Year-on-year, however, the cost of education is up by more than eight percent, while labour groups say inflation is more serious than official figures show.
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The Southern African nation has become one of several countries to quit the oil cartel since its establishment in 1960.
The school will be changing its status to that of a university in line with the Macao government’s push to promote the city’s higher education sector.
The holidays are off to a chilly start, with strong winds and cold air expected over the coming few days.
Chief Executive Ho Iat Seng painted a positive picture of the city’s development over the past 24 years, thanking the central government for its support.
Trial operations have kicked off at what is now being called the Macao Union Hospital. When fully operational, it will be the largest healthcare facility in Macao.
Chief Executive Ho Iat Seng confirmed the estimate during yesterday’s celebrations marking Macao SAR Establishment Day.
The US claims there are national security risks in the Chinese-made equipment that its European ally is considering for its largest port.
While much of northern and central China is gripped by extremely cold conditions, it is rare for snow to fall in the south.