CEDA Receives 67 Pitches For Stimulus Facility

The ISF was launched last year by the Minister of Investment Trade and Industry (MITI), Peggy Serame as part of the Economic Recovery Transformation Plan. About P1. 3 billion was made available to firms and individuals via development finance institutions that include CEDA and other sister agencies.

CEDA chief operations officer, Andrew Madeswi said they were allocated about P300 million to assist Small, Medium and Micro Enterprises (SMMEs) navigate the impact of the pandemic.