IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Jun 2015 | Removal date: open ended
Still in force

State loan

On 25 June 2015, the government of Argentina announced a new credit line for the livestock sector operating in the Pampa province. The costs for the financing of this credit line will be shared between the Ministry of Agriculture (60%), the provincial government of Pampa (25%) and the Bank of Pampa (15%). This credit line will provide up to 3 million Argentinian Pesos (USD 318,757.35) at a discounted interest rate of 6% to around 500 eligible small and medium producers, agricultural cooperatives and enterprises engaged in cattle, swine, sheep, poultry meat and other livestock species. Furthermore, it is important denoting that that this credit line is exclusively designated to financing:

  1. Costs related with the acquisition of fixed assets,
  2. Working capital and development costs (up to 20% of the total costs),
  3. Other specific development costs.

Furthermore, the loan period is up to 5 years for investments and 12 months for working capital and other specific development costs. The grace period is 18 months.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

211 Meat & meat products
0203 Meat of swine, fresh, chilled or frozen.
020329 Other

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