The most anticipated day of the year for Macau residents is finally arriving!
Macau's annual cash handout will be distributed in batches starting July 3. Beneficiaries of the敬老金 (Respect for the Elderly Fund) will receive the funds first via automatic bank transfer; those who have registered for automatic bank transfer will receive the funds on July 6; crossed checks will be mailed out in 10 weekly batches starting July 9, with the final mailing date being September 14.
This year's cash handout remains at 9,000 MOP for each permanent resident and 5,400 MOP for each non-permanent resident. In this year's cash handout scheme, 656,772 permanent residents and 53,280 non-permanent residents will benefit, involving a total fiscal expenditure of nearly 6.2 billion MOP.
