The Macau SAR government then "distributes money" to Macau residents. Starting from April 1, the SAR government will implement the "2022 Cash Sharing Plan" to distribute 10,000 patacas (Macau patacas, the same below) and 6,000 patacas to permanent and non-permanent residents respectively. Nandu reporters found out that the Macau SAR government has implemented the " Cash Sharing Plan " since 2008 and has shared the results of economic development with residents for 15 consecutive years. The amount available to permanent residents has also increased from the initial 5,000 yuan to today. of 10,000 yuan.
html On March 31, Nandu reporters learned from the Macau SAR government that the "2022 Cash Sharing Plan" will be implemented from April 1 to May 13. The SAR government will distribute 10,000 yuan in batches to each of about 697,000 Macao permanent residents, and 6,000 yuan to each of about 42,000 non-permanent residents, through bank transfer or mailed crossed checks . The SAR government stated that the recurrence of the new coronavirus pneumonia epidemic has brought uncertainty to Macao's economic recovery. In order to relieve people's poverty and insist on not reducing people's welfare expenditures, the "2022 Fiscal Year Policy Address" continues a number of measures to benefit the people. In terms of cash sharing in 2022, following the practice of early distribution in the past two years, it will be distributed in batches starting from April. How will
cash be distributed? According to the SAR government, under normal circumstances, the SAR government will send the check by mail to the address specified by the beneficiary in the form of a crossed check. At the same time, in order to simplify administrative procedures and improve the efficiency of disbursing funds, the SAR government will also directly deposit the cash sharing funds into the local bank accounts designated by the beneficiaries through automatic transfer . In addition, the Social Welfare Bureau of the SAR Government will also assist some residents in specific situations to collect payments.
Macau’s Cash Sharing Plan dates back to 2008. At that time, in response to the social and economic impact of the financial tsunami and the pressure on Macao residents caused by the fight against inflation, and based on the continued development and economic benefits of the Macao economy due to the gaming industry, the then Chief Executive of the Macao SAR proposed the " Cash Sharing Plan" to share the fruits of economic development with residents. Therefore, since that year, the Macao SAR government has promulgated the "Cash Sharing Plan" through administrative regulations every year, and has distributed cash sharing funds to eligible residents to this day.
Nandu reporters found that since the "Cash Sharing Plan" was proposed, the Macau SAR government has "distributed money" to Macau residents for 15 consecutive years, and the amount distributed has also continued to increase. Official data shows that in 2008, the SAR government distributed 5,000 yuan to each permanent resident and 3,000 yuan to each non-permanent resident. The total number of beneficiaries that year was 534,672, and the total amount distributed was approximately 2.545 billion yuan. Now the amount for permanent residents has increased to 10,000 yuan, and the amount for non-permanent residents has increased to 6,000 yuan. It is estimated that 739,000 people will benefit.
Written by: Nandu trainee reporter Huang Jiafeng
