Locals raise concerns over potential policy changes as cash handouts start today

This year’s wealth-sharing cash handouts will distribute payments to eligible Macau residents today through bank transfers and checks, with details available via the “Macao One Account” and its official website.

The 2025 Wealth Partaking Scheme will grant eligible permanent residents MOP10,000 and non-permanent residents MOP6,000.

According to the Policy Address, the scheme aims to ensure that Macau residents benefit from economic development while addressing local livelihood needs.

In this context, the Times yesterday conducted interviews with several locals in the city center, most of whom voiced strong objections to any potential changes the government might make to the cash handout policy.

‘A buffer period is needed’ for any adjustments

Ng, a local resident in her sixties, told the Times that while many young people tend to spend their MOP10,000 cash handout on travel, she uses it more practically, especially during the summer holidays.

However, she has different priorities for the money, especially during summer vacation when she enjoys taking her family members to nearby destinations for fun.

When discussing travel preferences, Ng mentioned that many people opt for Guangdong Province or Southeast Asia, particularly Taiwan, and she believes that MOP10,000 is generally sufficient for such trips.

Addressing the family’s financial situation, she clarified that not everyone contributes to the travel expenses, and she is willing to cover the costs herself.

Regarding the value of MOP10,000, she remarked, “This amount is acceptable,” but expressed concerns that this year feels less favorable than previous ones, particularly following the government’s recent restrictions. She emphasized the need for a more thoughtful approach, stating, “They should have provided a buffer period.”

On the topic of local residents, Ng believes that those born in Macau deserve support, while individuals who obtained Macau ID cards but subsequently left should not be entitled to excessive subsidies.

She firmly stated that those who have not contributed to the community should be excluded from the subsidy program.

Finally, when asked about her preferences, Ng expressed her hope that the government will continue to distribute MOP 10,000 in cash, rather than reallocating those funds to other social welfare measures. She articulated that everyone’s needs are different, and having cash on hand can be crucial for medical expenses or household needs.

‘No one ever thinks it’s too much money’

Asked about the upcoming cash handout, the Lous, a couple in their 60s, said they plan to set the money aside for daily expenses, such as water and electricity bills.

They also noted that the funds would cover smaller everyday costs, like buying coffee and paying management fees.

When asked about the significance of the MOP10,000, the wife remarked, “No one ever thinks it’s too much money,” emphasizing that the cash handout would be particularly beneficial given the rising prices, which have made grocery shopping more expensive.

Regarding future government subsidy policies, the couple expressed a desire for the government to continue distributing the MOP10,000 rather than reallocating these funds to other social welfare measures.

The husband highlighted that “during the pandemic, many individuals in need, including housewives and the elderly, did not receive adequate support.” He firmly believes that subsidies should be designed to benefit everyone rather than target specific groups, as this could create a sense of favoritism.

‘It’s better than nothing’

Choi, a local man in his 30s, said he plans to use the cash handout to cover daily expenses such as electricity bills and internet fees. Choi noted, “While this amount isn’t enough to sustain us for a long time, it can cover several months’ worth of expenses, especially since internet fees are now quite high, costing nearly MOP900 per month.”

Choi acknowledged that the MOP10,000 cash handout may not seem substantial, but he remarked, “It’s better than nothing,” expressing gratitude to the government for the distribution. He hopes the policy will not be discontinued, stating, “At least this money is useful.”

When asked about future assistance, Choi expressed a desire for the government to continue providing the cash handout, assuming the fiscal situation remains stable.

However, he recognized that if the economy encounters difficulties, there may be little that can be done. He believes that direct cash assistance is more effective than other forms of welfare, as cash can be used for various needs, whereas other types of support may not offer significant help. Choi once again emphasized that “cash distribution is the most direct and effective method of assistance.”

Consumption cards to stimulate economy

A 20-year-old local man, Chan, told the Times that his typical travel expenses amount to about MOP10,000, often supplemented by extra personal funds. He added that if managed carefully, this sum could cover a month’s basic living expenses. When asked about the significance of this amount, he noted that if used wisely, it could cover a month’s basic expenses.

Chan plans to save the cash handout, considering it for travel or purchases, while also setting aside a portion for emergencies.

He emphasized that although he would contemplate using this money for daily expenses, he intends to be cautious with his spending.

Regarding future government subsidy measures, Chan expressed a preference for converting cash handouts into consumption cards if the government aims to stimulate Macau’s economy. He believes that consumption cards could more effectively encourage spending and boost local economic activity.