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Mexico: Government launches USD 1 billion credit programme to family SMEs (COVID-19)

Description

On 23 April 2020, the Secretary of Economy of Mexico announced the launch of the “Crédito a la Palabra” Programme, an MXN 25 billion (approx. USD 1 billion) credit programme oriented to support family...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 May 2020

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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