Cambodia to Strengthen 'Backbone of National Economy' Through MSME Development Strategy
Cambodian Prime Minister Hun Manet has launched the "National Strategy for Micro, Small, and Medium Enterprises (MSMEs) Development 2026-2030." MSMEs are deemed the "backbone of the national economy," contributing 63% to GDP and creating over 70% of employment. The government will implement various support measures, including simplified procedures and incentives.
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