China allocates $10.26 billion to fight coronavirus

Published On: February 9, 2020 06:30 PM NPT By: Reuters

BEIJING, Feb 9: China’s finance ministry said on Sunday all levels of government had allocated a total of 71.85 billion yuan (8 billion pounds) as of Saturday afternoon to fight coronavirus.

The ministry will deploy the funds to ensure that members of public can afford diagnosis and treatment, it said in a statement on its website.

The funds will also be used to ensure that efforts of every region to fight the virus are not hampered by financial constraints, it added.

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