IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

SMEs

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Jun 2018 | Removal date: open ended
Still in force

Loan guarantee

Another measure included in the SMEs Stimulus Comprehensive Plan is the establishment of ARS 4 billion (circa USD 156 million) to be used by SMEs as automatic and partial loan guarantees. These resources will be distributed through the Argentine Guarantee Fund (Fondo de Garantías Argentino, FOGAR).

This action was announced by the Ministry of Production of Argentina, the Bank of the Argentine Nation (i.e. BNA by its Spanish acronym) and the Argentine Foreign Trade and Investment Bank (i.e. BICE by its Spanish acronym) on 13 June 2018

AFFECTED COUNTRIES

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