Japan provides US$300 million for micro and small enterprises in Turkey

The Japan International Cooperation Agency (JICA) announced that it will provide US$300 million in loans to fund micro and small enterprises through the 'Rapid Support for Micro and Small Enterprises Project'.

Micro and small enterprises comprise 99% of all businesses in Turkey, many of which have been negatively impacted by the COVID-19 crisis. Therefore, JICA aims to help these enterprises by providing emergency liquidity and contributing to the sustainable growth of Turkey’s economy.

Press release - Japan International Cooperation Agency