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Tuesday, August 12, 2008

How small firms can contribute 60% to national economy

2008-08-11 08:55:12
By Felix Andrew

The contribution of small and medium enterprises (SMEs) to the economic wellbeing of the nation could be made to double as long as training and soft loans are expertly availed to the sub-sector, according to a banking expert.

At the moment, the input of the SMEs to the country`s gross domestic product (GDP) is estimated to be around 30 percent.



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