* Peru’s President
Martín Vizcarra has announced that 8.5m vulnerable households will receive a second emergency subsidy worth PEN760 (US$216) to support the country’s economic reactivation, matching the payment announced in March at the start of the coronavirus (Covid-19) pandemic. This new subsidy, unveiled by Vizcarra in his annual address to the nation to mark Peru’s independence day (28 July), will cost the government an additional PEN6.4bn (US$1.82bn). He also announced that the country’s health sector budget will be increased by an additional PEN2bn in 2021, to reach a total of PEN20bn;
underinvestment in Peru’s health sector has been widely identified as a major reason why the country has been hit so hard by the pandemic, and therefore also by the associated
economic crisis.
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