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The House of Representatives approved a plan to strengthen support for small, medium, and micro-enterprise projects. This includes amending the Enterprise Development Law to increase incentives and exemptions, as well as raising the annual turnover threshold for projects to align with economic developments. The plan also involves establishing a legislative framework to support startups and decentralize the empowerment of women, in addition to implementing parliamentary oversight and field visits to monitor performance and address challenges in project implementation. The goal of this initiative is to foster innovation, technology, and entrepreneurship, with a focus on financing and reviewing supportive legislation to stimulate economic growth in this sector.
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