IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

Yes

ELIGIBLE FIRMS

SMEs

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Feb 2018 | Removal date: open ended
Still in force

State loan

On the announcement made by the Ministry of Production of Argentina on 27 February 2018, regarding the resources provided by the Green Climate Fund, it was also announced the BICE would contribute to the energy efficiency program for SMEs with an additional USD 60 million to provide Argentine SMEs with more credits ranging between ARS 500,000 (USD 24,775) and ARS 20 million (USD 991,000), to finance up to 80% of the purchase of energy efficient capital goods. These credit lines enjoy a bonified interest rate and the maximum credit term is five year with a one-year grace period.

AFFECTED COUNTRIES

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