Wealth Partaking Scheme (Chinese:
Target beneficiaries
editResidents who have a valid or renewable Macau Resident Identity Card are the target beneficiaries of the scheme.[1]
Payment methods
editBeneficiaries of the Social Welfare Bureau (IAS), which include teachers who receive direct subsidies, students who are subsidized with scholarships or from the Student Welfare Fund by the Education and Youth Affairs Bureau (DESJ), other retired civil service employees, and senior citizens may have their money automatically deposited in a banking account or they can receive a crossed cheque by post.[1]
Details of the scheme
editFrancis Tam, the Secretary for Economy and Finance, announced the Wealth Partaking Scheme at the Macau Government Headquarters on May 23, 2008. He said that for the initial run of the scheme, holders of permanent and non-permanent Macau Resident Identity Cards could receive 5,000 and 3,000 patacas respectively.[1] More than 11,000 people who qualified for Macau Resident Identity Card applied for one after the scheme was announced, hoping to receive money. This is 10 times more than the normal number of applications.[2]
In his policy address on November 11, 2008, Chief Executive of Macau Edmund Ho announced that the region would have another wealth sharing scheme in the next fiscal year (2009) to help offset the negative economic influence of the Financial crisis of 2007–08.[3] This time, permanent and non-permanent residents would receive 6,000 and 3,600 patacas as announced by Edmund Ho during the question and answer session in the Legislative Assembly of Macau on April 16, 2009.[4] Every year since, the scheme has been a regular part of the Policy Address.
In his policy address on November 16, 2010, Chief Executive of Macau Fernando Chui announced a substantial decrease for the scheme to 4,000 and 2,400 patacas for permanent and non-permanent residents respectively. The next year on April 21, 2011, Chui announced that "Cash Subsidy" (Portuguese: Apoio Pecuniário, Chinese:
Subsidy amount by year
editDate announced (DD/MM/YYYY) |
Fiscal Year | Numbers of beneficiaries | Amount for permanent resident (patacas) | Amount for non-permanent resident (patacas) | Percentage change from previous fiscal year | Total amount of cash disbursement (patacas) | Notes | Ref(s). |
---|---|---|---|---|---|---|---|---|
23/05/2008 | 2008 | 532,616 | 5,000 | 3,000 | Not Applicable | 2,541,104,000 | First scheme | [6] |
11/11/2008 | 2009 | 547,648 | 6,000 | 3,600 | 20.00% | 3,129,836,400 | First time announced in the Policy Address | [7][8] |
16/03/2010 | 2010 | 574,739 | 6,000 | 3,600 | ± 00.00% | 3,277,719,600 | [9][10] | |
16/11/2010 | 2011 | 595,873 | 4,000 | 2,400 | 33.33% | 2,260,653,600 | amount for the Scheme only | [11][12] |
20/04/2011 | 2011 | 511,840 (for cheques only) |
3,000 | 1,800 | Not Applicable | 1,809,099,600 | amount for the Cash Subsidy | [13] |
15/11/2011 | 2012 | 615,072 | 7,000 | 4,200 | 75.00% | 4,099,860,800 | [14][15] | |
13/11/2012 | 2013 | 634,084 | 8,000 | 4,800 | 14.29% | 4,860,931,200 | [16][17] | |
12/11/2013 | 2014 | 9,000 | 5,400 | 12.50% | [18] | |||
11/11/2014 | 2015 | 9,000 | 5,400 | ± 00.00% | ||||
17/11/2015 | 2016 | 9,000 | 5,400 | ± 00.00% | ||||
15/11/2016 | 2017 | 9,000 | 5,400 | ± 00.00% | [19] | |||
14/11/2017 | 2018 | 9,000 | 5,400 | ± 00.00% | ||||
15/11/2018 | 2019 | 10,000 | 6,000 | 11.11% | ||||
Total amount | Not Applicable | 75,000 | 45,800 | Not Applicable |
Supporting department
editThe Government of Macau set up the "Support Centre for Wealth Disbursement" (Portuguese: Centro de apoio ao pagamento da comparticipação pecuniária, Chinese:
See also
edit- Basic income, unconditional government cash payments to the public
- Scheme $6,000, a similar scheme by the Hong Kong Government
- Social dividend, unconditional cash payment to the public derived from assets under public ownership
References
edit- ^ a b c
政府 公布 有 關 「現金 分 享 」計 劃發放 安 排 (in Chinese). Va Kio Daily. 2008-05-24. Retrieved 2013-11-16. - ^
澳門 身 份證明 局 接 獲 居留 權 申請 書 數量 暴增 (in Chinese). Xinhua News Agency. 2008-05-28. Archived from the original on May 31, 2008. Retrieved 2013-11-16. - ^
澳門 政府 再 向 每 人 派 發 5000元 紅 包 應對 金融 風 暴 (in Chinese). Xinhua News Agency. 2008-11-12. Archived from the original on December 25, 2008. Retrieved 2012-11-08. - ^
政府 推出現金 分 享 及醫療 補 貼 計 劃 (in Chinese). Macau Government. 2009-04-16. Retrieved 2013-11-16. - ^
再 派 三 千 抗 通 脹 (in Chinese). Journal Cheng Pou. 2011-04-21. Retrieved 2013-11-16. - ^ a b 「2008
年度 現金 分 享 計 劃」新聞 稿 (in Chinese). Government Information Bureau. 2008-10-30. Retrieved 2013-11-16. - ^ "Policy Address for the Fiscal Year 2009" (PDF). Macau Government. 2008-11-11. Retrieved 2013-11-16.
- ^ 「2009
年度 現金 分 享 計 劃」新聞 稿 (in Chinese). Government Information Bureau. 2009-08-30. Retrieved 2013-11-16. - ^ "Policy Address for the Fiscal Year 2010" (PDF). Macau Government. 2010-03-16. Retrieved 2013-11-16.
- ^ 「2010
年度 現金 分 享 計 劃」 (PDF) (in Chinese). Government Information Bureau. 2010-10-26. Retrieved 2013-11-16. - ^ "Policy Address for the Fiscal Year 2011" (PDF). Macau Government. 2010-11-16. Retrieved 2013-11-16.
- ^
本年度 現金 分 享 計 劃三 月 底 完成 發 放 (PDF) (in Chinese). Government Information Bureau. 2011-04-15. Retrieved 2013-11-16. - ^ "Relocation of Services from the Support Centre for Cash Subsidy to the Service Centre of Civil and Municipal Affairs Bureau". Support Centre for Cash Subsidy. 2011-12-07. Retrieved 2013-11-16.
- ^ "Policy Address for the Fiscal Year 2012" (PDF). Macau Government. 2011-11-15. Retrieved 2013-11-16.
- ^ "Cash Disbursement of Wealth Partaking Scheme 2012 to be concluded in the end of July" (PDF). Support Centre for Wealth Partaking Disbursement. 2012-07-28. Retrieved 2013-11-16.
- ^ "Policy Address for the Fiscal Year 2013" (PDF). Macau Government. 2012-11-13. Retrieved 2013-11-16.
- ^ "Support Centre for Wealth Partaking Scheme 2013 Operated until 30 September". Support Centre for Wealth Partaking Disbursement. 2013-10-01. Retrieved 2013-11-16.
- ^ "Highlights of the Policy Address for the Fiscal Year 2014" (PDF). Macau Government. 2013-11-12. Retrieved 2013-11-16.
- ^ "Highlights of the Policy Address for the Fiscal Year 2017" (PDF). Macau Government. November 2016. Retrieved 2016-12-18.
- ^
發 放 輔助中心 簡介 (in Chinese). Identification Department. 2008. Retrieved 2013-11-16.
- "Regulamento Administrativo n.º 12/2008" (PDF) (in Portuguese). Government Printing Bureau. 2008-06-09. Retrieved 2013-11-16.