Hong Kong Budget 2022-23 Highlights

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Hong Kong Budget for 2022-23 edition came on 23rd February in the wake of the city facing its difficult time of all, however the Government is fully prepared and confident of overcoming the recent problem of Epidemic or whats's been called the 5th Wave of Corona Virus outbreak, the highlights of the recent budget:

Substantial additional resources will be allocated to fight the epidemic in the new financial year

(a) an additional funding of about $22 billion for the Food & Health Bureau to strengthen testing work, procure rapid antigen test kits and relevant services, and provide additional support for the Hospital Authority;

(b) an additional funding of $6 billion for the Department of Health to procure more vaccines as booster doses for the general public;

(c) an additional funding amounting to about $7 billion in total for relevant departments to procure anti-epidemic items and services, implement anti-epidemic measures;

(d) a total additional funding of $500 million to be allocated within two years for the Food & Environmental Hygiene Department (FEHD) to enhance environmental hygiene services, strengthen inspections and enforcement actions to raise the community’s awareness about hygiene; and

(e) a further injection of $12 billion into the Anti-epidemic Fund for the construction of various anti-epidemic related facilities.

Reference is news.gov.hk