The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) CEO, Bassel Rahmy, announced that it has allocated EGP 25.6 billion over the past decade to boost industrial and production sectors in the region.
El-Kilani shared that the tax facilitation package aims to establish a comprehensive tax system for businesses with annual revenues not exceeding EGP 15 million
Bassel Rahmy, the CEO of the MSMEDA, emphasized the importance of the SME sector, which represents more than 80% of the Egyptian economy
These agreements came as follows: the first funding, worth EGP 100 million, to finance the micro project in all governorates. The second funding, worth EGP 60 million, was allocated to women in all governorates within the framework of the project to support women in microfinance.
The CEO of MSMEDA, Bassel Rahmy, announced that during his meeting with Prime Minister, Mostafa Madbouly, to follow up on the agency's efforts during the period from January to October 2023
