Chapter III
SME Promotion and Development Fund

Article 11: Establishment of the SME Promotion and Development Fund

  The Government is authorized to establish the SME Promotion and Development Fund to provide support to SME promotion and development programs. The SME Promotion and Development Fund shall be managed by the National SME Promotion and Development Office. Separate regulations for the management of the SME Promotion and Development Fund will be issued.

Article 12: Income of SME Promotion and Development Fund

  The SME Promotion and Development Fund shall receive income from the following sources:

1. The National Budget,
2. International grants or loans,
3. Voluntary donations and contributions by individuals and organizations, and
4. Services and the collection of fees and others.

Article 13: Expenditures of the SME Promotion and Development Fund

  The SME Promotion and Development Fund shall be used for the following purposes:

1. To support SME promotion and development projects,
2. To provide financial support to SMEs,
3. To cover administrative expenses of the National SME Promotion and Development Committee,
4. To pay bonuses and other rewards to staff of the National SME Promotion and Development Office,
5. To develop human resources of the National SME Promotion and Development Office, and staff and workforce of the business sector,
6. To cover administrative expenses of the National SME Promotion and Development Office, and
7. To support other activities related to SME promotion and development.

Article 14: Annual Budget of the SME Promotion and Development Fund

  The annual budget of the SME Promotion and Development Fund will be considered by the National SME Promotion and Development Committee prior to being submitted to the Government for approval.