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RM6.6 billion in micro-financing to help PMKS grow its business

MEMBAKUT, – The increase in micro financing to RM6.6 billion through the 2027 Budget is expected to help micro, small and medium enterprises (MSMEs) expand their businesses and increase income.

Deputy Minister of Entrepreneurship and Cooperative Development, Datuk Mohamad Alamin said the allocation reflects the government’s concern for the high demand among PMKS entrepreneurs across the country.

He expressed his appreciation to the government leadership, especially the Minister of Finance, for providing large funds to support the development of the sector.

“Overall, I am grateful that the government is aware and sensitive to such a large demand to help PMKS entrepreneurs throughout the country,” he said when met by reporters, here today.

According to him, efforts to help entrepreneurs are not only implemented by the Ministry of Entrepreneur Development and Cooperatives (KUSKOP), but also involve ministries and other agencies that provide various support programs.

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