JeraldThomp 01.5XXXXXXXXXX 01.5XXXXXXXXXX Register date: September 24, 2020

Jayanthipura, Mullaittivu, France, 88 Cours Marechal-Joffre

Adapting technical assistance to satisfy the difficulty As COVID-19 moves from a health crisis to an economic crisis, we are trying to expect how small companies all over the world will weather this storm and where we require to focus our efforts. LCGC deals with micro, small and medium-sized business (MSMEs), mainly in the establishing world. The normal small company we work with employs in between 10 and 20 individuals, is close to or is already export-ready, and wishes to grow worldwide. These MSMEs represent 60% -70% of jobs in developing nations and around half of economic activity ¹. Moreover, they tend to employ youths and women. It is still prematurely to estimate how deeply the pandemic will impact our core constituency. Small companies are already or will soon face a liquidity crisis, which could eliminate entire segments of the economy. In the next few months, they will face a series of difficulties that will depend, to a big degree, on how policymakers respond to the crisis today. In the event you loved this information and you want to receive much more information about generously visit our web-site.

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