Posted: Wednesday, April 28, 2021. 10:06 am CST.
By Zoila Palma: Today, Prime Minister John Briceno said that to assist businesses with cash flow and get them back on their feet, the Central Bank will make available $50 million for loans to micro, small, medium, and large businesses affected by the COVID-19 pandemic.
“ We are looking at assisting businesses that create jobs and bring foreign exchange [in industries such as] agriculture, BPO’s and tourism. This will assist those businesses directly affected by the pandemic,” Briceno said.
Briceno added that about 200 businesses will be able to benefit from the loans which will be offered at a rate of 5% interest per year for 5 years.
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