Last updated: Tuesday June 09, 2020 KSA 21:18 – GMT 18:18
Posted on: Tuesday June 09, 2020 KSA 20:57 – GMT 17:57
Source: Arabic.net
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US President Donald Trump has announced the allocation of $ 3 billion to support Americans who have lost their jobs due to Corona.
Last month, the US Senate approved a $ 2 trillion package to help unemployed workers and industries affected by the Corona virus pandemic, as well as save billions of dollars to buy much-needed medical equipment.
The rescue package included $ 500 billion in financing to help severely affected industries and a similar amount as direct payments to millions of American families, up to $ 3,000.
The previously approved US package also provides $ 350 billion in loans to small businesses, $ 250 billion to expand unemployment assistance, and $ 100 billion in hospitals and health systems.
The package aimed to flood the economy with liquidity in an attempt to curb the impact of the epidemic.
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