Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers
Financial inclusion, particularly for small and medium enterprises (SMEs), is widely recognized as a key driver of economic growth and job creation in all economies. SMEs represent a significant part of the world economy and are one of the stronges...
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okr-10986-351702021-04-23T14:02:17Z Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers Goffe, Valeriya Hammersley, James Rustom, Elie CREDIT GUARANTEES PUBLIC FINANCE SME FINANCE DEBT SERVICE SMALL AND MEDIUM-SIZED ENTERPRISES PUBLIC GUARANTEE FINANCIAL INCLUSION Financial inclusion, particularly for small and medium enterprises (SMEs), is widely recognized as a key driver of economic growth and job creation in all economies. SMEs represent a significant part of the world economy and are one of the strongest drivers of economic development, innovation, and employment, since most formal jobs in emerging markets are SME jobs. Given that the global economy needs to generate six hundred million new jobs by 2030, SME development has become a high priority for many governments in both developing and developed economies. Access to finance remains one of the key constraints to the growth of SMEs. As part of the technical cooperation program agreement with the Saudi government, the World Bank Group (WBG) team has been working with the management and staff of the Kafalah partial credit guarantee scheme (PCGS) to provide technical assistance to strengthen Kafalah’s operations, introduce products innovations, and integrate global best practices. This policy note summarizes best practices on various topics of interest to Kafalah that the WBG provided during 2018-2020. 2021-02-23T20:25:48Z 2021-02-23T20:25:48Z 2021-01 Report http://documents.worldbank.org/curated/en/949311612953537597/Guide-for-Policy-Makers http://hdl.handle.net/10986/35170 English Equitable Growth, Finance and Institutions Insight; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
CREDIT GUARANTEES PUBLIC FINANCE SME FINANCE DEBT SERVICE SMALL AND MEDIUM-SIZED ENTERPRISES PUBLIC GUARANTEE FINANCIAL INCLUSION |
spellingShingle |
CREDIT GUARANTEES PUBLIC FINANCE SME FINANCE DEBT SERVICE SMALL AND MEDIUM-SIZED ENTERPRISES PUBLIC GUARANTEE FINANCIAL INCLUSION Goffe, Valeriya Hammersley, James Rustom, Elie Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers |
relation |
Equitable Growth, Finance and Institutions Insight; |
description |
Financial inclusion, particularly for
small and medium enterprises (SMEs), is widely recognized as
a key driver of economic growth and job creation in all
economies. SMEs represent a significant part of the world
economy and are one of the strongest drivers of economic
development, innovation, and employment, since most formal
jobs in emerging markets are SME jobs. Given that the global
economy needs to generate six hundred million new jobs by
2030, SME development has become a high priority for many
governments in both developing and developed economies.
Access to finance remains one of the key constraints to the
growth of SMEs. As part of the technical cooperation program
agreement with the Saudi government, the World Bank Group
(WBG) team has been working with the management and staff of
the Kafalah partial credit guarantee scheme (PCGS) to
provide technical assistance to strengthen Kafalah’s
operations, introduce products innovations, and integrate
global best practices. This policy note summarizes best
practices on various topics of interest to Kafalah that the
WBG provided during 2018-2020. |
format |
Report |
author |
Goffe, Valeriya Hammersley, James Rustom, Elie |
author_facet |
Goffe, Valeriya Hammersley, James Rustom, Elie |
author_sort |
Goffe, Valeriya |
title |
Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers |
title_short |
Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers |
title_full |
Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers |
title_fullStr |
Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers |
title_full_unstemmed |
Best Practices in the Operation of Partial Credit Guarantee Schemes : Guide for Policy Makers |
title_sort |
best practices in the operation of partial credit guarantee schemes : guide for policy makers |
publisher |
World Bank, Washington, DC |
publishDate |
2021 |
url |
http://documents.worldbank.org/curated/en/949311612953537597/Guide-for-Policy-Makers http://hdl.handle.net/10986/35170 |
_version_ |
1764482473579773952 |