Australia announced a A$2.4 billion ($1.56 billion) health package on Wednesday ...
SYDNEY - Australia announced a A$2.4 billion health package on Wednesday that proposes setting up fever clinics and offering cost-free facilities for people to consult doctors over video calls, as it combats the spread of the coronavirus.
Australia has been struggling to contain the disease, which is expected to take a significant economic toll, with the Treasury department warning the outbreak would cut at least half a percentage point from economic growth in the first quarter. The federal government said the latest funding package would include the A$500 million announced last week to support the costs on the health system from the virus outbreak.
Last week, Reserve Bank of Australia Deputy Governor Guy Debelle said the full impact of the coronavirus outbreak on Australia’s economy was still uncertain but the combined effect of fiscal and monetary policy would support activity in the meantime.
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