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Official Aid Fund for Tai Po Blaze Receives External Donations Totaling $900M
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A Hong Kong Government spokesman said last Sunday (November 30) that the Government has been offering an emergency cash subsidy of $10,000 per affected household since November 27 evening to provide immediate relief for affected residents. As at 1pm yesterday (November 30), the Government has registered more than 1,900 households for the subsidy and disbursed the emergency cash subsidies to 1,420 households. In addition, the Government will provide a token of solidarity of $200,000 to the family members of each deceased victim, and a living allowance of $50,000 will be provided to each affected household starting this week. For the Support Fund for Wang Fuk Court in Tai Po established by the Government, as at noon yesterday, the donations received have reached $900 million, apart from the start-up capital of $300 million from the Government, bringing the fund's total to around $1.2 billion. The fund will be used for assisting the residents in rebuilding homes and providing long-term and persistent support. AASTOCKS Financial News Website: www.aastocks.com |
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