Report on SME Finance Compact Workshop

Under the Turkish Presidency, the GPFI through its implementing partners, the World Bank Group in collaboration with the Alliance for Financial Inclusion, organized a one-day workshop in Antalya, September 2015 on SME Finance. This report highlights challenges, solutions and recommendations that emerged from the workshop.

In an effort to promote SME finance policies and approaches that spur economic growth, the G20 GPFI announced the SME Finance Compact in 2012. The GPFI announced an SME Finance Compact in 2012, to promote the development of innovative models and approaches to address the specific challenges and constraints faced by low income developing countries (LIDCs) with regard to SME finance.