Global Head of the World Bank’s Finance and Markets Global Practice, Simon Bell, says both policy interventions are bad legislations, which will affect the growth of SME’s.
Speaking during the SME Development Workshop in Port Moresby recently, Bell said many economies in their bid to boost their SME sectors, came up with bad legislations.
One view that the Reserved Businesses legislation is a bad intervention falls on the premise that employment will suffer and that the quality of service may drop.
