China: News from Macau’s “Wealth Partaking Scheme”
José Pereira Coutinho. Credit to: Macau Daily Times.
In the Legislative Assembly (AL) elections for The New Hope (Nova Esperança), a political party from Macau, candidacy is headed by lawmaker José Pereira Coutinho. He is urging for the redistribution of the second share of the Wealth Parking Scheme, as reported on by BIEN in late July, by the end of 2017.
Under this second share, local permanent residents will receive an increment in their annual unconditional (partial) basic income of US $1,128, while non-permanent residents will get more US $672. This constitutes a development considering what the program has been until now.
Coutinho urged political candidates at a press conference to act and not simply talk for solving people’s issues. The New Hope is looking for the construction of 80,000 affordable housing units. He also noted houses are not being built properly.
Moreover, Coutinho also proposed an increase in the health care voucher scheme from 600 (Macanese) Pataca (US $75) to 1,000 Pataca (US $124), with a 3,000 Pataca (US $372.76) handout for senior citizens.
More information at:
Renato Marques, “Al Election: New Hope Urges Gov’t to Double Wealth Partaking Scheme This Year“, Futurism, 5th September 2017