SFD gives top priority to SMEs in 2016

The small and medium-sized enterprises (SMEs) are on the top of priorities of the Social Fund for Development (SFD), affirmed SFD secretary general Soha Soliman.

The SFD gives top priority to providing jobs for youths, she added during a presentation of the SFD's strategy for year 2016.

The strategy focuses on the most impoverished areas and recreating of business incubators nationwide through using best practices which aim to support ideas through funding them, she added.

She also said that cooperation will be held with the International Cooperation Ministry in 2016 regarding obtaining foreign funds that come in line with directives by President Abdel Fattah El Sisi to support SMEs along with providing hard currency to meet the country's needs.