BoN paid out N$ 85,9 million through its SME Economic Recovery Loan Scheme

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The Bank of Namibia (BoN) has so far paid out N$ 85,9 million to SMEs through its SME Economic Recovery Loan Scheme. 
The Scheme is designed to support SMEs in an effort to promote economic recovery. 

The Central Bank says the SME Economic Recovery Loan Scheme is a much-needed boost that has created employment opportunities for Namibians who would have otherwise been jobless in the aftermath of the COVID-19 pandemic and geopolitical storms.