Poor casino revenues impacted by Covid-19 compel government to dig into Macao’s reserves for the third time this year.
al
Veteran directly-elected lawmaker José Maria Pereira Coutinho fails to be elected, but running mate Che Sai Wang succeeds with only 19 votes.
Extra cash should help small and medium-sized enterprises and low-income residents struggling with effects of Covid-19 pandemic.
Ceremony marks the formal beginning of the new Legislative Assembly, following the elections held last month.
Turnout of 42% was the lowest since the establishment of the MSAR, while 2,000 votes were invalid.
With just over a month to go before the autumn election for the Legislative Assembly, the 128 candidates are lined up.
While there is stiff competition for directly elected seats, the Legislative Assembly’s dozen indirectly elected seats are unlikely to be contested.
Cost-cutting judged essential as Covid-19 and the general economic downturn continue to impact the city’s finances.
A full six months ahead of the autumn elections, candidates are already starting to set out their stalls, with workers’ rights and affordable housing prime issues.