HONG KONG, April 20 (Reuters) – Macau’s drawing card Ho Iat Seng said on Mon that the world’s biggest play hub was also hanging down on the casino industry, admonition that the Formosan soil was cladding incisive challenges as it emerges from the coronavirus eruption.
Making his 2020 policy address, Ho aforesaid the center this twelvemonth would be on transaction with the epidemic, maintaining system stability and protecting the living of citizens in the extra administrative region. “We should be soberly aware of the problems and challenges facing the development of Macau. Some structural and deep seated problems are beginning to emerge and affect the sustainable development of the social economy.”
Ho aforementioned that the coronavirus had “fully exposed the vulnerability and huge risks of Macau economy´s over reliance on gaming tourism.”
The political science will expend terminated 50 one million million patacas ($6.27 billion) in response to the epidemic. Macau has had 45 cases of COVID-19 so Interahamwe.
($1 = 7.9750 patacas) (Reporting by Donny Kwok, Twinnie Siu and Farah Master; Editing by St. Simon Cameron-Moore)
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