"So (due to COVID-19 outbreak and the closure of casinos) this year (2020)'s economy will be in the red for sure. Income in other sectors will be very little in terms of taxes, plus we (Government of Macau) are preparing for tax relief measures as support measure for people at this difficult time, and the forecast for the economy is that it will be in the red, so be prepared. No flower can bloom for a hundred days. It was necessary to prepare for adverse situations, and it was time to use the government's financial reserves to support the "fragile" economy."
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Ho Iat Seng (2020) cited in "Ho says decision to close casinos difficult but necessary" on Macau News, 5 February 2020.
https://en.wikiquote.org/wiki/Ho_Iat_Seng
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