March 23, 2020 / 7:19 AM / 6 days ago

Philippine c.bank approves $5.8 bln govt support amid coronavirus outbreak

MANILA, March 23 (Reuters) - The Philippine central bank said on Monday it approved a 300 billion pesos ($5.84 billion) programme to support the government’s fight against the coronavirus outbreak.

In a statement, the central bank said it would buy government securities to help the government’s projects to counter the impact of the virus, which has killed 33 people and infected 396 in the country. ($1 = 51.38 Philippine pesos) (Reporting by Neil Jerome Morales; Editing by Himani Sarkar)

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