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CAINTRA applauds indispensable support for the survival of SMEs
April 22, 2020
Nuevo Leon's industrialists perceive as a breath of fresh air the measures announced by Banco de announced by the Bank of Mexico to promote an orderly behavior of the financial markets, as well as the financial markets, as well as to strengthen credit granting channels and provide liquidity for the development of the financial system (up to 750 billion dollars). liquidity for the development of the financial system (up to 750 billion pesos). 750 billion pesos), which, together with BANXICO's other efforts, amount to a total equivalent to 3.3% of GDP. 3.3% of 2019 GDP.
Micro, Small and Medium Enterprises are certain that 2020 as a whole will be an economically challenging year. will be a year of economic challenges, which is why the provision of 250 billion pesos by Banco 250 billion pesos from Banco de México to banking institutions to channel credit to micro, small and medium-sized to micro, small and medium-sized companies, as well as to individuals who have been affected by the pandemic, we and small and medium-sized enterprises, as well as to individuals who have been affected by the pandemic, seem to us to be an unprecedented, frank and direct support to those who are today Mexico's the economic ills of Mexico today.
MSMEs at the national level represent 76.5% of the jobs in the country and contribute 38.6% of the National GDP. 38.6% of the National GDP; and given the challenges we face today, they are the segment that most needs direct and segment that most needs direct and real support to survive. From CAINTRA we value these measures and we will be attentive to how they will work.
CAINTRA NUEVO LEÓN