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140,000 residents get ‘life support subsidy’ on the first day

About 140,000 residents received the latest round of government support via the “life support subsidy” on the first day the subsidy was distributed (Friday, October 28).

The subsidy grants 8,000 patacas per resident. It aims to assist residents facing difficulties caused by the Covid-19 pandemic. About two-thirds of recipients (108,627) received the subsidy via direct transfer into their mobile payment applications, while the other 31,019 received it via payments to their previously issued “consumption cards.”

Eligible residents who have fully used the third round of electronic consumption benefits (below 10 patacas balance) can receive the 8,000 patacas. The benefits can be used up until June 30, 2023, and up to a maximum ceiling of 300 patacas per day.

Those who have not yet used the balances (including the initial amount and amount for immediate discount) from the third round will only be able to receive the support of the fourth round after their balances have been fully used (below 10 patacas balance).

Unlike the third round, this time the 8,000 patacas is deposited as one balance (without the immediate discount balance) and can be spent completely without the need to reload the spending balance to use the discount balance.

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