KUALA LUMPUR: 2017 has been declared as the Startup and SME Promotion Year in line with the role of small and medium-sized enterprises in significantly contributing to the nation’s growth and labour market.

KUALA LUMPUR (Oct 21): The Federation of Malaysian Manufacturers (FMM) welcomes the incentives for the development of small and medium enterprises (SMEs) in Budget 2017, but expressed disappointment that more funds had not been allocated to the sector’s growth.

KUALA LUMPUR, Oct 21 (Bernama) -- Following are the economic highlights of the 2017 Budget themed, “Accelerating Growth, Ensuring Fiscal Prudence enhancing well-being of the Rakyat," tabled by Prime Minister Datuk Seri Najib Tun Razak in Parliament today.

KUALA LUMPUR -- The government provided a major boost to private investments and small and medium scale enterprises through pro-business strategies in the 2017 budget that clearly is set to instill greater investor confidence and propel the economy to greater heights amid external headwinds.

Budget 2017 themed “Ensuring Unity and Economic Growth, Inclusive Prudent Spending, Wellbeing Of The Rakyat”, is comprehensive and supportive of SMEs, with year 2017 declared as the Start-up and SME Promotion Year.

Selain itu, jaminan sehingga RM15 bilion bagi pelbagai skim Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) akan dilanjutkan tempohnya sehingga tahun 2025, kata Perdana Menteri Datuk Seri Najib Razak ketika membentangkan Bajet 2017 di Parlimen, hari ini.