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)
The proposal would require the government to give MSMEs at least 10 % of its purchases, lower the cost of permits, give them free space in public markets and malls, set aside 10 % of bank loans for them, and create a fund to help them recover from disasters.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-2054. Status changes over time; check the link for the latest.
SBN-2054 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.