5 Minute News

Efforts to Enhance Funding for Small and Medium-Sized Enterprises

February 5, 2025

The government is working to enhance funding for small and medium-sized enterprises through the establishment of a new National Promotion Agency, which will facilitate easier access to financing. Additionally, state grants are being planned to support these businesses. However, there are procedural issues causing delays, as businesses need approval from banks and the ministry simultaneously. This issue has recently been raised in discussions with political parties to find solutions.