Budget 2023: Loans worth RM1.7bil for micro-entrepreneurs, hawkers


KUALA LUMPUR: Financing packages worth RM1.7bil will be provided to micro-entrepreneurs and hawkers by agencies under Bank Negara, Bank Simpanan Nasional (BSN) and the National Entrepreneur Group Economic Fund (Tekun).

Prime Minister Datuk Seri Anwar Ibrahim, in tabling the revised Budget 2023 on Friday (Feb 24), said a total of RM300mil will be allocated to support micro-businesses by women and youth entrepreneurs while BSN will offer over RM1bil in financing, focusing on micro SMEs and hawkers.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Senior immigration officer claims trial to four graft charges
Melaka CM lauds civil servants for state's progress over the last three years
Ex-bank executive remanded over suspected drone financing bribes
Sultan Ibrahim’s Royal Address, ‘concise, comprehensive’, full of key messages, says Zahid
Johor and S'pore reaffirm bilateral ties
Thai van driver charged over fatal crash in Napoh
Education, people's well-being are vital focuses of 13MP, King decrees
Johor records RM102bil in approved investments for 2025, highest among states
Four nabbed in separate Tawau threat cases
Man who allegedly beat a child with a chair granted bail

Others Also Read