Hong Kong to disburse remaining vouchers in July
This will inject $13b of purchasing power into the market.
The Hong Kong government will disburse the second instalment of the consumption voucher, starting 16 July.
Financial Secretary Paul Chan said the new round of disbursement will inject a total of $13b worth of purchasing power into the market.
“In tandem with the series of events launched under the 'Happy Hong Kong' campaign and the spending season in the summer holidays, I believe it will accelerate the economic recovery,” he said.
Read more: Eligible HK elderly may use voucher for outpatient service fees
For the second instalment vouchers, permanent residents and new arrivals will be given a $2,000 voucher, whilst eligible people who have come to live in Hong Kong through different admission schemes or to study in the city will be given a $1,000 voucher.
New eligible people and those eligible who have not registered before will be given two separate vouchers starting from July 16 and October 16 after they have registered.