Macao SAR Government Portal
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Foreign exchange reserves and nominal effective exchange rate index for the pataca – October 2019
The Monetary Authority of Macao announced today that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP173.3 billion (USD21.47 billion) at the end of October 2019. The reserves increased by 1.3% from the revised value of MOP171.0 billion (USD21.18 billion) for the previous month. Macao SAR’s foreign exchange reserves at end-October 2019 represented 11 times the currency in circulation or 83.4% of pataca M2 at end-September 2019.
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Government devotes utmost effort to responding to Macao people’s needs
The Government is devoting utmost effort to responding to the needs of Macao people by advancing the planning of the six long-term mechanisms relating to education, social security, healthcare, housing, talent cultivation and prevention and mitigation of disasters.
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CE calls for united effort to build Macao into a brighter and better home
The Chief Executive, Mr Chui Sai On, today said he hoped members of the public would stay united in building Macao into a brighter and better home for all.
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CE: Ten years of successful policy implementation thanks to Central Government’s full support
Macao had maintained social and economic progress while ensuring stability, and continued improving people’s livelihoods, expediting infrastructure construction, and achieving social harmony, said today the Chief Executive, Mr Chui Sai On.
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UM and University of Lisbon to initiate collaboration in medical sciences
A delegation from the University of Macau (UM), led by Rector Yonghua Song, recently visited the University of Lisbon (ULisboa) in Portugal. During the visit, Rector Song and ULisboa Rector António da Cruz Serra had an in-depth discussion on collaboration in the area of medical sciences and signed a strategic collaboration agreement. Serra expressed hope that both universities would initiate collaboration in clinical medicine, public health, dental science, and psychiatry. He also expressed hope that UM and ULisboa would jointly establish an international medical school in the future.
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2020 budget proposal recommends continuation of tax relief and welfare measures
The Chief Executive, Mr Chui Sai On, today presented a budget proposal for 2020, suggesting continuation of, respectively, a number of tax relief measures, subsidies for disadvantaged groups, the Wealth Partaking Scheme, and the health voucher scheme.
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IFTM students support green business
The Macao Institute for Tourism Studies continues its effort to bring greater relevance to students’ learning by establishing industrial projects to serve local entrepreneurs, SMEs and businesses. This mode of learning helps to create better relationship between higher education and the industry to generate mutual benefit.
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