Hong Kong’s embattled government on Wednesday offered cash handouts, tax breaks and other subsidies as part of a HK$120 billion package to help millions of citizens cope with the economic impact of months of social unrest and a worsening coronavirus crisis, while announcing the first budget deficit in 15 years.The city’s finance minister announced an eye-catching relief payment of HK$10,000 for each of the city’s adult permanent residents as he revealed the city’s deficit was to hit a record HK…
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