MSMEDA injects EGP 79.6bn in financing since 1991: CEO
AI Summary
Bassel Rahmy, the head of MSMEDA, revealed that the agency has dished out a whopping EGP 79.6 billion in financing since its inception in 1991, significantly boosting over four million projects in diverse sectors. This impressive financial support has been crucial in fostering entrepreneurship and economic growth in Egypt. The scale and impact of this funding underscore the government's commitment to nurturing small and medium enterprises, which are vital for job creation and economic sustainability.
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