The Seminar considered the priority areas and major needs for support to cash flow management and MSME’s access to finance shared by representatives from central level public and private Yemeni financial institutions during the capacity building workshop organised in July 2022.
The objective was to provide a platform to discuss the relevant policies and necessary actions to help promoting efficient funding cash flow management and allocation strategies for MSMEs financing to support a sustainable and inclusive recovery.
More specifically, international experts shared knowledge and experience with representatives from central level financial Yemeni institutions and prominent active banks about:
- Cash flow management and allocation strategies of remittances and donor financing;
- Strategies and support measures to promote MSME’s lending under fragile conditions;
- Strategies to support financial innovations that will help addressing the needs of the population for a range of credit services;
- Strategies to expand digital credit to MSMEs and best risk management practices.
The dialogues were organised in the context of the EU-OECD Project on Promoting Economic Resilience in Yemen and they took place in Amman, Jordan.
The EU-OECD project “Promoting Economic Resilience in Yemen” is financed by the European Union and implemented by the Organisation for Economic Co-operation and Development (OECD). Starting in September 2020 and with a total duration of three years, it aims to strengthen the socio-economic resilience of Yemen in order to create viable conditions for economic growth and private sector development. The project is implemented in partnership with the Yemeni Ministry of Planning and International Cooperation.