Hong Kong increases funds to tackle coronavirus outbreak to $3.6 billion

by Reuters
Tuesday, 18 February 2020 02:15 GMT

HONG KONG, Feb 18 (Reuters) - Hong Kong leader Carrie Lam said on Tuesday the government would increase handouts to tackle the coronavirus outbreak to HK$28 billion($3.60 billion) from HK$25 billion pledged previously, to ease the impact on the Chinese-ruled city's battered economy.

Lam last week had said the government would give one-off payments to businesses across the city and the Hospital Authority. ($1 = 7.7675 Hong Kong dollars) (Reporting by Donny Kwok and Clare Jim; Writing by Farah Master; Editing by Kim Coghill)

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