Conflict in New Caledonia: Emergency aid to expand and strengthen businesses

by time news

2024-07-18 19:59:07

Emergency economic support measures, announced at the beginning of May and intended for New Caledonian businesses affected by the unrest on the island, are being extended, the Government announced on Wednesday. Ministry of Economy and Finance. The maximum amount of financial aid for micro, small and medium enterprises (VSE/SME) has been increased to 5,000 euros for the month of May and 10,000 euros for June, according to a ministerial order dated July 17.

The first law, published on May 6 for businesses “especially through the economic consequences” of the conflicts that have lasted since May 13 in the region, helps 3,000 euros for the month of May and 6,000 euros for June.

The selection period for businesses, which initially covered the months of May and June, has been extended to July, as is the time for taking their fixed costs into account. The minimum change to qualify for aid, estimated for 2022, has increased from 57 to 95 million Pacific francs (approximately 797,000 euros).

More than 500 businesses “destroyed”

On May 5, the Minister of the Economy Bruno Le Maire and the Minister of Overseas Regions, Marie Guévenoux, also indicated that the State has decided to finance for three months 50% of the partial unemployment compensation put in place . A few days ago, Thierry Santa, the member of the New Caledonia government in charge of the service sector, estimated the number of businesses “destroyed” at “more than 500”.

A total of ten people, including two gendarmes, have died in New Caledonia since an uprising on June 13 against a proposed reform of the electoral body during regional elections. The cost of the riots is estimated to be at least 2.2 billion euros by the regional government.

#Conflict #Caledonia #Emergency #aid #expand #strengthen #businesses

You may also like

Leave a Comment