regjeringen.no (10.11.2020) The guarantee scheme was established as a temporary measure in light of the corona situation in order to maintain a sufficient credit insurance offer to companies in Norway. The scheme means that the state covers losses with the credit insurance companies totaling up to NOK 20 billion. kroner, through so-called re-insurance. In return, credit insurance companies must pay for reinsurance and commit to maintaining the business.

Ministry of Finance (05.11.2020) All companies that are affected according to the expanded list of KAD April, now throughout the territory, are entitled to a mandatory reduction of rent by 40% on their commercial real estate. The same applies to the main residence of the employees who are suspended from employment, but also to the student residence of their children, throughout the territory.

Ministry of Finance (16.10.2020) Companies based in a Regional Unit that is part of level 4 for at least 14 days and are significantly affected according to the expanded list of KAD April, including scientific disciplines, are entitled to a mandatory rent reduction of 40% on their commercial real estate. The same applies to the main and student residence of suspended employees. For the owners who rent real estate in these companies and the above employees, 1/3 of the loss is offset against their tax liabilities.

ILO (21.10.2020) This paper provides updated regional and global estimates of the costs and financing gaps for targets 1.3 and 3.8 of the SDGs relating to social protection and health care in 2020 and projections of incremental financial needs for reaching universal coverage in 2030. The paper analyses options for filling social protection financing gaps in developing countries during the crisis and beyond using domestic and external resources, including the strengthening and expansion of contributory systems. The analysis incorporates the effects of the COVID-19 pandemic.

Government of the Virgin Islands (15.09.2020) Over 1000 small businesses have qualified for the economic stimulus grant ranging from $1,592 to $7,955 and will begin to receive their cheques beginning this week. The Small Business Sector Grant Programme was established for the purpose of assisting Micro, Small, and Medium Enterprises (MSMEs)  affected by the COVID-19 pandemic, in meeting operational expenditure, while stimulating economic activity by facilitating the circulation of money within the Territory.

Government of the Republic of Benin (10.09.2020) The Council of Ministers took specific measures in the agricultural sector strongly affected by the effects of the COVID-19 pandemic.

Ilo.org (17.09.2020) Closing the social protection coverage gap, worsened by COVID-19, will require additional sources of financing.

EU Reporter (27.08.2020) German coalition parties agreed on Tuesday (25 August) to extend measures to cushion the effects of the coronavirus crisis on Europe’s biggest economy at a cost of up to €10 billion, including prolonging a short-time work scheme and freezing insolvency rules, write Andreas Rinke, Holger Hansen and Madeline Chambers and Joseph Nasr in Berlin.