UK Prime Minister Boris Johnson is outlining his government’s plans for nationwide economic recovery after lockdown due to the COVID-19 outbreak. He is announcing a multi-billion pound “new deal” for infrastructure projects to stimulate the UK economy.
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In a news release published before the speech in central England, the government promised a massive building programme to put jobs and infrastructure at the centre of economic growth strategy.
“We will build build build. Build back better, build back greener, build back faster and to do that at the pace that this moment requires,” the British prime minister said.
He compared the plan to President Roosevelt’s “New Deal” in the United States to counter the Great Depression in the 1930s.
“That is how it is meant to sound and to be, because that is what the times demand,” Johnson said.