End of preview - This article contains approximately 120 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 26 June 2020
In brief: IDB approves new loan for Uruguay
* The Inter-American Development Bank (IDB) has approved a US$80m loan for Uruguay to strengthen the sustainability of micro, small, and medium-sized enterprises (MSMEs) impacted by the coronavirus (Covid-19) pandemic. According to an IDB press release, the operation is part of a US$1.7bn-plus support plan announced by the IDB to help the country cope with the sanitary emergency and its impact on health, social, economic, and fiscal issues. The IDB press release noted that MSMEs are a key component of Uruguay’s production and employment capabilities, accounting for more than 99% of private sector companies and more than 67% of jobs. Their activities are mostly concentrated in the services and commerce sectors, both badly affected by the coronavirus pandemic.
- HONDURAS: New penal code stokes controversy
- COLOMBIA: Strong backlash over military sexual assault case
- In brief: World Bank says migrants can boost Ecuador’s economy
- BRAZIL: New education minister signals shift in gov’t discourse
- In brief: Brazil and Mexico sign trade agreement on heavy vehicles
- In brief: Nicaraguan gov’t reduces electricity tariffs
- MEXICO: López-Gatell defends gov’t Covid-19 strategy
- In brief: Mexico cuts interest rates again
- ARGENTINA: Pondering tightening of Buenos Aires quarantine
- In brief: IDB approves new loan for Uruguay