20 March 2020 – Guaranteed bank loans to small to medium sized businesses

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Argentine Government will partially guarantee loans to small and medium sized businesses. The policy was adopted by the Central Bank of Argentina, and consists of relaxing the rules for applying for bank loans. Fifty percent of these loans must be to pay salaries of workers.
Full details here: http://www.bcra.gov.ar/Noticias/Coronavirus-BCRA-creditos-mipymes.asp