Helping small businesses build financial resilience
In the wake of the COVID-19 pandemic, small businesses in least developed countries (LDCs) are seeing revenues plummet and are struggling to access financing. Many LDCs depend on foreign aid, and are fearful that cuts to aid budgets will further set back their economic development. It’s crucial that aid funding is spent as effectively as possible to attract more private investment to LDC small businesses. The private sector is ready. Funds such as the SDG500 are already supporting small busin...
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Source: weforum.org