Him “important role” played by small and medium enterprises highlighted in his message, the UN Secretary General Antonio Guterres, on the occasion of the International Day of Small and Medium Enterprises. “Micro, small and medium-sized enterprises play an important role in economies, communities and households around the world. They reduce unemployment, promote growth and innovation, and promote new markets and industries.”
In this context, it calls for support for micro, small and medium-sized enterprises to contribute to the implementation of the sustainable development goals.
At the same time, it illuminates the challenges they face. “They are particularly vulnerable to rising inflation and supply chain disruptions plaguing the global economy. The businesses owned by young people and women are among those most at risk” notes.
Referring to the theme of this year’s Day, she points out that it focuses on women and youth entrepreneurship and resilient supply chains and advocates the need to create environments that support micro, small and medium enterprises and promote financial inclusion to provide equal access to markets and financing.
“We need to help strengthen the ability of these businesses to withstand difficult times. We must also work to build sustainable supply chains that benefit workers and respect the environment” he underlines and adds conclusively: “In this way, we harness the power of micro, small and medium-sized enterprises to help reduce inequalities, increasing living standards and protecting communities and the environment. We are supporting some of the world’s poorest people and contributing to the achievement of the Sustainable Development Goals.”
Source: News Beast
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