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Hong kong is giving every adult resident 1 200 no strings attached.
Hong kong stimulus package details. The hong kong government unveiled a new round of stimulus package of hkd137 5 billion on 8 april 2020 to support businesses and individuals as the covid 19 outbreak continues to severely damage the global economy. Tourists look at the hong kong skyline from a viewing terrace on victoria peak. The most recent stimulus package represents approximately 5 of hong kong s gross domestic product and covers a broad range of issues and sectors and the provisions are intended to help businesses stay afloat alleviate some of the financial burden suffered by individuals and businesses and ultimately assist the hong kong economy in recovering after the covid 19 crisis passes.
Hong kong financial secretary paul chan announced a hk 120 billion us 15 4 billion relief package in an effort to shore up economic confidence in a city battered by.
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