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Gov't providing loans for MSMEs

Owners of micro, small and medium-sized Enterprises (MSMEs) will soon be able to access loans for their businesses with help from the Government of Jamaica, at 4.75 per cent.
 
This was announced by Floyd Green, Minister of State in the Ministry of Industry and Commerce, at a workshop dubbed: Time for Growth: Unlocking the Power of the SME, at the Terra Nova All-Suite Hotel in St. Andrew, on Wednesday.
 
The Government is seeking up to $600 million that will be given to the EX-IM Bank to lend in the micro, medium and small enterprise sector, largely focusing on manufacturers.


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