Changes to Hong Kong’s HK$2 transport subsidy scheme to kick in on April 3

AdvertisementHong Kong transportHong KongTransportChanges to Hong Kong’s HK$2 transport subsidy scheme to kick in on April 3Under revision, elderly and disabled residents will enjoy flat rate for trips costing HK$10 or less, pay 20 per cent of fares exceeding threshold1-MIN READ1-MIN8 ListenOscar LiuPublished: 12:09pm, 23 Mar 2026Updated: 12:12pm, 23 Mar 2026Hong Kong will implement the revised HK$2 (26 US cents) transport fare scheme next Friday, under which elderly and disabled residents will only enjoy the flat rate for journeys costing HK$10 or less.Authorities said on Monday that the new “HK$2 flat rate or 80 per cent discount” model would be implemented on April 3.Beneficiaries under the revised scheme will only enjoy the HK$2 rate for journeys where the adult fare is HK$10 or less, and will have to pay 20 per cent of fares that exceed that threshold.AdvertisementFinancial Secretary Paul Chan Mo-po first announced the planned changes in his budget speech last year, in a bid to scale back spending amid concerns about the scheme’s ballooning costs as the city’s ageing population grew.Secretary for Labour and Welfare Chris Sun Yuk-han on Monday said the original HK$2 concessionary fare aimed to build a caring and inclusive society by encouraging the elderly and people with certain disabilities to participate more in community activities.Advertisement“The ‘HK$2 flat rate or 80 per cent discount’ adjustment preserves the policy intent of the scheme while striking a balance between enhancing the sustainability of the scheme and minimising impacts on beneficiaries,” he said.AdvertisementSelect VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001.00x