Coalition pulls multibillion-dollar coronavirus stimulus plan together

Coalition hopes to boost economy and offset a possible recession with ‘targeted’ plan

The Morrison government is putting together the final touches to its coronavirus stimulus plan, which is expected to be announced early this week.

The multibillion-dollar plan, brought forward after talks with the International Monetary Fund and treasury, aims to offset a recession. The bushfires and Covid-19 hits to the economy are conservatively predicted to have shaved 0.7% off growth figures.

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from World news | The Guardian https://ift.tt/2Tv3my3