SME Finance Responses to COVID-19 in AFI Member Countries

Micro, small and medium enterprises (MSMEs) are taking the biggest hit during the COVID-19 pandemic with loss of sales, loss of market and staff availability, to name a few.

The latest policy note by AFI’s SMEF Working Group highlights various measures taken by some countries to encourage business operations, safeguard jobs and increase domestic investment. These policy responses have been applied, keeping in mind two main phases: mitigation and recovery.