Thursday, July 9, 2020

New Zealand allocates 7.3 billion dollars to counter global impact of Coronavirus

Featured

Brazil President Bolsonaro tested positive for coronavirus

Brazilian newspaper "Atardi" confirmed that Brazilian President Jair Bolsonaro underwent a fourth test for Coronavirus after he showed some...

SBP calls meeting of Bank Presidents, top builders on Naya Pakistan Housing Program

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir called a meeting of Banks on Wednesday for deliberations on...

Trump attends a graduation ceremony for officers, amid disputes with the Pentagon

US President Donald Trump is taking part in a ceremony to hand over certificates at the prestigious West Point...
Hailey Warner
Hailey Warner
Hailey isn't the biggest fan of Winter, but she's doing her best to embrace the cold weather and snow. You can find her trying out new recipes, playing squash or writing editorials.

New Zealand has announced that it will allocate 7.3 billion dollars to support New Zealanders and the economy from the global impact of the “emerging coronavirus”.

Finance Minister Grant Robertson – in a statement said on Tuesday, “The epidemic will have a major impact on the country’s economy, and that The package aims to reduce this impact, as 302 million dollars will be allocated to the health sector, 1.79 billion dollars for tax changes to free up cash flow and 2.3 billion dollars to support wages for affected companies in all sectors and regions.

He added, “The package represents 4% of the country’s gross domestic product, as the government will constantly monitor the situation, and will take the necessary measures to protect the economy.

It is noteworthy that New Zealand has recorded 11 confirmed cases of the emerging coronavirus, and all immigrants were obligated to self-isolation for a period of 14 days to reduce the spread of the virus.

On Thursday, the New Zealand Ministry of Health announced that it had registered the third case of coronavirus.

Two cases of people who had traveled recently returned to Iran, while the third case came from a person who visited northern Italy.

According to the Saudi Press Agency, New Zealand Prime Minister Jacinda Ardern said that New Zealand hospitals can deal with the situation, noting that our public health system is designed for such an outbreak.

Hailey Warner
Hailey Warner
Hailey isn't the biggest fan of Winter, but she's doing her best to embrace the cold weather and snow. You can find her trying out new recipes, playing squash or writing editorials.

Latest News

Brazil President Bolsonaro tested positive for coronavirus

Brazilian newspaper "Atardi" confirmed that Brazilian President Jair Bolsonaro underwent a fourth test for Coronavirus after he showed some...

PIA flight from Toronto to Islamabad will operate on 5 July 2020

PIA flight from Toronto to Islamabad will operate on 5 July 2020. Another PIA flight will operate from Toronto to Lahore on 10 July...

Sacrificing role models of media

Remember Anil Datta, a gem of a reporter and guru of a sub-editor with the exemplary national spirit, foregoing job offers from the foreign...

Banks performance under SBP Rozgar Refinance Scheme supported by Government of Pakistan’s Risk Sharing Facility

On April 10, 2020 State Bank of Pakistan introduced a refinance scheme to provide concessional credit at 3% interest rate and generous repayment terms...

SBP calls meeting of Bank Presidents, top builders on Naya Pakistan Housing Program

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir called a meeting of Banks on Wednesday for deliberations on the measures proposed by Naya...

Related News