Next year’s way of sharing wealth depends on residents’ views & Covid-19 pandemic development
Chief Executive Ho Iat Seng said on Monday that the way the government will give residents its annual “wealth-sharing” handout next year would depend on their views and the development of the COVID-19 pandemic, but he reaffirmed that the government would continue sharing the city’s wealth with residents in cash if “everybody” prefers it that way.
Gaming law public consultation
Ho said that the government will hold a public consultation first before drafting amendments to the gaming law. Ho pointed out that according to the full version of the 2021 Policy Address, the government plans to submit a bill amending the gaming industry law to the legislature for debate and vote in the fourth quarter of next year, but whether the schedule could be achieved would depend on the outcome of the public consultation to be held next year.
CE says Macao would need sandwich class housing
Chief Executive Ho Iat Seng said that Macao would need housing projects for Macao’s sandwich class. Ho said that young people or those who do not live with senior citizens have only a small chance of buying a subsidised home-ownership scheme (HOS) flat.