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HKSAR gov't to inject around 825.53 mln USD to help COVID-19-hit industries

The Hong Kong Special Administrative Region (HKSAR) government said on Thursday that it will launch a new round of anti-epidemic fund worth 6.4 billion HK dollars (about 825.53 million U.S. dollars) to help hard-hit industries, including fitness centers and restaurants. Matthew Cheung, chief secretary for administration of the HKSAR government, told the media that among the 6.4 billion HK dollars relief funding, 5.5 billion HK dollars are earmarked to help industries hard-hit by COVID-19 and the remaining will be for emergency use. The HKSAR government s decision of injecting a new round of funding was prompted by the latest epidemic situation which is not optimistic, Cheung said, adding that this round will be more focused on helping premises that are ordered to close under the social distancing measures.

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HKSAR gov't to inject around 825.53 mln USD to help COVID-19-hit industries - Xinhua

HKSAR gov't to inject around 825.53 mln USD to help COVID-19-hit industries - Xinhua
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