Australian Government Gives Citizens 700 Dollars Each

The Australian government is proving grants to the middle class of about 700 dollars to support the local economy by encouraging consumption, part of a government program with funding of 33 billion dollars, according to Mediafax.

Beneficiaries, roughly half of the population of Australia, are encouraged by authority to spend money received from the state to help their compatriots not to lose their jobs.

A similar program, in which were included at the end of last year, pensioners and parents, was considered a success, according to authorities , after was recorded increasing of sales in the retail sector.

Australia has entered into recession, after lowering the world price of raw materials that led to a pronounced decline of activity in the mining sector.

As expected that the unemployment will rise significantly in the next period, the government asked the recipients of state aid to spend money for “nation good”, informs Mediafax.