Saturday 17 April 2021
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scmp - 2 month ago

Hong Kong budget: HK$9.5 billion package of relief measures gives businesses shot in arm amid Covid-19 woes

Hong Kong businesses on Wednesday received a HK$9.5 billion package of relief measures, a much-needed shot in the arm to help them stay afloat during the Covid-19 pandemic, although sweeteners for individuals were cut back.Raising the borrowing limit for a government full guarantee loan scheme to HK$6 million for small and medium-sized enterprises was among the key measures Financial Secretary Paul Mo-po announced in his budget speech.Many of his other waivers also remained to relieve the…


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