Coronavirus: the United States is preparing a huge plan to support the economy

In the United States, $ 4 trillion will be put on the table to help companies so that they can continue to pay their employees, but also so that they are ready to restart when activity returns. CC0 PIxabay / geralt

Text by: RFI Follow

The United States is preparing a gigantic plan to support the American economy to counter the ravages of the pandemic. It could be adopted this Monday March 23 by the Congress. The world's largest economy is ready to inject $ 4 trillion to support businesses.

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Whole sectors are paralyzed in the United States by the effects of the coronavirus . To help them pass this unprecedented milestone, they must be provided with liquidity, hammered Steven Mnuchin, the Secretary of State for the Treasury, on Fox News .

" The situation is changing quickly, " he said. We need to put money into the economy right away. If we do, we can stabilize the economy. We also put a lot of money in hospitals. The president expects all of this to get better in four weeks. "

The Secretary of State remains optimistic, but the task is immense: 4,000 billion dollars will therefore be put on the table. This is to help companies so that they can continue to pay their employees, but also so that they are ready to restart when the activity returns. The federal reserve will also be used and will lend to small businesses. The plan includes money for hospitals. American households will receive $ 1,000 per adult and $ 500 per child.

► Read also: United States: Boeing soon nationalized?

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  • Coronavirus
  • Health and Medicine
  • United States
  • Economy

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