The US will prepare a new plan to save the economy

The US will prepare a new plan to save the economy


2020-10-12 09:15:00

The White House will put together a new plan to keep American economy after the coronavirus pandemic in the amount of $1.8 trillion. This is reported by means, mentioning resources.

According to the newspaper's interlocutors, the head of American Treasury Department, Steven Mnuchin, will discuss the idea for a bundle of stimulus measures with the speaker of the residence of representatives, Nancy Pelosi.

US President Donald Trump confirmed the discussion of a package of measures to stimulate the financial system. In addition, White residence adviser Larry Kudlow said that the top of the kingdom accepted the motivation proposals, which need to consist of assistance to small corporations, airways, and households.

Earlier, the us economy changed into anticipated a "tragic scenario" due to the choice of Republican President Donald Trump to stop negotiations with the leaders of the Democratic celebration on a package of financial incentives. Now the choice to provide state aid is probable to be made simplest after the presidential elections, which can be scheduled for November 2020, as well as the new convocation of the Congress. According to Bloomberg, the most in all likelihood dates are January-February 2021.

In March, the United States authorities adopted the first package deal of measures to stimulate the economy within the midst of the coronavirus pandemic at a complete value of  trillion dollars. According to the plan, the cash will visit assist companies, guide hospitals and different fitness care companies, as well as equipment and necessary components. In addition, finances have been despatched to the country authorities.


Views: 672




I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....


Comments ()