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Elections

PM gave a commitment to change the differentiated interest rate to zero % to traders in Sucupira

Praia, Feb 25 (Inforpress) – The Prime Minister gave a commitment to speed up the process for guaranteed loan and interest rates subsidized to sellers from the Sucupira Market and the differentiation of traders who have suffered the pandemic and floods effects.

Ulisses Correia e Silva expressed concern to the press on Wednesday at the end of a meeting with traders in the Sucupira Market, in which they opposed the interest rate of 5.5% on loans proposed by the Government, so he gave a commitment to differentiating the financing mechanisms at zero interest rate.

He explained that the interest rate in the amount of 5.5% is directed “to other situations, the most focused on the damage caused by the pandemic”, noting that it has always been driven by differentiation.

The head of the Government acknowledged that, in addition to the drop in sales due to lack of movement and mobility of people, the floods of last September increased the losses.

SR/JMV/HVF

Inforpress

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