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Financial Secretary Paul Chan Mo-po said in his budget speech on Wednesday that the government will earmark HK$18.3 billion to support businesses that have been hit by the economic downturn following the coronavirus outbreak and months of social unrest. “Since January 2020, Hong Kong has come under the threat posed by the novel coronavirus outbreak, which further dealt a blow to the economy. We must take decisive measures to tackle the situation,” Chan said. The government had earlier announced a HK$30 billion Anti-epidemic Fund to implement 24 measures to further enhance the administration’s capability in combating the epidemic and provide assistance to enterprises and members of the p... Full story

27 February