Mexico New federal loan program to aid small businesses hurt by Covid 19

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(Mexico News Daily)

The federal government will provide loans to 60,000 small businesses affected by the coronavirus pandemic and recently imposed economic restrictions, Economy Minister Tatiana Clouthier announced Tuesday.

Distribution of the 25,000-peso (US $1,275) loans is expected to start in February and conclude before the April start of the midterm elections campaign period.

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