Hospital Authority will offer low-interest loan of up to HK$6 million per head to public hospitals staff to buy flat in an attempt to stop worsening brain drain. The loan scheme was passed in a general meeting Thursday, together with two other manpower retainment policies including strengthening the promotion ladder and establishing a Hospital Authority Academy. It is an enhancement of the authority's existing Home Loan Interest Subsidy Scheme launched in the 1990s, in which employees could apply for interest subsidies after they have purchased homes. Another candidate Chan Wing-kwong also welcomed the measures, as he believed the low-interest home loan scheme can solve doctors and nurses’ difficulties of saving their first installments. Other candidates in the Medical and Health Services sector are Scarlett Pong Oi-lan, David Lam Tzit-yuen and Ho Sung-hon.

Source: The Standard December 17, 2021 02:52 UTC