The JM authorizes another $ 25 million million for key product sectors RD –

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SANTO DOMINGO.- The Junta Monetaria authorized RD $ 25 million in additional costs for refinancing and refinancing the key productive sectors in the dynamism of economic activities of the Dominican Republic.

The sectors to which conductors resort are their construction (including internal costs and acquisition of low-cost economic benefits), trade (micro and small companies) and manufacturing (for companies affiliated to Ley No. 242-20 of Competit and Industrial Innovation).

On 25 February, the Junta Monetaria will increase the amount of the Rapid Liquidity Facility (FLR) by RD $ 25 million for financial intermediation funds acceded to our resources by a 3% annual interest rate.

With these funds, these are the ones that can channel new prices and refinances to the productive sectors at interest rates of up to 8% annually, the micro and small companies, at competitive prices with the costs inherent in this market segment.

The Junta Monetaria y el Banco Central authorizes this new amount of liquidation provision in addition to the resources that he has recovered from sales lines of short-term credit and amortization of capital of facilities disqualified from employment productivity and the generation of employees.

“It is important to note that, in addition to these new resources, which are available at the Liquidz Rapid Facility, a RD $ 10 million that can be channeled to the rest of the sectors, including higher education,” Dementia Banco Central An ALMOMENTO.NET.

As a result, the total number of resources available for this facility to be channeled to the private sector is RD $ 35 million.

Information formerly an esta medida’s fluid program of RD $ 190,814.4 million (equivalent to a monthly share of 4% of the internal product), los cuales’ mantienen colocados unos RD $ 168,255.8 million, benefit dose the hogares in the companies with more than 77 miles of new assets and refinances.

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