RM7.34 Billion Allocation To Develop SMEs

Industry 1

The government is committed to develop the small and medium enterprises (SMEs) with an allocation of RM7.34 billion to implement 152 SME programmes this year.

Najib, who is also Finance Minister, said the government was also committed to ensure that the implementation of High-Impact Programme under the SME Masterplan 2012-2020 would be implemented smoothly.

“This is one of the government’s efforts to ensure that the SMEs contribute between five and 5.5 per cent to the gross domestic product this year,” he said when launching Portal MalaysiaBiz here today.

Earlier, Najib chaired the 20th National SME Development Council meeting.

Also present were International Trade and Industry Minister, Datuk Seri Mustapa Mohamed and Chief Executive Officer of SME Corp, Datuk Hafsah Hashim.

Read the full article here: http://www.bajet.com.my/rm7-34-billion-allocation-to-develop-smes/