* The Peruvian government has launched the ‘Reactiva Perú’ loan programme, providing PEN$30bn (US$8.69bn) in credit to help businesses fulfil payment obligations to employees and suppliers, during the quarantine period imposed to tackle the coronavirus (Covid-19) pandemic. Produciton Minister
Rocío Barrios reported that approximately 265,000 businesses have already signed up to the programme, and she emphasised the importance of maintaining the “
chain of payments”, so that one company’s insolvency doesn’t have knock-on effects for its business partners, or prevent its employees from receiving wages owed.
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