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ALL 6.5 billion in support of small and medium-sized enterprises

TIRANA, June 21 /ATA/ Minister of Finance and Economy, Anila Denaj, states that, “the new strategy for Business and Investment Development 2021-2027 aims to increase access to finance for micro, small and medium –sized enterprises through a range of financial instruments.”

“This strategy includes some of the pillars of the government’s development program and will be the next platform for entrepreneurship and investment promotion in the country,” said Denaj.

State guarantee scheme for micro, small and medium enterprises; € 50 million scheme for new production lines in manufacturing; establishment of development fund; online application for grants, are some of the business financing programs.

“While the budget commitment in support of business and investments amounts to 6.5 billion ALL” – Denaj emphasizes.

The vision of this strategy is a competitive Albanian economy, driven by innovation and based on knowledge which creates new and quality jobs, using the opportunities offered by the transformation of the international value chain, with an emphasis on sustainable development, in European and regional integration.
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