Source: Date: Updated: |
TheBahamasInvestor.com
Tuesday, November 13, 2012 Tuesday, November 13, 2012 |
The government is developing new legislation to support small and medium sized enterprises (SMEs), and help them fulfill their potential as drivers of the Bahamian economy, according to Minister of State for Investments Khaalis Rolle.
The Minister said that the government is developing an SME development framework in collaboration with the Bahamas Chamber of Commerce and Employers’ Confederation, as well as the Inter-American Development Bank.
The framework will help SMEs with access to financing, as well as business and technical support services.
Minister Rolle said it would “ensure SMEs are based on the soundest possible footing and that they can operate in an environment that is conducive to their success.”