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Minister of Industry chairs meeting of Board of Directors for financing small industries and enterprises

[08/01/2024 01:20]

Aden – Saba
In a meeting headed by Minister of Industry and Trade Muhammad Al-Ashwal here today, the Board of Directors for Financing Small Industries and Enterprises discussed unifying the efforts of the state and the private sector in financing and supporting small and micro industries.

The meeting went over the proposal to hold a financing partners’ conference and discussed within an organizational framework under the name The Supreme Coordinating Council for Financing Small Industries and Enterprises in a way that ensures achieving the highest economic efficiency and contributes to the success of small and micro projects within the general direction of the state in the economic aspect.

Minister Al-Ashwal stressed the importance of mobilizing efforts to support the Fund for Financing Small Industries and Enterprises to contribute to the movement of economic and development cycle and work to absorb jobs and employment.