FINANCIAL NEWS

Jordan sets up USD1.3mn SMEs-supporting project

23 Apr 2017

(MENAFN) The Jordan Enterprise Development Corp., in co-op with the Org for Economic Co-op and Development, launched an USD1.3mn project to support SMEs project.

Additionally, the project plans to enhance the capabilities of SMEs in developing policies and growing coordination between public and private institutions.

Accordingly, the Cabinet reached the final stage of deliberations on the national strategy for developing entrepreneurship and SMEs.

Moreover, a total of JD200mn has been collected to licensed banks in Jordan in order to finance SMEs, offering them with competitive interest rates.

MENAFN2304201700450000ID1095411152

MENAFN2304201700450000ID1095411152

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