The MSME funding scheme comes under the Economic Funding Window of SDF, which has earmarked an amount of $10million to be disbursed under the MSME funding scheme in BangladeshSaarc Development Fund (SDF) is going to launch a $10million micro, small and medium enterprise (MSME) funding scheme in Bangladesh aimed at boosting job creation, raising income and increasing investments in human capital, according to a press release. The MSME funding scheme comes under the Economic Funding Window of SDF, which has earmarked an amount of $10million to be disbursed under the MSME funding scheme in Bangladesh. “MSMEs account for a significant share of employment and GDP in Bangladesh and as such it is important for SDF to launch its MSME funding scheme in Bangladesh. The MSME funding scheme shall be used to fund export-oriented clusters in Bangladesh to promote economic integration and regional cooperation in the entire Saarc region,” said Dr Sunil Motiwal, CEO of SDF. The fund is working to promote regional cooperation and integration in the Saarc region.

Source: Dhaka Tribune January 09, 2019 17:26 UTC