$4.3m set for quake victims

CS supports Budget measures

Chief Secretary Matthew Cheung today said he strongly supports this year's Budget which provides much-needed relief to the public as well as businesses, and prepares for the post-COVID-19 economic revival.   Mr Cheung made the remarks after the Financial Secretary delivered the 2021-22 Budget, adding that the measures also continue to enhance Hong Kong's competitiveness and invest for the future.   He said: "The economy of Hong Kong has been severely hit and battered in the past year owing to the COVID-19 pandemic, social unrest, as well as external factors such as tensions between China and the United States.   "This Budget has been drawn up against this very difficult and challenging background.   "The most noteworthy measure in this year's Budget is perhaps the issuance of electronic consumption vouchers worth $5,000 to each eligible Hong Kong permanent resident and new arrival aged 18 or above. This is certainly a stimulant for local consumption and will help energise the local market."   Mr Cheung added that the Budget has also proposed short-term relief measures for the unemployed and placed emphasis on improving people's livelihood.   He firmly believes that the Legislative Council will pass the Appropriation Bill as soon as practicable to pave the way for the city's economic recovery.
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