Hong Kong will give more handouts to consumers to support the city’s recovery from the COVID-19 restrictions.
Financial Secretary Paul Chan announced the information in the city’s latest budget.
The city will issue vouchers worth 5,000 Hong Kong dollars ($637) per person to all adults this year, half the amount issued in 2022.
Chan told legislators the city was at the beginning of an economic recovery, and no longer shackled by COVID measures.
He said on Wednesday; “I believe that Hong Kong’s economy will visibly recover this year, and I remain positive.
“However, the economic recovery is still in its initial stage, and there is a need for our people and businesses to regain vigour.”
Quadri Adejumo covers World News, Health, Climate & Humanitarian.
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