Government allocates $287 mn to credits for wages of companies

The Emergency Plan for Employment Support and Labor Stability will be financed with resources from the National Treasury (TGN), for Bs 2 billion ($287 mn). The maximum amount per worker is Bs 8,488 ($ 1219), and the interest rate for placement of the credit to companies will be 3.73% per year. Banks will have up to 24 months to repay these resources.

Source: El Deber