The injection will support 48 measures including a HK$10,000 subsidy to the unemployed. All of the measures are expected to benefit 67,000 businesses and 750,000 individuals.

Legislative Council's finance committee gave the green light to the funding this evening, with all attending legislators voting in support.

The Temporary Unemployment Relief will be introduced in Hong Kong for the first time to provide a one-off HK$10,000 to people who've lost their jobs.

To be eligible for a one-off payment of HK$10,000, applicants must have been jobless for at least a month since the fifth wave of Covid-19 outbreak. Their monthly salary before they became unemployed must have been less than HK$30,000, according to a government statement.

Premises that were ordered to close or were restricted by social distancing measures will receive subsidies which double from those under the previous round of relief measures. The premises include restaurants, beauty parlors, massage establishments, fitness centers and cinemas.

Depending on the size of a restaurant, each licensee can get a one-off payment of up to HK$500,000, compared with HK$250,000 in the last round of funding.

Hair salons that were recently ordered to close will be eligible for a one-off subsidy of up to HK$50,000, depending on how many workers they employ.

For transport operators, a one-off subsidy of HK$30,000 will be disbursed for every vehicle or vessel to franchised buses, local ferries, tramways, taxis, red minibuses, and green minibuses. A subsidy of HK$20,000 will be given to each kaito vessel.

The majority of the measures will be open for application as early as March and officials are aiming to release the payments from April, according to an earlier government statement.