SMEs need MNT800 billion to fully develop

Most of the 1,000 domestic economic entities that contribute to the budget are small and medium enterprises while a few are large companies. A survey finds the SME sector needs MNT800 billion to expand. The MNT805 billion to be spent on monthly allowances in 2011 could have been used for this. It is significant that SMEs employ thousands of people but receive very little support from the Government.