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

Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy; Stimulus packages and financial support
Level of Jurisdiction: National

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