Government announces $3.4 bn for small business loans

The Ministry of Economy announced that the Operations Guarantee Fund (FGO) will release R$15.9 billion ($3.4 billion) from the National Treasury, for small business loans, as a way to mitigate the economic effects of the crisis caused by the new coronavirus pandemic. The credit is part of the National Support Program for Micro and Small Enterprises (Pronampe).

Source: Infomoney