PILLAR II: ESTABLISHING A STABLE AND CONDUCIVE FRAMEWORK AND DOMESTIC MARKET CONDITIONS FOSTERING THE CREATION AND GROWTH OF THE PRIVATE SECTOR 2017 2022 2030 STRATEGIC RESOURCES AND OBJECTIVES INSTRUMENTS Targets Strategic Paths Targets Strategic Paths Targets Strategic Paths 72. Easy and A targeted decentralized Review, Full Monitoring and Full Review and update Already available SME transparent access credit and targeted amendment, decentralization of evaluation reports. decentralization of of the financial and financing, credit, soft loan to finance for funding and guarantee preparation and SME financial Review and funds' fiscal instruments. and guarantee schemes businesses system is established adoption of support system update of the SME management. (Tijara, IFC, IMMDF, MoA, to support start up relevant policy and instruments, financial support SME support MoIM, MoLSA, etc). businesses and (decentralized SME effectively and policy, regulatory financial enhance Development and efficiently utilized and fiscal instruments competitiveness, Financing), by min 20% of the frameworks. effectively and operated by both legislative and registered efficiently utilized and private regulatory businesses. by min 40% of the banks at equal terms frameworks and registered and conditions, and instruments. businesses. effectively utilized by Establishment of at least 10% of the Competitiveness registered businesses. Fund System (by intervention sectors and areas) to be utilized under Pillar 3.
PILLAR II: ESTABLISHING A STABLE AND CONDUCIVE FRAMEWORK AND DOMESTIC MARKET CONDITIONS FOSTERING THE CREATION AND GROWTH OF THE PRIVATE SECTOR STRATEGIC OBJECTIVES 2017 2022 2030 RESOURCES AND INSTRUMENTS Targets Strategic Paths Targets Strategic Paths Targets Strategic Paths 72. Easy and transparent access to finance for businesses A targeted decentralized credit and targeted funding and guarantee system is established to support start up businesses and enhance competitiveness, operated by both and private banks at equal terms and conditions, and effectively utilized by at least 10% of the registered businesses. Review, amendment, preparation and adoption of relevant policy (decentralized SME Development and Financing), legislative and regulatory frameworks and instruments. Establishment of Competitiveness Fund System (by intervention sectors and areas) to be utilized under Pillar 3. Full decentralization of SME financial support system and instruments, effectively and efficiently utilized by min 20% of the registered businesses. Monitoring and evaluation reports. Review and update of the SME financial support policy, regulatory and fiscal frameworks. Full decentralization of funds' management. SME support financial instruments effectively and efficiently utilized by min 40% of the registered businesses. Review and update of the financial and fiscal instruments. Already available SME financing, credit, soft loan and guarantee schemes (Tijara, IFC, IMMDF, MoA, MoIM, MoLSA, etc).
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