New development Bank BRICS Brazil has allocated a loan to fight COVID-19

The new development Bank (NDB) of the BRICS Brazil has allocated a loan of $ 1 billion to eliminate the economic impact of the epidemic COVID-19, should be published in the press release of the Bank.

Brazil ranks second in the world in the number of infected with a coronavirus, and victims COVID-19. According to the latest figures from the Ministry of health of Brazil, the country has identified 118 2 646 cases of infection, died 80 120 patients with confirmed COVID-19.

The funds provided by the Bank to the government of Brazil, will focus on financial assistance to approximately 5 million people who were in a difficult situation, including the self-employed and the unemployed.

It is noted that the loan would also help the government of Brazil be sure that there is fiscal support to combat the epidemic and that the priority was given to infrastructure projects that would help the country's economic recovery.

This is the fourth such credit program approved by the NBR. Earlier, similar loans to combat the impact of the pandemic COVID-19 was approved for China, India and South Africa.

Formerly Director of the who programme on emergency health Michael Ryan said that Brazil came out on a plateau at COVID-19 and is in the middle of the flash. World health organization March 11 announced the outbreak of a new coronavirus infection COVID-19 pandemic. According to the latest who data, the world revealed more than 14.3 million infections, more than 600 thousand people died.

Relevant data on the situation of COVID-19 in Russia and the world presented on the portal stopmanager.of the Russian Federation.