Sunday 26 June 2022

$885 Million In Flexible Bank Loans To Farmers

Paying the bills

Latest

Tourism confirms that regulations for the Digital Nomads Law are ready

QCOSTARICA - The Minister of Tourism, William Rodríguez, confirmed...

Vandalism delays completion of Circunvalacion Norte

QCOSTARICA - The opening of the new section of...

Alert raised for rains

QCOSTARICA - The Comisión Nacional de Emergencias (CNE) -...

Sexual orientation second in most discrimination in Costa Rica

QCOSTARICA - Sexual orientation is the second topic that...

15 Best All-inclusive Resorts in Costa Rica 

Costa Rica lies in Central America with a shoreline...

How To Play Safely At A Polish Online Casino

The Internet can be a scary place for people...

National Roads Have A Year Without Maintenance

QCOSTARICA - Today, Friday, June 24, marks an exact...

Dollar Exchange

¢689.88 Buy

¢695.55 small> Sell

25 June 2022 - At The Banks - BCCR

Paying the bills

Share

10982217_851851664871859_3780895394803154857_n

QCOSTARICA – All of the formal conditions have now been revealed for the operation of the system for granting flexible loans to farmers and entrepreneurs who currently have no access to commercial bank financing.

Hundreds of millions of dollars were left idle because of lack of standards to allow their use in lending to the productive sector.

- Advertisement -

From a statement issued by the presidency of Costa Rica:

The president, Luis Guillermo Solís, Minister of MEIC, Welmer Ramos; the Minister of the MAG, Luis Felipe Arauz, the Finance Minister Helio Fallas, and the Minister of Planning Olga Martha Sanchez signed Regulation Act No. 9274, “Comprehensive Reform Act No. 8634, Law on Development Banking System” an initiative which could generate an articulated effort to support the local business community.

The initiative regulates the way in which financial operators must be approved by the Governing Council, its programs to support the beneficiaries of Law, and also the form of regionalization of resources and the importance given to them by the Law on microcredit and entrepreneurs.

Via Centralamericandata.com

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Alert raised for rains

QCOSTARICA - The Comisión Nacional de Emergencias (CNE) - National Emergency...

Costa Rica and Uruguay lead the fight against corruption in Latin America

QCOSTARICA - Costa Rica and Uruguay are the Latin American countries...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.