* Uruguay’s chamber of deputies has unanimously approved the creation of the ‘fondo solidario Covid-19’, a special fund set up to cover some of the costs of tackling the effects of the coronavirus (Covid-19) pandemic. The senate had unanimously voted in favour of the fund one day earlier. The fund, which will be managed by the finance & economy ministry, will include resources freed up by
public sector pay cuts; profits from state-owned companies, including the Banco de la República Oriental de Uruguay (Brou); any cash donations made in local or foreign currency; and loans from international and multilateral credit organisations.
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