The government has allocated a second supplementary budget for the Cultural Fund in a total value of MOP50 million for the remainder of the year. According to a government dispatch signed by Chief Executive Chui Sai On and published yesterday in Macau’s Official Gazette, the itemised description of where the money will be allocated shows that MOP12 million will be in ‘several constructions,’ while MOP670,000 has been spent on promotion, of which MOP170,000 was in Macau and MOP500,000 in ‘external markets’. Macau’s cultural fund is for the financial assistance of individuals and private institutions. The cultural fund totalled MOP53.9 million in 2013. A MOP1 million subsidy was awarded to the Association of Prosperity Culture and Arts of Macau for the expenses of producing the film ‘I love Macau’, and accounted for the largest portion of the cultural fund in the first quarter of 2014.
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