Department of Trade and Industry Secretary Alfredo Pascual presented the Micro, Small and Medium Enterprises Development Plan 2023-2028 at a sectoral meeting in Malacañang chaired by President Ferdinand Marcos Jr.
The newly-unveiled plan represents the fourth iteration of the national MSME strategy, which continues a legacy of structured economic support through the integration of contemporary digital solutions. “The new MSME Development Plan is more than a policy document; it is a blueprint for the future, ensuring that our enterprises are competitive, innovative, and resilient,” said Pascual. Othel V. Campos“By focusing on digitalization, we are preparing our MSMEs to meet the challenges of the modern economy and ensuring they continue to be a critical driver of our nation’s growth,” he said.
Developed through extensive consultations with a diverse range of stakeholders, the plan establishes a forward-thinking framework that not only meets the immediate needs of MSMEs but also propels them to the forefront of the digital economy.
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