Soon, US authorities plan to provide additional support to small businesses. To do this, they will highlight 300 billions of dollars.
This was told by CNN, Recalling US Treasury Secretary Stephen Mnuchin.
US business support measures triggered by the aftermath of the coronavirus pandemic.
The head of the Ministry of Finance is sure, that today the Senate will approve the allocation of financial assistance to small businesses, and the US House of Representatives will approve this decision tomorrow.
Mnuchin considers the allocated amount sufficient, to protect small US businesses from collapse:
According to our calculations, 300 billions of dollars should be enough, so that almost everyone gets.
Besides, The Small Business Administration can obtain 50 billion dollars for loans, which are allocated in case of emergency.
According to the news agency Reuters, Donald Trump also initiated the provision of additional financial assistance to individual states and authorities in the regions. To bring this idea to life, a corresponding bill was submitted to the US Congress. These funds should help states cope with the effects of coronavirus.
Shortly before this, the American authorities decided to send 2 trillion dollars to stimulate the country's economy.
Soon, US authorities plan to provide additional support to small businesses. To do this, they will highlight 300 billions of dollars.
This was told by CNN, Recalling US Treasury Secretary Stephen Mnuchin.
US business support measures triggered by the aftermath of the coronavirus pandemic.
The head of the Ministry of Finance is sure, that today the Senate will approve the allocation of financial assistance to small businesses, and the US House of Representatives will approve this decision tomorrow.
Mnuchin considers the allocated amount sufficient, to protect small US businesses from collapse:
According to our calculations, 300 billions of dollars should be enough, so that almost everyone gets.
Besides, The Small Business Administration can obtain 50 billion dollars for loans, which are allocated in case of emergency.
According to the news agency Reuters, Donald Trump also initiated the provision of additional financial assistance to individual states and authorities in the regions. To bring this idea to life, a corresponding bill was submitted to the US Congress. These funds should help states cope with the effects of coronavirus.
Shortly before this, the American authorities decided to send 2 trillion dollars to stimulate the country's economy.
