The Montreal Group would like to hereby share high level Benchmark of COVID-19 Intervention Plans developed by its members and other MSME-focused Development Banks. Events are moving very fast and material is constantly evolving. Nevertheless, as all of you are leading discussions locally at this crucial time to come up with impactful offerings for your entrepreneurs, we believe this high-level benchmark may be resourceful.
The COVID-19 presents a serious challenge for our societies. We are slowly but surely starting to identify the effects that the pandemic will have on the global economy. Most businesses have suffered the impact of the outbreak and some are already stepping into their recovery process. Governments are facing these problems with fiscal policy measures, and in many cases, MSME Development Banks become imperative players in supporting entrepreneurs and businesses.
