MidlandsBiz recently shared IMPH’s news regarding the release of a second COVID-19 policy brief in partnership with the North Carolina Institute of Medicine:
The South Carolina Institute of Medicine and Public Health (IMPH) and the North Carolina Institute of Medicine (NCIOM) released a second joint brief examining the COVID-19 pandemic and state and federal policy changes impacting residents. To view the second brief as well as additional COVID-19 updates and resources, visit imph.org/covid-19/.
To aid decision-makers, IMPH and NCIOM continue to actively monitor the COVID-19 pandemic and analyze state and federal actions to address the health, economic and social fallout of the crisis. Since the first joint COVID-19 brief between IMPH and NCIOM, which was released on April 9, Congress and state legislatures have passed bills to appropriate funds for multiple sectors that have been impacted. Governors have also begun to open state economies or lay out plans to do so.
In South Carolina, actions continue to be taken to address the crisis caused by the spread of the new coronavirus. Updates on the economic impact on the state include the following:
• South Carolina budget forecasters project $507 million in losses in expected revenue for the current budget year (ending in June) and $643 million in losses for the fiscal year beginning in July.
• As of May 1, 2020, the South Carolina Department of Health and Environmental Control (DHEC) has spent $9,298,204.93 of South Carolina’s $45 million contingency reserve fund.
Read the full report by MidlandsBiz here.