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The global spread of the coronavirus pandemic has led to changes in the operations of many businesses. With production halted, many industries are facing challenging economic times. Among those most affected are small and medium-sized enterprises (SMEs). During this period, Google has taken action to support SMEs. In an effort to help businesses stay connected with their customers during the pandemic, Google announced, "We are providing $340 million in ad credits to our SMEs."

Here is the statement:

"We want to help alleviate some of the costs for SMEs to stay in touch with their customers during this challenging time. That's why we're giving our SMEs worldwide $340 million in ad credits, which can be used at any point until the end of 2020 across our Google Ads platforms. Eligible SMEs that have been active advertisers since the beginning of 2019 will be informed in the coming months with instructions on how to access the ad credits.