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The National Development Agency (NDA) and the German Corporation for International Cooperation (GIZ) have agreed to implement a project entitled “Promotion of Growth and Employment in the Private Sector”.

The project will be funded by the German Ministry of Economic Development and Cooperation (BMZ) at a cost of €4,500,000 and will run for three years, starting in January 2021.

The main goal of the project is to increase employment and create new jobs by supporting the economic stability or immunity of micro, small and medium enterprises, and startups.