Saturday, March 28, 2020

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

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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.

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