Uruguay: Covid-19 Fund
On April 8, Uruguay enacted Law No. 19,874 creating the Covid-19 Solidarity Fund , a precedent seen by the cross-sectional group of 16 economists who proposed a similar formula to address the emergency and post-pandemic recovery in Chile. The formula of creating a Covid fund, from which up to US $ 12 billion could be drawn to finance support for individuals and companies, seeks that the Government does not have to go to Congress for each measure: once the framework of action has been agreed, it would be issue decrees charged to fund financing.