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UK Chancellor Unveils GBP 30 Bln Stimulus For Economy Amid Covid-19 Outbreak

Chancellor Rishi Sunak unveiled a comprehensive stimulus package totaling GBP 30 billion [$39 billion] on Wednesday to support the UK economy as the coronavirus, or Covid-19, keeps spreading hurting people and businesses.

The chancellor also presented the latest round of forecasts from the Office for Budget Responsibility that showed that the UK economy is set to grow at the slowest pace in more than a decade this year.

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by RTTNews Staff Writer

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