30 March 2020 – Provided loans to small and medium sized companies for payroll costs

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

Overview: The Banco Central Do Brasil announced a BRL 40 billion emergency credit line in order to support the payroll costs of micro, small and medium-sized enterprises’ (SME). The financing will be released in two tranches of BRL 20 billion, small and medium-sized companies (SME) — will have access, for two months, to an emergency payroll financing line.
Full details here: https://www.bcb.gov.br/en/pressdetail/2324/nota