Australia Launches New Billion-Dollar Drought Package Amid Months-Long Crisis

Australia Launches New Billion-Dollar Drought Package Amid Months-Long Crisis
Australian Prime Minister Scott Morrison talks to the media at a press conference at Parliament House in Canberra, Australia on April 11, 2019. Tracey Nearmy/Getty Images
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Australian Prime Minister Scott Morrison has announced the details of a new drought stimulus package worth around one billion Australian dollars (US$690 million) centred on zero-interest loans for farmers and small businesses.

“This gives them massive breathing space,” he told reporters in Canberra on Thursday.