021-2022, it is estimated that the total expenditure of SWD would be $104.3 billion.
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]
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Hong Kong SAR, and Macau SAR are excluded. Chinese administrative divisions by disposable income per capita in 2014 Chinese administrative divisions by nominal GDP per capita in 2014 Disposable income is total personal income minus personal current taxes.