RIGA - Up to EUR 100 million will be made available to help large manufacturers cope with the impact of the Covid-19 crisis, according to draft regulations on capital investments in companies affected by the Covid-19 reviewed at a meeting of Finance Minister Janis Reirs' (New Unity) task force to support businesses and employees on Wednesday.
The Finance Ministry told LETA that, after the regulations are adopted by the Cabinet of Ministers, an alternative investment fund will be set up that will be managed by Development Finance Institution Altum.
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