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HKTDC welcomes economic recovery measures in 2021/22 Budget


HKTDC welcomes economic recovery measures in 2021/22 Budget
Supporting SMEs to find new opportunities amid pandemic
HONG KONG, Feb 24, 2021 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong Special Administrative Region (HKSAR) 2021/22 Budget, including the additional funding to the Council, to help revive the economy and support small and medium-sized enterprises (SMEs) to tackle the challenges brought by the COVID-19 pandemic and economic downturn. The Budget was announced by the HKSAR Financial Secretary Paul Chan earlier today.
HKTDC Chairman Dr Peter K N Lam said: We welcome the economic recovery measures announced in the Budget, including fee waivers, tax reduction and optimising the SME Financing Guarantee Scheme which would help relief the pressure on cash flow for SMEs. The Government s injection of new capital into the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) and expansion of geographical ....

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