Yangon—Union of Myanmar Federation of Chambers of Commerce and Industry has received 509 applications for COVID-19 loan for seven days.
The CMP, hotels and tourism and SMEs are the priority sectors that need the remedy.
Till 9 April, the UMFCCI (headquarters) and offices in regions and states will accept the submission of applications in person or online.
The Union government has set up a Ks 100 billion COVID-19 Fund—Ks 50 billion from the State’s revolving fund and Ks 50 billion from the social security fund.
