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Changes needed as Bank’s tough rules stall $30m Gov’t aid for small businesses — PM Fakafanua
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Changes needed as Bank’s tough rules stall $30m Gov’t aid for small businesses — PM Fakafanua
Prime Minister Lord Fakafanua says government hardship support programmes and subsidised loan initiatives worth $30 million are facing processing delays and weaker uptake, citing stricter eligibility criteria, extensive documentation requirements, and affordability checks. This funding initiative was introduced by former Prime Minister ‘Aisake Eke to stimulate the growth of the private sector and informal businesses, […]
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