September 15, 20 - 10:42 am - LABS

Mexican Ministry of Economy delivered $1.2 billion to SMBs affected by the pandemic

Mexican Ministry of Economy has delivered MXN 24.85 billion ($1.2 billion) in loans to micro, small and medium-sized companies that have been affected by the COVID-19 pandemic in the country, reported Milenio.

In a press conference, Graciela Márquez Colín, the Mexican Minister said that this cash delivered is aimed at purchasing raw materials, repairing machinery for companies, and adapting the business to the new sanitary provisions applied by the health authorities.