Jordan, Germany extend dates, funding for SME support programme

Jordan, Germany extend dates, funding for SME support programme

AMMAN “” Jordan and the German Agency for International Cooperation (GIZ) on Saturday signed an amendment to extend their joint "Support for micro-, small- and medium-sized businesses“ programme to 2024 instead of 2022 and increase its budget from 7 million euros to 10 million euros. 

The agreement was signed by Minister of Industry, Trade and Supply Tareq Hammouri and Director of the GIZ's Jordan and Lebanon Office Elisabeth Girrbach, the Jordan News Agency, Petra reported.

The programme aims to implement sectoral strategies to enhance the capabilities of micro-, small- and medium-sized businesses in the sectors of food processing, information and communication technology and tourism.

Towards this goal, the project works to improve the competitiveness of these institutions and enhance their capabilities. It also aims to upgrade the business and investment climate, develop tools for companies to access financial and non-financial services and facilitate dialogue between the public and private sectors.

A workshop on the programme's operational plan was opened in the presence of the ministry's secretary general, Yousef Shamali, who stressed the importance of the partnership with the GIZ.

Shamali said that the ministry "looks forward to developing the joint venture with the GIZ“ in light of the agreement to extend the implementation of the