14 February 2020 – HKD25 billion fund established to help local residents and businesses

Type of Intervention: Financial and Economic
Sectors Involved: Private Sector and Businesses
Level of Jurisdiction: Special Administrative Region
Lead People/Agency: Chief Executive Carrie Lam

Overview: HKD25 billion fund to help local residents and businesses tide over the coronavirus situation

“Today’s initiative to announce the setting up of this fund with an estimated amount of $25 billion, is again one of those commitments to the people of Hong Kong. So my biggest concern now is really for us to overcome this public health crisis together, so that we can then focus on relaunching Hong Kong and rebuilding Hong Kong’s economic strength.”
Full details here: https://www.info.gov.hk/gia/general/202002/14/P2020021400870.htm

Other links: 1
Type of Justification: Advice of INTERNAL government advisory committee or group