Consensus on decent provision for elderly hoped for
The Governor, the Rt Hon Christopher Patten, expressed the hope that a consensus would be found within the community for a sensible way forward to provide affordable and decent provision for the retired and the elderly.
"I think we have arrived at a stage where we've got to make our minds up one way or the other.
"I very much hope therefore the Legislative Council, when they discuss these matters next week, will give a lead," he said.
Speaking at the opening of the Tung Wah Group of Hospitals Wu York Yu Care and Attention Home this (Monday) afternoon, Mr Patten said there was much more that needed to be done for the elderly.
"We are already committed to far reaching improvements not just to the number of places and range of services available for their care, but to significant improvements in the quality of the service that is provided.
"We have made significant improvements as well to social security payments and we've begun studies that will help us to carry out a comprehensive review of benefit payments, not least those payments that go to the elderly.
"Beyond all that though, there is the pressing question of how to make adequate and affordable provision for the financial security of the elderly in their retirement," he added.
The new care and attention home will provide care to over 240 elderly people by April this year.
End/Monday, February 27, 1995
Transcript of remarks by FS on Barings
The following is the transcript of the remarks on Barings made by the Financial Secretary, Sir Hamish Macleod, to waiting journalists at the Central Government Offices this (Monday) morning:
Question: What's your reaction on Baring Brothers facing bankruptcy?
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