Hong Kong personal loan scheme for unemployed extended until next year to tackle joblessness during coronavirus pandemic

Feb 23, 2022 | INVESTING

A personal loan guarantee scheme for Hong Kong residents who lose their jobs amid the Covid-19 pandemic would be extended until April next year, the finance chief said in his budget speech on Wednesday.An additional HK$6.6 billion (US$845.9 million) would also be dedicated to creating 30,000 temporary jobs to tackle the health crisis and ease unemployment, Financial Secretary Paul Chan Mo-po added.“The 100% Personal Loan Guarantee Scheme rolled out last year has helped a lot of people. I will…

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