Credit Line Extended to Increase Pork and Poultry Production

The Board of the BCRA extended the “Financing of investments projects” at a 30% subsidized rate to all companies that make investments to increase their pork and poultry production.

Financial institutions must allocate to the "Credit Line for MSMEs' Productive Investment” at least 7.5% of non-financial private sector deposits in pesos, and at least 30% of those funds to finance investment projects.

This credit line can now be channeled to all companies that seek to increase the supply of poultry and pork, considered an alternative to beef. These sectors have the potential to increase their production and contribute to the diversification of meat consumption and raise in net exports.

15 July, 2021.