星期三 , 3 6 月 2020
首頁 / English / HK News / HK government announces $130 billion measures to support economy

HK government announces $130 billion measures to support economy

(Photo by GIS)

Hong Kong’s Chief Executive Mrs Carrie Lam announced a series of measures involving over $130 billion, as the second round of Anti-epidemic Fund, on April 8, in response to the challenges arising from the coronavirus.

The measures, aiming to help businesses stay afloat and keep workers in employment, include introducing an $80 billion Employment Support Scheme under which wage subsidies will be provided to eligible employers. In addition, the government will help the local public transportation, MTR, to provide a 20 per cent fare discount, allow deferrals of tax payments and carry out other measures.

The total cost of the package is $137.5 billion. Together with the $30 billion under the first round of the Anti-epidemic Fund, the government will spend nearly $170 billion to fight against the coronavirus.

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