5th Meeting of the MENA-OECD Working Group on SME Policy, Entrepreneurship and Human Capital Development
|22-23 February, 2011 in Casablanca, Morocco
Organised in cooperation with the Moroccan Ministry for General and Economic Affairs
From Left to Right: Sergio Arzeni (OECD), Anthony O’Sullivan (OECD), H.E.Minister Nizar Baraka (Morocco), Ludovica Agro (Italy), Antonio Fanelli (OECD)
(Photo: Agence Maghreb Arabe Presse)
Access to finance for micro and small companies in the MENA region is difficult. The major challenge is to move beyond microfinance to longer-term financial products and services that are critical to overcoming constraints to growth.
The two-day event, opened by H.E. Nizar Baraka, Moroccan Minister of Economic and General Affairs, developed action-oriented recommendations on supply and demand-side financing to be presented at the next Ministerial conference.
Participants engaged in a debate and discussion on:
- challenges in SMEs access to bank or alternative sources of financing;
- analysing current lending practices in the MENA region; and
- sharing good policies and innovative solutions to improve credit allocation.
The meeting followed up on the 4th Working Group meeting held in Tunis, 2009 MENA-OECD Ministerial Declaration and the work of the OECD-MENA Women’s Business Forum.
Participants included representatives from government institutions in charge of SME and entrepreneurship policy; business, banking and entrepreneur associations; researchers and academics; and members of the international policy and donor community.
Agenda: English / Français
Conclusions: English / Français