Asian Development Bank (ADB)
Location
Sri Lanka
7° 52' 22.9944" N, 80° 46' 18.4692" E
Their framework for the country emphasizes the development of SMEs, microenterprises, and the self-employed. Also on agenda - improving management of state-owned banks, and strengthening their ability to support SMEs and private infrastructure investment. Economic development in the poorer regions is also the focus of a regional SME project, which provides credit lines through private banks to SMEs outside Western Province.
Reason:
An international organization has much more leverage to increase the funding into the SME sector in the region. With its local partners, there would be more interest in the sector.
An international organization has much more leverage to increase the funding into the SME sector in the region. With its local partners, there would be more interest in the sector.
Organization: Asian Development Bank (ADB)
First name: Richard
Last name: Vokes
City:
Country: Sri Lanka
