translated from Spanish: Minister of Economy and Covid-19 Credits: “Some banks are making more efforts than others”

The Minister of Economy, Lucas Palacios, in statements assigned by Emol, referred to the Covid-19 credits, which he said, is a process that is “on filming”.
Yesterday, the Ministry of Finance reported the delivery of 20 thousand credits with state guarantees, of which 98% was granted to small and medium-sized enterprises.
“We have seen some banks are making more efforts than other banks, that can be seen very clearly in the figures published by the Commission for the Financial Market,” the Economy holder said.
Regarding the selection of companies that can access the credits, Minister Palacios stated that “some banks are choosing steak, but they are not paying attention to the overstepped, and it turns out that when one cares only one part of the animal and not the other, he also needs an injection, in this case of capital liquidity , the whole animal can die.”
“This is an integrated system, which is behind this $24 billion state-guaranteed injection strategy at very convenient rates,” said Palacios, who also suggested that if there is no quick reaction with “well-placed” incentives, “obviously one may think of other alternatives or other incentives. But I have faith that everyone will finally live up to it.”



Original source in Spanish

wolfe

Compartir
Publicado por
wolfe

Entradas recientes

Javier Milei catalogó la Marcha Federal Universitaria como “la reedición de la campaña del miedo”

"El reclamo puede ser genuino, pero construido sobre una mentira", apuntó el presidente Javier Milei…

1 week hace

Axel Kicillof lideró un acto masivo por el Canal Magdalena en Ensenada

El gobernador de la provincia de Buenos Aires, Axel Kicillof, encabezó un acto en Ensenada…

1 week hace

Espert confía en la aprobación de la ley Bases y el paquete fiscal

El diputado nacional de La Libertad Avanza, José Luis Espert, expresó su confianza en la…

1 week hace

Milei defendió su gobierno ante críticas de CFK sobre el hambre del pueblo: “Sirve para reconstruir lo que ustedes hicieron”

Tras la masiva reaparición de Cristina Fernández de Kirchner, el presidente Javier Milei apuntó contra…

1 week hace

Victoria Villarruel creó una comisión para optimizar los recursos humanos del Senado

El principal propósito de la nueva comisión es evaluar los recursos humanos en el Senado,…

1 week hace

Polémica medida del Gobierno: las aseguradoras ya no brindarán el servicio de grúas y auxilio

En una medida que busca redefinir las condiciones de los seguros de automóviles en Argentina,…

2 weeks hace