Insights

img
ASA Business Bulletin 09/05/2020-15/05/2020
Friday May 15, 2020

Government announces relief measures and credit support for MSMEs
Government has announced relief measures and credit support which includes USD 42.56 billion emergency working capital facility for Businesses. USD 2.84 billion are allocated for subordinate debt for stressed Micro, Small and Medium Enterprises (MSMEs). USD 7.09 billion equity would be infused through MSME Fund of Funds.

Click on the Download link below to access complete article.

Download Pdf

DISCLAIMER

We have taken all steps to ensure that the information on the website has been obtained from reliable sources and is accurate. However, this website is not intended to give legal, tax, accounting or other professional guidance. We recommend appropriate advice be taken prior to initiating action on specific issues.