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News Around the Republic of Mexico 

Jalisco Working on Plan to Support Small Businesses

March 20, 2020

"We are working on a program to mitigate the impact of this situation for the people who need it most - those who own micro or small businesses; or have a job that is not necessarily formal," Governor Alfaro said.
Puerto Vallarta, Jalisco, Mexico - As travelers cancel flights, governments impose bans on certain types of activities, and businesses close or ask workers to stay home, a global health crisis soon becomes a global economic crisis.

Foreseeing the effects that the Coronavirus pandemic will have on the financial well-being of the state's most vulnerable communities and families, the Governor of Jalisco, Enrique Alfaro, announced on Thursday that he is working on a historic program of economic support for micro and small businesses.

The Governor's message of hope was communicated via social networks:

"We are seeking to design a program to mitigate the impact of this situation for the people who need it most - those who own micro or small businesses; have a job that is not necessarily formal and earn their living from day-to-day and need to have food to take home, to pay their rent... we are going to help them, regardless of what the Federal Government does."

The governor clarified that this economic support program is meant to mitigate the impact of this situation, not to reactivate the economy, which is another matter; and indicated that more details about this support package will be announced on Friday, March 20.

Sources: jalisco.gob.mx notisistema.com