Every citizen gets to 1300 US Dollar Hong Kong helps unbureaucratically

Finance Minister Chan said on Wednesday: "It is guaranteed to comply with the expectations of our population, that we use our financial reserves to support ent

Every citizen gets to 1300 US Dollar Hong Kong helps unbureaucratically

Finance Minister Chan said on Wednesday: "It is guaranteed to comply with the expectations of our population, that we use our financial reserves to support enterprises and to alleviate the suffering of the people." Each resident will receive 10,000 Hong Kong dollars, which is about 1300 US dollars, in cash. According to the Statista, the number of inhabitants of the former British crown colony of the year at the end of 2018 around to 7.49 million.

All sectors of the economy of the special administrative region are suffering from the epidemic. Eight days ago, the business Bank HSBC had announced on the sidelines of the presentation of its business results to small and medium-sized companies with Liquidity support on a credit basis to help. The major International Bank had estimated a pot for the financing of about four billion dollars. It remained unclear, how much should be used of the money for municipal facilities and special-purpose enterprises. The Bank made no concrete information. In the same train, the financial institution put the number of its home - and part-time employees in Hong Kong, is currently on 30,000. Hang Seng 26.707,69 PTS. -204,36 (-0,76%) OTC

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Hong Kong wants to boost the domestic sales

hoping for the unbureaucratic and fast money assistance in the bar of the city administration, the business failures and losses of the local dealers field. In the last week, the government had announced to support the worst of the Coronavirus outbreak in the affected sectors of the economy, with 30 billion Hong Kong dollars. This includes cash spending on Restaurants and travel companies are included.

once the local authorities had a money issue carried out: in 2011, there was cash for the inhabitants, by the late global economic impact and financial crisis were affected.

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Date Of Update: 26 February 2020, 13:00
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