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Brazil: Government announces measure to to reduce the economic effects related to the Coronavirus pandemic on SMEs

Description

On 17 March 2020, the Ministry of Economy of Brazil announced the release of BRL 5 billion (over USD 995.9 million) to be distributed by the public banks to local SMEs in order to reduce the economic ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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