HB 4384
House·20th Congress·Filed Sep 8, 2025
An Act Further Promoting Entrepreneurship by Strengthening, Empowering, and Enhancing the Financing and Other Support Programs for Micro, Small and Medium Enterprises, Amending for the Purpose Republic Act No. 6977, as Amended, Otherwise Known as the "Magna Carta for Micro, Small and Medium Enterprises (Msmes)"
In plain language
The proposal would make it easier and cheaper for micro, small and medium enterprises to start and run a business, reserve government and mall space for them, give them discounts on shipping and rent, and require the government and banks to set aside a share of procurement and loans for these firms.
Business, Trade and IndustryPublic Works and InfrastructureEducation
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Authors · 3 Representatives
Official sources
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HB04384 · Sources: BetterGov Open Congress, BatasWatch