Government Eyes Interest Subsidy for MSMEs to Boost Exports

The government is thinking about giving small and medium-sized businesses (MSMEs) money to help them borrow at lower interest rates.

This is to help them sell their goods to other countries, making them more competitive.

An old program that gave this help stopped in December 2024.

The new plan is part of a bigger effort to support exports, with a special budget for it.

Businesses want this help because global trade is uncertain and tariffs are changing.

About 85% of the businesses that received the old help were MSMEs.

Export numbers remained flat last year, and global trade is expected to shrink this year.