Lao PM signs SME fund decree
VIENTIANE (Vientiane Times/ANN) – The government has issued a prime ministerial decree to establish a Small and Medium-Sized Enterprise Promotion Fund, hoping the intervention will boost business access to finance.
Prime Minister Thongloun Sisoulith on September 4 signed the SME Promotion Fund decree giving a strong legal backing to its establishment and operation as it seeks to inject capital into small and medium-sized businesses.
According to the decree posted on the Lao National Gazette, one of the government’s channels to disseminate state policies, laws and regulations, the SME fund is a state organisation under the Ministry of the Industry and Commerce.
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http://annx.asianews.network/content/lao-pm-signs-sme-fund-decree-104380
