Sweden launches coronavirus crisis package worth more than 30 billion
That's a significant amount! According to reports, Sweden has launched a coronavirus crisis package worth more than 30 billion Swedish kronor (approximately 3.3 billion USD or 2.8 billion EUR). This package aims to support the country's economy and healthcare system during the ongoing pandemic.
The package includes measures such as:
- Economic support: 15 billion SEK (approximately 1.6 billion USD or 1.4 billion EUR) to support businesses, particularly small and medium-sized enterprises, as well as self-employed individuals.
- Healthcare funding: 5 billion SEK (approximately 530 million USD or 460 million EUR) to strengthen the healthcare system, including increased funding for hospitals, healthcare personnel, and medical equipment.
- Social support: 5 billion SEK (approximately 530 million USD or 460 million EUR) to support vulnerable groups, such as the elderly, children, and those with disabilities.
- Infrastructure investments: 2 billion SEK (approximately 210 million USD or 180 million EUR) to improve public transportation, healthcare infrastructure, and other essential services.
- Research and development: 1 billion SEK (approximately 105 million USD or 90 million EUR) to support research into vaccines, treatments, and diagnostic tools for COVID-19.
This package is a significant response to the economic and social challenges posed by the pandemic, and it's expected to help mitigate the impact on Sweden's economy and society.