Budget │Distributing 5,000 yuan electronic consumer vouchers to residents over 18 years old is expected to cost 36 billion

Social News

Written by: Liang Huanmin

2021-02-24 11:38

The last update date: 2021-02-24 11:38

Affected by the new crown epidemic, Hong Kong's economy continues to be in a downturn, which has greatly affected industries such as tourism and retail.

Financial Secretary Chen Maobo announced today (24) the budget for the new year, proposing to distribute $5,000 in electronic consumer vouchers to all permanent residents and new arrivals over 18 years old in Hong Kong, hoping to provide key assistance Related industries.

The retail industry has been greatly affected by the various restrictions on tourism and the epidemic.

(Data Picture/Photo by Gao Zhongming)

7.2 million people expected to benefit

Affected by the new crown epidemic, Hong Kong's economy has continued to be in a downturn, and industries such as tourism and retail have been greatly affected. The unemployment rate has soared to 7%, and more than 250,000 people are unemployed.

Chen Maobo proposed to issue a total of $5,000 in electronic consumer vouchers to each eligible Hong Kong permanent resident and new arrivals aged 18 or above. It is estimated that 7.2 million people will benefit and 36 billion yuan will be used to encourage and stimulate local consumption. , And hope to focus on assisting related industries.

▼The retail industry is greatly affected by the epidemic▼

+11

+11

+11

In addition, 1.5 billion yuan will be injected into the "Special Fund for Brand Development, Upgrading and Transformation, and Expansion of the Domestic Market", and the upper limit of corporate funding will be increased to 6 million yuan, and the scope of funding will be expanded in stages.

▼The epidemic slows down on the seventh day of the first day (February 18) social distancing measures are conditionally relaxed▼

+15

+15

+15

+3

+3

+3

01News

Budget 2021 | The community joins a large-scale "vaccine" syringe petition to promote unemployment assistance

Budget | Retail stocks in electronic consumer coupons rumored to be issued 5,000 yuan

Budget 2021 | Unemployed 100% loan expected to be released, citizens approve useless hope to get back their MPF

Budget │Distributing 5,000 yuan electronic consumer vouchers to residents over 18 years old is expected to cost 36 billion yuan

Budget 2021 | A brief review of the budget rumored measures to distribute sugar, how about you?

Restriction Order Budget 2021 Budget Chen Maobo Retail Industry