Tai Po fire relief fund to earn interest from fixed deposits: Hong Kong minister
The HK$4.4 billion (US$564 million) donated for Tai Po fire victims will grow gradually with interest earned from fixed deposits, the home affairs minister has told the Post, adding the money will also fund long-term resettlement. In an exclusive interview with the Post on Friday, Secretary for Home and Youth Affairs Alice Mak Mei-kuen said the fundâs accountant, the Treasury, had put an âappropriate amountâ of the unallocated donated money into fixed deposits. âSome say, âyou are just leaving... [Continue Reading]
