The government is considering providing small businesses with an unspecified amount of new credit guarantees starting from the beginning of fiscal 2000 in April to promote creation of new enterprises, vice trade minister Osamu Watanabe said Monday.

The new scheme is to replace the current special credit guarantee worth 20 trillion yen, which was set up by the government last October to help finance small and medium-size companies faced with fundraising difficulties.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.