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Policy Address
Enhancing the Lump Sum Grant Subvention System
84. From 2014-15 onwards, the Government will increase annual recurrent funding for NGOs under the Lump Sum Grant Subvention System to strengthen their central administrative and supervisory support, and to increase the provision for “other charges”. The Government will allow NGOs more flexibility in using the Provident Fund reserve. The Government will also provide additional resources to enable NGOs to recruit and retain paramedical staff more effectively or hire paramedical services to deliver their SWD-subvented services. In 2014-15, the above measures will together incur additional recurrent expenditure of about $470 million.
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