Area
Argentina
Commodity Group
Rice
Commodity
All
Date
24/02/2016
Policy Category
Production
Policy Instrument
Production support, credit
Description
Announced that it would treble working capital loans availed to the rice sector through Banco Nación to ARS 300 million (USD 20.5 million). In addition, ARS 45 million (USD 3.1 million) would be jointly contributed between the national Government and provincial authorities in Corrientes to a revolving fund destined to aid harvesting operations. The initiatives are geared at assisting the sector face liquidity issues associated with a poor export performance in 2015.
