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ARGENTINA
Payment Chain Maintenance:
• Rent freeze
• Mortgage installments freeze and prohibition of foreclosure
• UVA (“purchasing power unit” by its Spanish acronym ) secured loansinstallments freeze
• Suspension of the closing of accounts due to bounced check
• Flexibilization of parameters to rank bank debtors• Removal of punitive interests for unpaid credits
• Extension of deadlines to present checks
Salary Assistance Program:
• Salary compensation allowance (in the context of the EmergencyAssistance Program for Work and Production)
• Extension of REPRO -(Federal Productive Reconversion Program byits Spanish acronym)- (in the context of the Emergency AssistanceProgram for Work and Production)
Financing:
• Extension of the FOGAR (Argentine Guaranty Fund for its Spanishacronym) guaranty fund for loans for SMEs
• Flexibilization of requirements to access credits• Credits for payment of salaries and working capital (deferred checkpayments)
• Deadline for payment of credit cards postponed• The unpaid balance of credit cards can be refinanced
Procedures Flexibilization:
• Suspension of administrative deadlines in the PBA
• Extension of authorizations for dairy production facilitiesConsumption Maintenance
• Maximum prices for consumer goods• Emergency Family Income
• Extension of the Ahora 12 program (Program to buy national productsin fixed installments with credit card)
• Prohibition of labor lay-offs and suspensions
• Reinforcement of the Unemployment Benefit (Emergency AssistanceProgram for Work and Production)• Reinforcement of unemployment benefit
BOLIVIA
Measures specifically adopted for entrepreneurs:
• Deferral of credits in force in February 2020 for 6 months, including principal and interests
• Financial assistance of 2 basic salaries for each employee of the company, with funding of 2 months of payroll at soft rates for 18 months.
• Loan facilities related to business interruption in order to help companies in the long term.
Fiscal aid measures:
• Postponement of payment of Utilities tax (Income Tax for the 2019 and 2020 administration)
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