BREAKING NEWS
This content is not available in your region

Hong Kong announces fresh relief measures of $255 million to boost economy

Access to the comments Comments
Hong Kong announces fresh relief measures of $255 million to boost economy
The harbour skyline is seen during sunset in Hong Kong, China October 18, 2019. REUTERS/Ammar Awad   -   Copyright  AMMAR AWAD(Reuters)
Text size Aa Aa

HONGKONG (Reuters) – Hong Kong Financial Secretary Paul Chan announced on Tuesday fresh relief measures of HK$2 billion ($255 million) to support the economy as anti-government protests roil the Chinese-ruled city which is bracing for its first recession in a decade.

The move follows a HK$19.1 billion ($2.4 billion) package in August to support the underprivileged and business enterprises as the government grapples with five months of protests that have battered the retail and tourism sectors.

($1 = 7.8427 Hong Kong dollars)

(Reporting By Noah Sin, Clare Jim and Donny Kwok, Writing by Anne Marie Roantree; Editing by Nick Macfie)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.