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FS paves way to green, digital future

A number of initiatives and measures aimed at accelerating high-quality development were announced in today’s 2024-25 Budget, with the Government emphasising a move towards a green future and digitalisation.   Explaining that high-quality development spurs ongoing economic innovation and growth whilst conserving the natural environment, Financial Secretary Paul Chan said Hong Kong must pursue opportunities through leveraging its advantages under “one country, two systems”, namely those of enjoying strong support at a national level and being closely connected to other parts of the world.   He stressed that green development involves huge business opportunities and financing needs, as governments and businesses around the world pursue carbon neutrality and green transformation. In addition, he said digitalisation has become a new driving force for economic development, empowering enterprises to enhance efficiency, boost their competitiveness and achieve new growth.   Introdu

Management reform explained

The Government’s move to streamline the mechanism for retiring officers with persistent sub-standard performance for reasons of public interest, will encourage people who are willing to do their best to join the civil service.   Secretary for the Civil Service Ingrid Yeung made the statement while responding to media questions after attending a radio programme today and explained why she believes that the streamlined mechanism will serve as an incentive rather than a deterrent for newcomers to the civil service team.   “Our serious attitude in dealing with persistent substantive performers will in fact, I believe, incentivise those who are willing to contribute their best to their work to join the civil service, because we are now giving out a signal that we are serious about work performance. We are serious about dealing with those who cannot contribute to the civil service team.   “So those who have the intention of contributing their best to the civil service will find their work rewarding, their performance will not be dragged down by team members who are not performing well.   “So I think this move will actually incentivise those who are willing to work, who are willing to put in their best to join the civil service.”

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