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G20 Leaders, in the Antalya Action Plan, said they "are taking collective actions to promote financing for SMEs, especially in emerging economies, by improving systems for credit reporting, lending against movable collateral, and insolvency reforms." In addition, they weclomed the launch of the SME Finance Forum’s global membership network, as well as the progress made in scaling-up support to SME finance in low income developing countries through new partnerships under the SME Finance Compact.
The Antalya Action Plan sets out the G20’s plan for decisive actions to strengthen the global economic recovery and foster strong, sustainable and balanced growth. Read the full report.
