KABUL (BNA): The Ministry of Industry and Commerce has signed 11 Memorandum of Understanding (MoU) with foundation and collaborative institutions to support vulnerable families and small businesses in the country.
According to a statement released by this Ministry today, based on these MoUs, approximately $7 million will be allocated across 15 provinces in the country for various activities aimed at supporting youth and vulnerable communities.
The fund will be spent to provide training and capacity building for entrepreneurs and workers in various sectors and facilitate the procurement and distribution of essential inputs and outputs for small businesses and industries.
Additionally, the initiative would also encourage and assist small-scale investors and traders through telephone services and other means, and empower vulnerable youth and impoverished families through small-scale businesses and commercial job opportunities, as well as handicraft programs for women and carpet weaving workshops.
Nooruddin Azizi, the Acting of the Minister of Industry and Commerce, expressed gratitude to the institutions’ leaders for launching development programs after signing these MoUs and urged them to prioritize education and employment creation for recently returned migrants to the country.