An estimated 180,000 people will be eligible for low-interest, government-backed loans under a new initiative. Photo: Sam Tsang An estimated 180,000 people will be eligible for low-interest, government-backed loans under a new initiative. Photo: Sam Tsang
An estimated 180,000 people will be eligible for low-interest, government-backed loans under a new initiative. Photo: Sam Tsang
Paul Chan

Hong Kong budget: finance chief announces unprecedented government-backed loan scheme for the unemployed

  • The low-interest loans will be available to Hongkongers who found themselves out of work for at least two months last year as the coronavirus devastated the city’s economy
  • The government will also earmark another HK$6.6 billion to create some 30,000 fixed-contract jobs

Topic |   Paul Chan
An estimated 180,000 people will be eligible for low-interest, government-backed loans under a new initiative. Photo: Sam Tsang An estimated 180,000 people will be eligible for low-interest, government-backed loans under a new initiative. Photo: Sam Tsang
An estimated 180,000 people will be eligible for low-interest, government-backed loans under a new initiative. Photo: Sam Tsang
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