"Regional Meeting on Innovative Mechanisms for Financing and Guarantees for MSMEs in Latin America and the Caribbean“.

Santo Domingo, Dominican Republic, April 19 – 21, 2017

SESSION I. CARIBBEAN PANEL: STATUS OF FINANCING AND GUARANTEES FOR MSMEs IN CARIBBEAN COUNTRIES. RECOMENDATIONS BASED ON BEST PRACTICES 

Financing and guarantees for MSMES: Guyana. 

Presentation of Gillian Edwards. Ministry of  Business. Photo Credits: MICM Dominican Republic.

Content:

CONTEXT - DEVELOPMENT STRATEGIES

1. National Competitiveness Strategy (NCS)- improve environment for investment and export development

2. Low Carbon Development Strategy (LCDS)- Reduce deforestation, reorientation towards low carbon sectors

3. Green Economy Development Strategy – work in progress (balancing environmental sustainability and economic development; conservation/sustainable exploitation of natural resources).

DEVELOPMENT GOALS

Key overall development objectives;

1) Enhanced economic growth

2) Developing a ‘green’ economy - Sustainable development goals

3) Diversification of the economy (move away from dependence on traditional primary products)

4) Equitable geographic distribution of economic activity; (primarily coastal)

Download the presentation here