Financial chief Paul Chan says task force monitoring fuel prices proposed 50 HK cents per litre subsidy for two months, starting in May
Hong Kong will introduce a two-month subsidy for liquefied petroleum gas (LPG) used by taxis, minibuses and school buses from May, amid soaring fuel prices, while a previously announced diesel subsidy will take effect on Thursday.
“Since most minibuses and taxis run on LPG, this will put considerable pressure on their operations,” the finance chief said.
“To mitigate the impact on public services, the task force recommends a subsidy of 50 HK cents per litre of LPG for taxis, public minibuses and private school buses for two months.”
She added that she expected a total of 16,900 taxis, 3,440 minibuses and 170 school buses to benefit.
Source: News - South China Morning Post
