Mon. Jul 6th, 2020

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Government is planning new budget for COVID-19

1 min read
Corona virus

Authorities have had discussions, planning a sovereign COVID-19 budget to build resilience and reshape results.corona virus

The view is that budget constraints should not come in the way of a stimulus as the economy faces grave challenges with some experts projecting a contraction in FY21.

No final decision has been taken on the matter as the government looks at ways to counter the disease and its economic impact, said people with knowledge of the matter.

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