There will be 500 million pesos subsidy for small agricultural producers of Argentina

The Ministry of Productive Development (yes, that of Matías Kulfas, not that of Agriculture) and the National Bank announced a new line of financing for a total amount of 500 million pesos for small agricultural producers, unless they are part of the dirty group and pig-producing cereals and oilseeds that guarantee the flow of foreign exchange necessary to make the economy work. The credits will have a rate subsidized by the National Productive Development Fund (Fondep) of 21% per year and may be used for capital and investments. The line is part of the government's decision to fill the local economy with cheap money before the midterm elections. A press release from the agency indicated that this line for agricultural primary production will grant credits that may be used for productive investment or working capital of up to 882,000 pesos in the case of monotributistas (according to their category) and up to 3.0 million pesos. or up to 3 months of sales in the case of freelancers ...