Mozambique records first Coronavirus case

Mozambique records first Coronavirus case

Mozambique has registered its first case of infection by COVID-19.
An elderly man, over 75 years of age, tested positive for the Coronavirus.
The announcement was made Sunday by the country’s Minister of Health. According to Armindo Tiago, the man is a Mozambican national who returned from the United Kingdom earlier this month. He has been quarantined at home on mild fever symptoms and all his contacts are being traced to be tested.
Three days ago, the Mozambican government stepped up preventive measures and restrictive orders to deal with the world pandemic including the closure of all schools, banning of all social gatherings of more than 50 people and the cancellation of all visas into the country.
Aligned with the government, the central bank announced, on Sunday, a new line of credit of US$500 million to help local business deal with the economic impact of coronavirus.
It’s the latest effort by Bank of Mozambique to ease liquidity into the economy following an earlier decision to lower the minimum reserve ratio, the amount of money commercial banks are required to keep with the central bank as back up.