Gov’t to distribute first round of $3,000 vouchers in April
The remaining $2,000 will be given in July.
The Hong Kong government announced it will be distributing the first round of $3,000 vouchers on 16 April.
The remaining $2,000 of the $ 5,000 vouchers will be distributed on 16 July.
“Referring to past experience, about slightly over 60% of the consumption voucher amount was spent on retail. Another about 20% was on food and beverage,” Financial Secretary Paul Chan said.
“The rest was for services. The amount spent on travelling is pretty small, about 5%.”
Read more: BUDGET 2023: HK to give $5k consumption vouchers to ease economic woes
Chan announced the new round of the consumption voucher scheme during the 2023/24 budget.
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