19 March 2020 – Provided working capital loans to 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 Ministry of Economy provided companies with annual gross sales of up to R $ 10 million now have a credit line with resources of R $ 1 billion from the Workers’ Assistance Fund (FAT), aimed at financing working capital. The financing terms will be up to 48 months.
Full details here: https://www.gov.br/economia/pt-br/assuntos/noticias/2020/marco/linha-de-credito-vai-apoiar-micro-e-pequenas-empresas-durante-pandemia-do-coronavirus