The Macao Special Administrative Region (SAR) government will launch austerity measures if the gaming venues tally for July does not reach the "red line" of 18 billion patacas (2.25 billion U.S. dollars), Chief Executive Chui Sai On told reporters Tuesday on the sidelines of a meeting.
Macao Chief Executive Chui Sai On has pledged to give priority to comprehensively implementing the "One country, Two systems" policy and the Basic Law, which he said would be the top principle for his governance of Macao in the next five years.
Chui Sai On was elected the fouth- term chief executive-designate of China's Macao Special Administrative Region (SAR) here on Sunday, waiting for the approval by China's central government.
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