With much considerations have gone into the development of micro, small, and medium-sized enterprises (MSMEs)over the years, the Government is looking at increasing MSMEs contribution to Fiji’s GDP to 30 percent in the next 10 years.
While highlighting the work that the coalition government has done in getting more people into MSMEs on fijivillage Straight Talk with Vijay Narayan, Deputy Prime Minister and Minister for Trade, Co-operatives, Micro, Small and Medium Enterprises and Communications Manoa Kamikamica says this year, they held the first MSME conference in Suva where it focused more on creating awareness around MSMEs.
He says they have targeted assistance for MSMEs with $120 million announced in the 2024/2025 national budget.
The Deputy Prime Minister says they want to create a MSME ecosystem in Fiji.
Kamikamica adds they have grants for small micro businesses which is about $500 to $1,000 and they also grants for cooperatives and small businesses that want to evolve into other things.
When questioned on the Government support for those business to remain sustainable in the long-run and where they can be assisted, Kamikamica says the best place to get advice from is from their Ministry.
