Hongkongers are in line for extra government support under a fund fighting the impact of the Covid-19. Photo: Xiaomei Chen
Hongkongers are in line for extra government support under a fund fighting the impact of the Covid-19. Photo: Xiaomei Chen

Coronavirus: Hong Kong’s HK$24 billion third-round cash relief offers lifeline to struggling firms, but city’s fiscal reserves take a hit

  • Firms supported but to lesser degree than in previous rounds as city’s fiscal reserves fall to HK$800 billion
  • Much of the funding dedicated to Covid-19 fight, such as investing in vaccines, health care and contactless payments

Hongkongers are in line for extra government support under a fund fighting the impact of the Covid-19. Photo: Xiaomei Chen
Hongkongers are in line for extra government support under a fund fighting the impact of the Covid-19. Photo: Xiaomei Chen
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