Financing

British Virgin Islands: Over 1000 Small Businesses To Receive Stimulus Grant

Submitted by siha on Tue, 09/29/2020 - 16:13

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.

Regions / Country
british Virgin Islands
Topics
Cash transfers
Financing
Covid-19
Document Type

Benin: Coronavirus - Implementation of measures specific to the agricultural sector

Submitted by siha on Tue, 09/29/2020 - 15:51

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.

Regions / Country
benin
Topics
Financing
Document Type

Financing gaps in social protection: Global estimates and strategies for developing countries in light of the COVID-19 crisis and beyond

Submitted by pmassetti on Tue, 09/22/2020 - 15:19

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

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Financing

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Germany: German coalition agrees €10 billion extension of #Coronavirus relief

Submitted by mmarquez on Tue, 09/22/2020 - 11:37

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. 

Regions / Country
germany
Global challenges
Topics
Unemployment
Financing

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Korea: NHIS extends COVID-19 relief to foreign residents

Submitted by mmarquez on Thu, 09/17/2020 - 15:41

koreaherald.com (11.04.2020) Foreign subscribers of South Korea’s national health insurance are eligible for premium assistance in a COVID-19 bailout, the state health care service said Saturday. From July 16, 2019, foreign residents staying over six months are required to enroll in the national health insurance plan. Previously, the subscription was optional for those staying longer than three months. As of last year, the number of foreign subscribers to the national health insurance plan reached 1,212,475.

Regions / Country
korea, Republic of
Global challenges
Topics
Health
Health Insurance
Compliance and Contribution Collection
Financing

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Korea: Temporary reduction of contribution rates to health insurance

Submitted by mmarquez on Thu, 09/17/2020 - 15:36

koreaherald.com (11.03.2020) The National Health Insurance Service said the lower 20 percent of the income bracket will receive about 30 to 50 percent reduction in premiums from March through May. For the worst-affected Daegu and North Gyeongsang Province’s Gyeongsan, Cheongdo and Bonghwa, the bottom half of income earners will be given the partial premium waivers. The lowered payments are a part of Korea’s disaster relief subsidy plan announced March 30 to cushion financial blow from the outbreak for the financially vulnerable.

Regions / Country
korea, Republic of
Global challenges
Topics
Health
Compliance and Contribution Collection
Financing

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