OPC 5 COVID 19 5 Financial Impact of COVID-19 as of June 23, 2020

Financial Impact of COVID-19 as of June 23, 2020

June 24, 2020

The national government has taken a series of economic measures within the framework of the health emergency and the current epidemiological situation caused by COVID-19.

As of June 23, the measures announced to face the crisis imply an expenditure of AR$754.99 billion, equivalent to 2.7% of the Gross Domestic Product (GDP) and a decrease in resources of AR$88.73 billion (0.3% of GDP). Meanwhile, financial facilities totaled AR$ 571.77 billion (2.0% of GDP).

This is a dynamic report that will be permanently updated, as new regulations are issued by the national government or budget amendments that update appropriations are introduced to cover expenses derived from the health emergency.

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