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SMEs

Solution or Stopgap?

Tuesday, May 21, 2002

The IMF has approved the government's plan to discount the debts of small/medium-sized enterprises. However, the plan contains many pitfalls.

arsip tempo : 173165706176.

. tempo : 173165706176.

The government achieved some success last week, when its restructuring proposal for small and mediumsized enterprises (SMEs) received backing from the International Monetary Fund (IMF), the multilateral lender that previously rejected the idea. However, the government has to act fast and systematically in restructuring the debts owed by SMEs, if it expects to gain from the new plan.

State Minister for Cooperatives and SMEs, Alimarwan Hanan

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