Editorial : The changes in the government's fiscal policy
文章日期:2018年3月2日

【明報專訊】IN the budget just rolled out for the coming fiscal year, the government plans to share nearly 40 per cent of its fiscal surplus with the public and use the rest mainly for improving public services and investing in the future. It has also refrained from allocating enormous sums of money to various funds without putting it to good use. Overall, the government has indeed changed its fiscal policy, getting rid of penny-pinching and making expenditures in a more proactive manner. Its direction of investing in the improvement of services is also more concrete and clearer. However, to achieve these goals, it is never enough just for the Financial Secretary to splash out. Even if the government is willing to splash out on health care and innovation and technology, government departments need to be more proactive and tie in with the blueprint. Only by then will the conditions be ripe for accomplishing the goal .

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