22 March 2020 – Government takes over payroll for small and medium enterprises

Type of Intervention: Executive Order, Financial and Economic
Sectors Involved: Executive Office, Finance/Economy, Private Sector and Businesses
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Lead People/Agency: National government

Overview: National Government will assume payment of payrolls of small and medium companies

The National Government will assume the payment of payrolls for small and medium-sized companies (SMEs), as part of the plans established by the Executive in the midst of the outbreak of Coronavirus COVID-19 in the country.
Full details here: http://vicepresidencia.gob.ve/gobierno-nacional-asumira-pago-de-nominas-de-pequenas-y-medianas-empresas/

Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: National – government