The current systems to elect the chief executive and legislators are suitable for Macau.
Politics
The controversial bill proposing the transfer of MOP 60 billion for setting-up MSAR Investment and Development Fund is to be withdrawn from Wednesday’s plenary session agenda.
The overall budget for November’s by-election of an indirectly-elected seat in the Legislative Assembly has been set at 3.28 million patacas.
Commander Xu Liangcai pointed out that this year marks the 20th anniversary of the stationing of a garrison of the People’s Liberation Army in Macau.
The government plans to set up the local version of a “sovereign wealth fund” with a proposed capital of 60 billion patacas.
Macau flag will be flown at half-mast today to mourn the passing of the nation’s former premier Li Peng.
Former Legislative Assembly president Ho Iat Seng has been accepted by the commission as a nominee for running in next month’s chief executive election.
Ho Iat Seng’s election as Macau’s third chief executive next month is a done deal, as he has secured the backing of 94.5% of the Chief Executive Election Committee.
13 local residents plan to run in the chief executive election next month and have picked up nomination forms.