Hong Kong personal loan scheme for unemployed extended until next year to tackle joblessness during coronavirus pandemic

A personal loan guarantee scheme for Hong Kong residents that lose their jobs under the Covid-19 pandemic will be extended until April 2023, the city’s financial chief said in his budget speech on Wednesday.An additional HK$6.6 billion (US$845.9 million) will also be allocated to create 30,000 temporary jobs to tackle the Covid-19 crisis and ease unemployment, Financial Secretary Paul Chan Mo-po added.“The 100% Personal Loan Guarantee Scheme rolled out last year has helped a lot of people. I…

Share this:

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

Written by Headlines

Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

Beijing may look for positives over US stance on Taiwan

Hong Kong regularises pilot subsidy scheme to support elderly waiting for residential care services