In his inaugural address, the new President of the Republic, Luis Abinader, defined the economic landscape in which the country is located and announced the six economic measures it will put in place to deal with the effects of the covid-19 crisis. Pandemic.
Here are the measures announced.
1. We will continue with the FASE, Stay at Home and Pa’Ti programs for the remainder of 2020
2. We will expand tax facilities, mainly for small and medium-sized enterprises, and launch an insurance and financing programme for the sectors affected by the pandemic by more than 100,000 pesos.
3. We will launch a repair and structure plan that will have an effect on more than 30,000 homes to revive local economies across the country.
4. We will inspire the Reserve Bank to prioritize projects in the tourism and export sectors that generate jobs and stop due to lack of financing.
5. On Monday 24 we will deliver the tourist recovery plan with the aim of selling it and recovering the influx before the pandemic.
6. Through the Agricultural Bank, we will have five billion pesos of zero-interest financing for the new plantation. And it will provide technical and marketing assistance for food safety.
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