Published July 9, 2021, 7:00 AM
Trade and Industry Secretary Ramon M. Lopez has batted for continued support such as loan moratorium, rent relief and industry support funds to troubled micro, small and medium enterprises (MSMEs) as the way forward to recovery.
At the virtual hearing by the Senate committee on trade, commerce, and entrepreneurship, which tried to assess the impact of the COVID-19 on MSMEs, Lopez stressed the need for continued support to MSMEs noting that the road to recovery is still full of challenges.
Trade and Industry Secretary Ramon M. Lopez
“As continuity is key to successful delivery of services to our people, especially the marginalized sectors, there is need to boost government’s assistance to MSMEs thru DTI programs such as the Livelihood Seeding Program, Pondo sa Pagbabago at Pag-Asenso (P3), and CARES,” said Lopez.