The South Australian government's economic recovery amid the COVID-19 outbreak is the second largest in the country, just behind New South Wales, according to the Federal Parliamentary Budget Office report.
State government is investing 3.6% of gross state product (GSP) for the COVID-19 budget response. This percentage is higher than in Victoria (2.8%) and Western Australia (1.9%).
Treasurer Rob Lucas said the state's record $ 4 billion stimulus raised an additional $ 1 billion in Commonwealth, local government and corporate funds.
"We welcome the report of the Parliamentary Federal Budget Office, which found that our stimulus spending exceeds almost every other state and territory – contributing more as a percentage of GSP than any other state or territory, to the ; except for New South Wales, "he said.
Lucas said the government is investing in a record $ 16.7 billion infrastructure pipeline, including the final phase of the North-South Corridor, a redeveloped Memorial Drive and Hindmarsh Stadium, as well as improvements to state schools and hospitals. These will create thousands of jobs, including for local traders.
"The government is spending record amounts on our targeted stimulus package to boost economic recovery and state jobs over the next two years," Lucas said.
Top suburbs:
balga
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Rockville
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Alexandria
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Tuart Hill
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West Rockhampton
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