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

About Scott Douglas Jacobsen

Scott Jacobsen has written 37 articles.

Scott Douglas Jacobsen researches with varied research labs and groups, and works part-time in landscaping. He founded In-Sight: Independent Interview-Based Journal and In-Sight Publishing. He authored/co-authored some e-books, free or low-cost. If you want to contact Scott, you may inquire or comment through e-mail: He is a Tobis Fellow (Fall, 2016) at the UCI Interdisciplinary Center for the Scientific Study of Ethics and Morality (Ethics Center), weekly interview columnist for Conatus News, writer and Executive Administrator for Trusted Clothes, the Vice President of Outreach for the Almas Jiwani Foundation, Councilor for the Athabasca University Student Union, member of the Learning Analytics Research Group, writer for The Voice Magazine, Your Political Party of BC, Progressive Party of BC, Marijuana Party of Canada, BC Refederation Party, and Little Footprints Big Steps International Development Organization, Community Journalist/Blogger for Gordon Neighbourhood House, member-at-large and writer for Canadian Students for Sensible Drug Policy, and member of the Lifespan Cognition Psychology Lab and IMAGe Psychology Lab.

The views expressed in this Op-Ed piece are solely those of the author and do not necessarily represent the view of Basic Income News or BIEN. BIEN and Basic Income News do not endorse any particular policy, but Basic Income News welcomes discussion from all points of view in its Op-Ed section.

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