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Brazil Health Ministry expects to spend $2 bln fighting coronavirus

Reuters | Brasilia | Updated: 26-03-2020 21:40 IST | Created: 26-03-2020 20:29 IST
Brazil Health Ministry expects to spend $2 bln fighting coronavirus

Brazil's Health Ministry expects to spend around 10 billion reais ($2.0 billion) to combat the coronavirus pandemic, and the government will seek a World Bank loan to help cover that expense, the ministry said in a statement on Thursday.

The statement came in response to a report by newspaper O Estado de S. Paulo citing a Health Ministry document sent to the Economy Ministry with a cost estimate of 410 billion reais. The Health Ministry said the number appeared erroneously in the document cited by the newspaper, suggesting the "4" was typed by accident because it appears on the same key as the "$" symbol.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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