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Chui tipped to continue Macau cash handouts

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The amount of cash the Macau government will hand out is the talk of the town ahead of the first policy address to be delivered by Dr Fernando Chui Sai-on, who became chief executive on December 20.

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Macau may extend its two-year tradition of a cash giveaway even when governments around the world are considering how to unwind stimulus measures, analysts say.

'The policy of doling out cash works in Macau although I am not in favour of such an approach,' veteran Macau observer Camoes Tam Chi-keung said. 'Protests were often big before the government handed out cash but only a small number of people took to the streets after receiving cash bonuses.'

The egalitarian policy of a cash bonus for everyone has little to do with spurring economic growth in Macau, the world's biggest and growing gambling hub.

Such a method of wealth-sharing helps please the masses embittered by their inability to benefit from Macau's robust growth, analysts say.

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Chui will deliver the policy address in the legislature tomorrow, when residents will compare his possible cash handout with those given by his predecessor, Edmund Ho Hau-wah, in 2008 and last year.

Other key policies expected from the new leader include an increase in public housing flats, building a hospital on Taipa Island, and measures to ease traffic jams.

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