LatinNews Regional Monitor: Brazil & Southern Cone - 30 March 2020

* Brazil’s national development bank (BNDES) is making R$2bn (US$392m) available to health sector companies as part of efforts to fight the coronavirus (Covid-19) pandemic. The aim of this extra credit is to increase the supply of emergency beds and hospital equipment, with companies that are seeking to convert their production into material for the healthcare sector also eligible to be considered. The BNDES has previously announced an emergency credit line for small and medium-sized enterprises (SMEs), to the tune of around R$40bn, to be disbursed in partnership with private banks; and an injection of R$55bn into Brazil's economy.

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