This project, which seeks to reactivate the economy after the impact of the Covid-19 pandemic, will be financed by the IDB.
The president of BANDESAL said, during his assistances that, with the intermediation rates, the beneficiaries would have credits at a rate of 8 points; however, he clarifies that they cannot impose rates to the intermediary financial institutions.
"It does not matter if your company is a service, commercial or agricultural company, all of them can apply for this financing", said Juan Pablo Durán.
He also mentioned that the maximum amount to be financed is US$1,750 million. At the end of this meeting, the Finance Commission unanimously endorsed the favorable opinion to be submitted tomorrow in the Ordinary Plenary, and BANDESAL is also managing a total of US$300 million, of which the first is US$200 million, and the remaining US$100 million.