The Ministry of Finance, aiming to rejuvenate the struggling Micro, Small, and Medium-scale Enterprises (MSMEs), will provide financial support through a revitalization package for investment and working capital, according to the President’s Media Division (PMD).
Loans will be available at affordable rates of 8% for working capital and 7% for investment through 15 participating financial institutions, including licensed commercial and specialized banks. This initiative aims to support both MSMEs that have survived the crisis and those with non-performing loans.
