Over $1.1 billion in Subsidy Approved under Retail Sector Subsidy Scheme

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     A Government spokesman said today (April 20) that under the Retail Sector Subsidy Scheme of the first-round Anti-epidemic Fund, over $1.1 billion in subsidies have been approved so far for eligible retailers, involving more than 14 000 applications.

     The application period for the Scheme ended on April 12. About 93 000 applications from retailers were received. Most applications were from small-scale retail stores. Application vetting and subsidy disbursement are expected to be completed within May, with the majority of eligible retailers receiving the subsidies by the end of this month.

     For enquiries on vetting results, applicants may call the telephone hotline (1836 111) during office hours (Monday to Friday from 9am to 6pm, except public holidays) or email to enquiry@retailsubsidy.hk.

Ends/Monday, April 20, 2020
Issued at HKT 19:38

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