According to her, PEBEC mandate focuses on delivering a climate for MSMEs where it is easier for them to start and grow their businesses.

Source: https://punchng.com/business-facilitation-act-will-boost-ease-of-doing-business-experts/

According to the bank, the N23bn issued would be used to expand its capacity to provide funding for Micro, Small and Medium Enterprises (MSMEs) in facilitation of its main corporate goal.

Source: https://bizwatchnigeria.ng/development-bank-dbn-raises-n23bn-for-small-scale-businesses/?utm_source=rss&utm_medium=rss&utm_campaign=development-bank-dbn-raises-n23bn-for-small-scale-businesses&utm_source=rss&utm_medium=rss&utm_campaign=development-bank-db

Amit Shah: For the states to develop, they need to have good policies that will help develop MSMEs and create job opportunities.

Source: https://www.freepressjournal.in/india/up-global-investors-summit-2023-pm-modi-to-inaugurate-summit-at-10-am-watch-live-here

Are India’s ambitions relating to the MSMEs and entrepreneurship a bit obfuscated?

Source: https://www.thehindu.com/opinion/open-page/giving-a-fillip-to-entrepreneurship-ambitions/article66498538.ece

Coming to business, Sitharaman has proposed cuts in custom duties in multiple goods, extension of credit to MSMEs, tax sops to new MSMEs, relaxed surcharge rates, cap deductions to Rs.

Source: https://www.newdelhitimes.com/why-2023-budget-marks-confidence-and-continuity-in-modi-governments-vision/

Coming to business, Sitharaman has proposed cuts in custom duties in multiple goods, extension of credit to MSMEs, tax sops to new MSMEs, relaxed surcharge rates, cap deductions to Rs.

Source: https://www.newdelhitimes.com/why-2023-budget-marks-confidence-and-continuity-in-modi-governments-vision/

During the launch, Trade Secretary Alfredo Pascual said the USAID program will support the agency’s goal of scaling micro, small and medium enterprises (MSMEs) by helping them hurdle the constraints in accessing technology.

Source: https://businessmirror.com.ph/2023/01/19/usaid-launches-5-year-program-to-quicken-msmes-digitalization/

Everybody benefits because the fabric of society, which is a large percentage of the population employed by MSMEs, also does better economically.

Source: https://newsbytes.ph/2023/02/10/uno-digital-bank-proxtera-target-smes-in-financial-literacy-pact/

For the development of MSMEs, while it is funded, Pascual said there are other items that still need funding such as the shared service facilities.

Source: https://businessmirror.com.ph/2023/09/22/dti-p7-9-b-budget-not-enough-for-mandates/?utm_source=rss&utm_medium=rss&utm_campaign=dti-p7-9-b-budget-not-enough-for-mandates

Haitians own 6.1 %of MSMEs, compared to all non-Dominicans’ 1 percent.

Source: https://haitiantimes.com/2023/06/22/if-only-haitians-loved-haitians-as-much-as-dominicans-love-haitians/

In Fiji, MSMEs contribute significantly to gross domestic product (GDP) and account for 60 per cent of employment.

Source: https://fijisun.com.fj/2023/04/24/upscaling-the-msme-sector/

Interestingly, women-owned MSMEs demonstrated a strong presence on e-commerce platforms, despite the underrepresentation of women in the broader MSME landscape.

Source: https://www.thehindubusinessline.com/economy/e-comm-integrated-msmes-better-than-non-integrated-counterparts-in-turnover-and-profitability-icrier/article67399635.ece

In the Philippines, according to the Department of Trade and Industry’s 2021 statistics, MSMEs comprised 99.58 percent of all businesses, generated 64.67 percent of the country’s total employment and contributed 35.6 percent of total exports.

Source: https://business.inquirer.net/431224/fight-corruption-help-msmes

“Landbank recognizes the crucial role of MSMEs in advancing economic development and job generation,” Ortiz said.

Source: https://business.inquirer.net/412789/landbank-loans-to-msmes-hit-p49-5b-as-of-june

Legarda has also filed Senate Bill No. 8, or the (Livelihood) Act that seeks to institutionalize the livelihood programs of different government agencies for MSMEs under one umbrella program in view of pandemic recovery.

Source: https://balita.com/solons-expect-to-hear-more-jobs-ease-on-cost-of-living-from-sona/

“MSMEs and manufacturers can apply for the loans by submitting their application on the portal provided for the programme.

Source: https://www.vanguardngr.com/2023/12/fg-to-commence-disbursement-of-presidential-grants-loans-to-businesses/

Nigerian’s informal sector classified as micro, small and medium enterprises (MSMEs) make up 65% of the country’s GDP.

Source: https://www.blueprint.ng/nigerias-energy-deficit-preparing-for-fuel-subsidy-removal/

One of the reasons for low penetration is it was very difficult to get access to these MSMEs.

Source: https://www.financialexpress.com/industry/sme/msme-fin-aditya-birla-capital-launches-a-platform-offering-capital-and-business-solutions-for-msmes/3091639/

On March 10, 2023, CS for MSMEs Simon Chelugui said over 800,000 borrowers under the Hustler Fund had defaulted on paying back their loans within the stipulated time of 30 days.

Source: https://allafrica.com/stories/202303240011.html

Over the next two years, five lakh MSMEs will also be digitally upskilled through the Meta Small Business Academy.

Source: https://www.orissapost.com/ondc-meta-partner-to-enable-small-biz-unlock-power-of-digital-commerce/