IMPLEMENTATION LEVEL

National

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: 27 Jul 2010 | Removal date: open ended
Still in force

State loan

On July 26 2010, the Government of Argentina announced a soft loan program aimed at boosting production of small and medium enterprises.
The measure consists of an allocation of AR$ 200 millions (US$ 50 millions) that will be channelled through 23 banks in the form of soft credits at an annual interest rate of 10%. A 5% extra bonus will be also granted to working capital and investments.
In addition, the Government announced that tax benefits stipulated in the Law of Investment Promotion will increase from AR$ 500 millions (US$126 millions) to AR$ 700 millions (US$176 millions) for large enterprises, and from AR$300 millions (US$ 76 millions) to AR$ 350 millions (US$ 88 millions) for SME´s correspondingly.
 
 

AFFECTED COUNTRIES

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