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Description
On 15 March 2020, the Central Bank of UAE launched the Targeted Economic Support Scheme (TESS) with a value of USD 69.7 billion (USD 13.6 billion). The amount allocated for TESS includes USD 13.6 bill...
Intervention Details
Intervention Type
State loan
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
15 Mar 2020
Revocation date
30 Jun 2022
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Sectors
Affected Products
See all
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