--- title: "Budget Proposal: Paul Chan: Funding for the \"Re-employment Subsidy Pilot Scheme\" for the next fiscal year increased to HKD 222 million" description: "The Secretary for Financial Services and the Treasury, Chan Mo-po, stated that the \"Re-employment Subsidy Trial Scheme\" has received an ideal response, with over 37,000 employment cases recorded since" type: "news" locale: "en" url: "https://longbridge.com/en/news/276833152.md" published_at: "2026-02-25T04:44:20.000Z" --- # Budget Proposal: Paul Chan: Funding for the "Re-employment Subsidy Pilot Scheme" for the next fiscal year increased to HKD 222 million > The Secretary for Financial Services and the Treasury, Chan Mo-po, stated that the "Re-employment Subsidy Trial Scheme" has received an ideal response, with over 37,000 employment cases recorded since its launch a year and a half ago. The funding for the next fiscal year will increase to HKD 222 million. He mentioned that the "Employment Programme for Middle-aged and Elderly Persons" funded nearly 4,500 cases last year. In addition, the Re-training Board also introduced two new training courses specifically for individuals aged 50 and above last year The Financial Secretary, Paul Chan, stated that the "Re-employment Subsidy Trial Scheme" has received an ideal response, with over 37,000 employment cases recorded since its launch a year and a half ago. The funding for the next fiscal year will increase to HKD 222 million. He mentioned that the "Mid-to-High Age Employment Program" funded nearly 4,500 cases last year. In addition, the Re-training Board also introduced two new training courses specifically for individuals aged 50 and above last year ### Related Stocks - [07500.HK - FI2 CSOP HSI](https://longbridge.com/en/quote/07500.HK.md) - [07300.HK - FI CSOP HSI](https://longbridge.com/en/quote/07300.HK.md) - [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md) - [03037.HK - CSOP HSI ETF](https://longbridge.com/en/quote/03037.HK.md) - [02800.HK - TRACKER FUND](https://longbridge.com/en/quote/02800.HK.md) - [07200.HK - FL2 CSOP HSI](https://longbridge.com/en/quote/07200.HK.md) - [03115.HK - ISHARESHSI](https://longbridge.com/en/quote/03115.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | HK budget - govt forecasts 2026 underlying inflation at 1.7% | HK budget - govt forecasts 2026 underlying inflation at 1.7% | [Link](https://longbridge.com/en/news/276823839.md) | | Hong Kong hikes stamp duty for luxury homes as sales rebound | Hong Kong is increasing stamp duty on luxury home transactions over HK$100 million from 4.25% to 6.5%, as announced by F | [Link](https://longbridge.com/en/news/276841752.md) | | Hong Kong govt says Q4 GDP +3.8% y/y | Hong Kong govt says Q4 GDP +3.8% y/y | [Link](https://longbridge.com/en/news/276826499.md) | | Hong Kong sees fast growth continuing into 2026 on rebound | Hong Kong's Financial Secretary Paul Chan forecasts economic growth of 2.5 to 3.5 percent in 2026, reflecting confidence | [Link](https://longbridge.com/en/news/276829842.md) | | Hong Kong budget must be ‘prudent’, balance social needs and reserves: Paul Chan | Hong Kong's Financial Secretary Paul Chan emphasized the need for fiscal prudence in the upcoming 2026-27 budget, balanc | [Link](https://longbridge.com/en/news/276527893.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.