Colombia offers cut-rate loans against coronavirus

Colombia offers cut-rate loans against coronavirus

Economy & Policy Loans Debt Coronavirus Colombia Latin America

The Colombian government will offer subsidized loans and form a new fund to provide financing for public and private entities to confront the coronavirus outbreak, according to announcements this week. The state-backed financing agency Findeter and the government-owned lender Bancóldex will offer soft loans to finance projects and initiatives that try to impede the spread of the disease, according to a presidential decree issued on Tuesday. Findeter will provide direct loans to regional and loca

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