Economics

Hong Kong Faces Delays in Giving Cash Away With Virus Hitting Economy

Government may take six months to deliver $1,300 cash giveaway
Economy struggles more amid coronavirus containment measures

Global Cost of Coronavirus Could Reach $4.1 Trillion: ADB

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By Eric Lam (News), Enda Curran, and Jinshan Hong

April 4, 2020 at 9:00 PM UTC

Updated on

April 6, 2020 at 12:48 AM UTC

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Hong Kong was ahead of the world when in February it announced a handout of almost $1,300 to residents suffering from an recession worsened by the coronavirus. By the time the money arrives, it may be too late to undo the damage.