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2nd phase consumption cards inject MOP 790 million in economy

The second phase of the government’s consumption subsidy smartcard scheme injected around MOP 790 million into the local economy in 20 days.

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UPDATED: 22 Dec 2023, 5:47 am

The Economic Services Bureau (DSE) said in a statement on Friday that the second phase of the government’s consumption subsidy smartcard scheme injected around MOP 790 million (US$98.94 million) into the local economy in 20 days.

According to the statement, up to last Thursday, 610,000 residents had topped-up their existing smartcards to MOP 5,000. The bureau also gave out 19,000 new cards.

The statement said that in the first 20 days of the subsidy scheme, over 7.7 million transactions were made. The statement noted that 22.9 per cent of the money was spent in restaurants and 19.6 per cent was spent in retail outlets, while around 8 per cent was spent on electronics.

Currently, according to the statement, the scheme comprises 190 top-up service spots and six card registration and collection centres. However, starting on 1 September, residents who did not pick up their card in the first phase starting in April can only obtain their card at four government offices, namely the Economic Services Bureau’s office in Largo do S. Domingos, the Government Service Centres in Areia Preta and Taipa, and the Macao Monetary Authority (AMCM) office in Avenida de Sidónio Pais.

For more information, people can call 6326 1676 or email [email protected].

(The Macau Post Daily/Macau News)

UPDATED: 22 Dec 2023, 5:47 am

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