Covid19: Australia offers second package of $ 38.3 billion

Covid19: Australia offers second package of $ 38.3 billion

Agency News

Australia announced a second stimulus package to help the economy weather the impact of the coronavirus pandemic.

The new measures include 66.1 billion Australian dollars (about $38.3 billion) worth of support for households, businesses and workers.

“The next few months are going to be a difficult journey but we all have a role to play to adapt to the changes we’re facing, to cushion the impact of what is happening and to pull together so we can bounce back when we get to the other side,” Prime Minister Scott Morrison said in a statement.

Treasurer Josh Frydenberg said the government’s total stimulus, 189 billion Australian dollars (about $109.5 billion), amounted to about 9.7% of GDP.

As of 6:30 a.m., Australia confirmed a total of 1,098 cases and seven deaths. The country’s health ministry said 224 of those cases were confirmed in the last 24 hours.