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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.
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]
The Social Welfare Department has received over 18.7 thousand applications until September 2014 and over 16 thousand Hong Kong elderly who lived in Guangdong province have received 1,180 Hong Kong dollars bonus per month since the scheme was launched. [3]
Sham Shui Po District is one of 18 districts of Hong Kong. It is the second poorest district by income in Hong Kong, with a predominantly working-class population of 405,869 in 2016 and the lowest median household income of all districts. [3] Sham Shui Po has long been home to poorer new immigrants from China.
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.
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.