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Israel: Ministry of Finance established ILS 6 billion state-guaranteed loan fund for large businesses

Description

On 7 April 2020, the Ministry of Finance established an ILS 6 billion (approx. USD 1.6 billion) state-guaranteed loan fund to alleviate the repercussions of COVID-19 on large businesses. The new fund ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Apr 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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