ICC SOS – Save Lives. Save Livelihoods. Save Our SMEs
The coronavirus crisis has affected MSMEs disproportionately and has revealed their vulnerability to the supply and demand shock, particularly around liquidity and cash flow. It’s estimated that 40-60% of small businesses might not reopen after the Coronavirus pandemic. 200 million full-time job losses are expected between April and July 2020.
TFG heard from ICC’s Secretary General John Denton and talked about actions needed from governments, private sector leaders and international institutions to ensure the continued viability of our MSMEs.
Full article and transcript here: https://www.tradefinanceglobal.com/posts/podcast-s1-e43-icc-sos-save-lives-save-livelihoods-save-our-smes/.
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