Government: positive steps for a loan of 300 million dollars from the World Bank

Government: positive steps for a loan of 300 million dollars from the World Bank
Government: positive steps for a loan of 300 million dollars from the World Bank
Government: positive steps for a loan of 300 million dollars from the World Bank

Revealed Ghada and to the Secretary General of the Social Fund for Development, that the Fund has taken positive steps on getting a loan worth $ 300 million from the World Bank, stressing that the mission of the Bank will visit Cairo soon to agree on the implementation steps for this loan, which will be used in providing loans for all projects, especially small and medium enterprises and micro enterprises.

She added, "and to" a joint press conference with the Minister of Industry, after a meeting of the Committee for Small and Medium Industries headed by the Prime Minister, it will be a dedicated conference soon involving all actors in this sector in order to discuss the problems that are exposed and develop appropriate solutions to these problems, from order to get out a national strategy for the development of small and medium enterprises and to agree on the appropriate mechanism for follow-up and coordination between all sectors involved in this sector.

For his part, called on Dr. Kamal Ganzoury the Prime Minister to create a central device for the development of small and medium industries for coordination between government agencies that provide services to this vital sector, which up to 2566 destinations.

In this regard, said Dr. Mahmoud Issa, Minister of Industry, says the new device is designed to develop a specific strategy for the development of these industries and to benefit from all government agencies that provide support and support for small and medium enterprises, which employ from 5 to 7 workers in all parts of Egypt.

The Minister of Industry that the new agency would also legalize the situation of industries is the official, referring to the industries "unlicensed," which employs about 850 thousand workers, saying that there was a lot of workers in this sector want to legalize their status and take advantage of the services provided by the State for this sector.