Small businesses on the verge of collapse – Survey

Small businesses on the verge of collapse – Survey

A survey by the Federation of Medium and Small Scale Enterprises indicates that 36 percent of them are on the verge of collapse as a result of the of recently partially lifted Covid-19 lockdown.

The survey found that 49 out of 100 business people interviewed were struggling to make ends meet.

NTV spoke to Lilian Alinda who is preparing to close her tailoring business, which she started last year after resigning from a bank job.

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