[world politics news]
The government of Prime Minister Viktor Orban has introduced an economic program that aims to create as many jobs as the number of jobs destroyed by novel coronavirus. Orban told public news channel M1 that no Hungarian would be left alone.
He presented new economic protection measures, including a wage support scheme, reintroducing 13th month pensions, restoring highlighted sectors of the national economy and granting over 2,000 billion forints in loans with interest subsidies or state guarantees to companies.
[FULL STORY HERE]
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Showing posts with label economic stimulus packages. Show all posts
Showing posts with label economic stimulus packages. Show all posts
Wednesday, April 08, 2020
Friday, January 15, 2016
#CANADA: PM Trudeau Seeking To Speed Up Infrastructure Spending To Jump-Start Ailing Economy
[world politics news]
The Liberal government of Prime Minister Justin Trudeau is "actively considering" speeding up promised investments in infrastructure in a bid to stimulate Canada's rapidly deteriorating economy. Trudeau promised during last fall's election campaign to pump an additional $60 billion over 10 years into infrastructure projects. But less than half - $17.4 billion - is budgeted to be spent during the Liberals' first term.
The Liberal government of Prime Minister Justin Trudeau is "actively considering" speeding up promised investments in infrastructure in a bid to stimulate Canada's rapidly deteriorating economy. Trudeau promised during last fall's election campaign to pump an additional $60 billion over 10 years into infrastructure projects. But less than half - $17.4 billion - is budgeted to be spent during the Liberals' first term.
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