The city’s welfare minister Dr Law Chi-kwong (left), and finance chief Paul Chan (right) announce the cash handout for 2.8 million Hongkongers on Friday. Photo: Sam Tsang

2.8 million Hongkongers to get cash handout of up to HK$4,000 each, in ‘targeted’ scheme to share massive budget surplus

The handouts will cost the government HK$11 billion, as it bows to intense public and political pressure to share the city’s HK$138 billion surplus with more residents

Topic |   Hong Kong Budget 2018-2019

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The city’s welfare minister Dr Law Chi-kwong (left), and finance chief Paul Chan (right) announce the cash handout for 2.8 million Hongkongers on Friday. Photo: Sam Tsang
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