The Hong Kong government will spend about 3 billion HKD in the coming financial year to tackle poverty, according to the city's Chief Executive Leung Chun-ying, including launching the long overdue low income family allowance and increasing the amount of old age allowance.
Hong Kong's Social Welfare Department Tuesday launched the Guangdong Scheme, under which eligible Hong Kong elderly people aged 65 or above who live in Guangdong province will receive the monthly allowance of 1,135 HK dollars (about 146 U.S. dollars) without the need to return to Hong Kong each year.
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