03.02.01.03. What is the process for deciding how much funding is available for long-term care service provision? | Hong Kong SAR

03.02.01.03. What is the process for deciding how much funding is available for long-term care service provision? | Hong Kong SAR

18 Aug 2022

In Hong Kong, the control and management of the public finances are governed by the Public Finance Ordinance (Cap. 2). The preparation of the estimates of the Government’s revenue and expenditure for the upcoming financial year is the responsibility of the Financial Secretary while the approval of the Budget rests with the Legislative Council (Legislative Council Secretariat, 2019b). For an illustration of the budgetary process, please 02.02.04.03 in Part 2.

References:

Legislative Council Secretariat. (2019b). Legistrative Council in Brief No. 8 – How does the Legistrative Council approve public expenditure. Hong Kong: Legislative Council, HKSAR Retrieved from https://www.legco.gov.hk/education/files/english/Factsheet/Factsheet8.pdf.