Govt approves RM1.245bil under PENJANA SME financing scheme


KUALA LUMPUR: The government has approved a total of 6,613 applications involving RM1.245 billion under the National Economic Recovery Plan’s (PENJANA) small and medium enterprise (SME) financing scheme as of Feb 5, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

The PENJANA SME Financing scheme, which has a RM2 billion allocation, prioritises SMEs that have never received any bank financing previously.

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