President al-Assad issues Law on establishment of Micro-Finance Banks

Damascus, SANA- President Bashar al-Assad on Saturday issued the Law no. 8 for the year 2021 on establishment of the Micro-Finance Banks.

The Banks aim at securing the necessary funding for projects of smallholder producers, small entrepreneurs, and those who have a low income or zero-income through granting them operating loans in order to secure additional income for this segment, create job opportunities and achieve sustainable development.

Bushra Dabin/ Hala Zain

Check Also

Ambassador Al-Dahhak: Security Council failure to fulfill its responsibilities encourages Israeli occupation to continue its attacks regional states

New York, SANA- Syria’s Permanent Representative to the United Nations, Ambassador Qusay Al-Dahhak, said that …