The need to support countries formulating policies and strategies for MSME resilience has been recognized by the General Assembly resolution A/RES/74/270 . In the Secretary-General’s report ‘Shared responsibility, global solidarity: Responding to the socio-economic impacts of the COVID-19 pandemic’ , supporting MSMEs is outlined as a focus area to tackle socio-economic effects of the COVID-19 pandemic. Supporting MSMEs and informal workers is also included as one of the five pillars in the…
Micro-, small and medium-sized enterprises (MSMEs) contribute to achieving the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs). MSMEs help reduce levels of poverty through job creation and economic growth, they are key drivers of employment, decent jobs and entrepreneurship for women, youth and groups in vulnerable situations, and also make up the majority of the world’s food producers and ensure sustainable food production systems, they play a critical…