President Dr. Mohamed Muizzu has announced that the Government intends to launch a 6.5 million-dollar loan facility for women entrepreneurs, with 25 percent allocated to women with disabilities.
He made the remarks while speaking at the High-level Closing Ceremony of the SIDS Global Business Network (GBN) Forum 2024, held at Antigua and Barbuda.
The President promoted investments in micro, small, and medium enterprises (MSMEs) and young entrepreneurs.
He also stressed the importance of facilitating easier cross-border trade and protecting the intellectual property rights of MSMEs while ensuring a regulatory environment that encourages investment, innovation, entrepreneurship, and sustainable development.
President Dr. Muizzu articulated the need to prioritize inclusivity and empower local communities to enhance connectivity between businesses and governments.
He added that this connection can leverage the strengths of both sectors to achieve common goals, from infrastructure development to disaster risk reduction, and is particularly important in SIDS, where islands are dispersed.
